FRAUD: Elizabeth Holmes

True Crime: 365 Days · Oct 12, 2026 · 48m

In 2003, Elizabeth Holmes dropped out of Stanford University and founded what would become Theranos, a Silicon Valley blood-testing company that promised revolutionary diagnostics from a single fingerstick sample. For over a decade, the company ran patient tests on an unvalidated device, raised nearly 945 million dollars from investors, and used legal pressure to silence employees who raised alarms. Holmes was convicted of investor fraud in January 2022, but the full extent of patient harm from inaccurate test results has never been publicly quantified, and the regulatory gap the company…