[ad_1]
A judge in the United States has found Theranos founder Elizabeth Holmes guilty of conspiracy to defraud investors by starting a blood test, and finding him guilty of four of the 11 cases.
Holmes, 37, has been charged with felony criminal mischief for firing on a sculpture with a shotgun, according to Flathead County, Washington. He denied that he was innocent.
Here is a list of the times that led to Monday’s decision.
2003
Holmes, who was only 19 years old, left Stanford University to establish Real-Time Cures, a company that would eventually become Theranos. They dream of changing the diagnosis of the disease.
2004
The new company raises more than $ 6m, up to $ 30m.
2009
Holmes’ colleague at the time Ramesh “Sunny” Balwani joined Theranos as chief of operations.
2010
Theranos will raise another $ 45m, to $ 1bn.
2011
Theranos is beginning to attract top board members, including former US writers George Shultz and Henry Kissinger.
2012
The company is relocating to its former Facebook headquarters in Palo Alto, California.
2013
Theranos is beginning to hone his skills, claiming to be able to perform various tests on a single drop of blood using a machine called Edison, and joining a consortium with the pharmacy Walgreens Boots Alliance.
2014
After raising more than $ 400m, Theranos is worth more than $ 9bn. Holmes is known by Forbes as a billionaire – a showcase of his role in the industry.
February 2015
An article in the Journal of the American Medical Association criticized Theranos for failing to publish his research in peer-reviewed journals.
July 2015
Theranos won approval from the US Food and Drug Administration to test for herpes simplex virus 1.
Theranos’ Elizabeth Holmes and Christian Holmes arrived at a dinner hosted by Japanese Prime Minister Shinzo Abe in April 2015, just months before the Wall Street Journal published an explosive report on his company’s business. [File: Andrew Harnik/AP Photo]October 2015
The Wall Street Journal reports that Theranos uses its technology on only a few tests, and staff members question its accuracy.
The FDA later released the findings that the company had used illegal drugs in testing.
January 2016
The US Centers for Medicare & Medicaid Services (CMS) has released a report stating that one of the company’s facilities has a “health and safety risk profile for patients.”
The commission said the inspection showed that the site did not meet its own operational standards, including poor testing of equipment.
June 2016
Walgreens ends his relationship with Theranos.
October 2016
Partner Fund Management, which invested nearly $ 100 million in Theranos, is suing the company for security fraud, alleging that it lied to its experts to protect the funds. Then the case will be settled.
April 2017
Theranos has reached an agreement with CMS to ban the blood test business for two years.
Former Theranos chief Ramesh Balwani (left) is also charged with fraud. He and Holmes were once a family [File: Justin Sullivan/Getty Images via AFP]March 2018
The US Securities and Exchange Commission accuses Theranos, Holmes and Balwani of security fraud. Holmes has been fired from his job and is overseeing the company.
June 2018
Holmes and Balwani are charged with fraud. Both did not object.
September 2018
Theranos announces that it will melt.
March 2021
Holmes reveals she is pregnant.
August 2021
Holmes gives birth to her son. The court indicates that Holmes wants to claim that he was in the hands of Balwani, who is said to be a violent man, at the time of the charges against him. Balwani denied this in the courts.
September 2021
Trials begin in San Jose, California.
November 2021
Holmes plays a key role in defending himself. He refuses to attend anything that may turn out to be a lecturers and patients. It is alleged that Balwani monitors the financial examples provided to depositors and that they are abusive in their relationships.
Founder Theranos Elizabeth Holmes is listening as the court delivers its verdict. The court found him guilty of four of 11 counts of fraud [Vicki Behringer/Reuters]December 2021
The judges are hearing closed disputes from all sides.
January 3, 2022
Holmes was found guilty of three counts of conspiracy to commit felony criminal mischief and conspiracy to commit felony criminal mischief. He was acquitted of three counts of kidnapping patients who paid for tests from Theranos, as well as a similar conspiracy.
The judges were unable to reach a verdict on three charges involving depositors. Judgment day was not immediately set. He has spent 80 years in prison after being sentenced by US Regional Judge Edward Davila but will likely receive a lesser sentence.
[ad_2]
Source link
