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Elizabeth Holmes Theranos Fraud Was Way Worse Than What Shkreli Did
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Date: March 14th, 2018 3:54 PM Author: Hyperactive Swashbuckling Meetinghouse Water Buffalo Stanford dropout, Silicon Valley darling girl gets a slap on the wrist, pays $500,000 fine. Shkreli has to fork over more than $7 million, spend 7 years in prison. |
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Date: March 17th, 2018 2:44 PM Author: startling really tough guy temple Her fraud was much bigger too. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35626437) |
Date: March 14th, 2018 3:56 PM Author: Floppy bat shit crazy double fault What did she do? (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35604944) |
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Date: March 14th, 2018 4:15 PM Author: Crusty Red Pit what did she do. She hit. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605121) |
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Date: March 17th, 2018 2:45 PM Author: dead mewling spot coffee pot (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35626441) |
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Date: January 3rd, 2022 4:30 PM Author: Medicated Rough-skinned Ceo Institution (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#43722590) |
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Date: March 25th, 2022 12:11 AM Author: big public bath idea he suggested lmaooooooo (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#44213410) |
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Date: March 25th, 2022 12:22 AM Author: lavender galvanic friendly grandma (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#44213476) |
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Date: March 17th, 2018 2:44 PM Author: startling really tough guy temple Performed a chemistry. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35626438) |
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Date: March 14th, 2018 3:58 PM Author: navy headpube faggot firefighter tbf all she did was mislead a bunch of retarded rich people to get them to invest (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35604959) |
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Date: March 14th, 2018 4:06 PM Author: Hyperactive Swashbuckling Meetinghouse Water Buffalo What did Shkreli do? (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605023) |
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Date: March 14th, 2018 4:10 PM Author: navy headpube faggot firefighter i thought he jacked up drug prices but i didnt really pay attention to his shit (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605062) |
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Date: March 14th, 2018 4:15 PM Author: harsh boltzmann That is actually not illegal.
However, doing so brings attention to yourself and causes the Feds to scrutinize everything you do and gets them to throw the book at you when they discover your "harmless white collar crime." So instead of a slap on the wrist and small fine he loses his Wu Tang Clan album, loads of cash and gets seven years at Club Fed. |
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Date: March 14th, 2018 4:16 PM Author: navy headpube faggot firefighter it looks like he was actually running a ponzi scheem and shit. ok lmao he deserves to go to jail then (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605138) |
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Date: March 14th, 2018 4:19 PM Author: Balding fishy stage it's wasn't a ponzi scheme - he just lost the money and then used ponzi tactics to cover it up, before he struck it rick and was able to pay them back.
Madoff was all ponzi from the start. |
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Date: March 14th, 2018 5:30 PM Author: Crusty Red Pit (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605773) |
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Date: March 14th, 2018 5:39 PM Author: Boyish gold step-uncle's house Still criminal. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605831) |
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Date: March 14th, 2018 5:42 PM Author: Crusty Red Pit Correct, but Elizabeth Holmes was a fraud from day 1 and solicited almost a billion dollars in investment based on that fraud (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605842) |
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Date: March 14th, 2018 5:43 PM Author: Boyish gold step-uncle's house Nah. Her technology worked for some shit so she thought it worked but then she turned into a criminal. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605856) |
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Date: March 14th, 2018 5:44 PM Author: Crusty Red Pit I think a large portion of their funding was predicated on the stuff she made up (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605862) |
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Date: March 14th, 2018 5:44 PM Author: Boyish gold step-uncle's house The other shoe hasn't dropped yet. The DOJ can still prosecute. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605868) |
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Date: March 14th, 2018 5:45 PM Author: navy headpube faggot firefighter > claimed that Theranos’ products were deployed by the U.S. Department of Defense on the battlefield in Afghanistan and on medevac helicopters and that the company would generate more than $100 million in revenue in 2014. In truth, Theranos’ technology was never deployed by the U.S. Department of Defense and generated a little more than $100,000 in revenue from operations in 2014. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605870) |
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Date: March 14th, 2018 5:46 PM Author: Crusty Red Pit ty brother (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605876) |
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Date: March 15th, 2018 2:04 PM Author: Carnelian crotch point Dats wire fraud. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35611938) |
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Date: March 14th, 2018 4:13 PM Author: fuchsia casino talked a lot of shit to people (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605101) |
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Date: March 14th, 2018 5:31 PM Author: Crusty Red Pit talked shit and got got (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605776) |
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Date: March 14th, 2018 4:14 PM Author: Balding fishy stage misled fewer people and got them to invest a lot less money and paid them all back with a great return. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605114) |
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Date: March 14th, 2018 6:08 PM Author: garnet nudist lodge "great point, what's so bad about that?!" said Bernie Madoff (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35606050) |
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Date: March 14th, 2018 5:43 PM Author: Boyish gold step-uncle's house DOJ hasn't spoken yet. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605851) |
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Date: March 14th, 2018 6:00 PM Author: Bipolar blathering forum But the SEC penalty could just be the beginning, right? Prosecutions, and $M's in lawsuits (if she actually has any money) could still follow? (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35605989) |
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Date: March 14th, 2018 6:02 PM Author: Balding fishy stage Seems like she agreed to the SEC penalty - i would imagine some deal was cut. I would be surprised (pleasantly) if they come down on her hard. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35606005) |
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Date: March 14th, 2018 6:08 PM Author: Bipolar blathering forum Does settling with the SEC really preclude all prosecutions?
And she's already been sued; hope more people sue her.
She's got a really crazed look about her; like she's been professionally made up to hide the crazy and is just barely holding it together for cameras |
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Date: March 17th, 2018 2:50 PM Author: Razzle-dazzle poppy heaven No. Earl is a real estate lawyer. The criminal prosecution is coming and the investigation continues. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35626460) |
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Date: March 14th, 2018 6:07 PM Author: Slate home xo Liz Holmes (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35606040) |
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Date: March 14th, 2018 8:04 PM Author: Hyperactive Swashbuckling Meetinghouse Water Buffalo I hope the Department of Justice comes down hard on this one. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35606897) |
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Date: March 14th, 2018 8:08 PM Author: Violet adventurous sweet tailpipe Because of the crazy psychopathic look in her eyes? (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35606917) |
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Date: March 14th, 2018 8:09 PM Author: Hyperactive Swashbuckling Meetinghouse Water Buffalo I guess. I don't really have a logical justification for my comment. I just have a deeply visceral negative reaction to this Lizzie Holmes character. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35606930) |
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Date: March 14th, 2018 8:11 PM Author: navy headpube faggot firefighter lmao
For instance, Holmes and Balwani told one investor that Theranos' proprietary analyzer could process over 1,000 Current Procedural Terminology ('CPT') codes and that Theranos had developed a technological solution for an additional 300 CPT codes," even though "Theranos' analyzers never performed comprehensive testing or processed 1,000 CPT codes in its clinical lab," and in fact never processed more than 12 tests on its TSPU. 5 And Theranos would even do a little pantomime blood-draw demonstration directly on the investors:
This initial meeting was often followed by a purported demonstration of Theranos' proprietary analyzers, the TSPU, and the miniLab. In several instances, potential investors would be taken by Holmes and Balwani to a different room to view Theranos' desktop computer-like analyzers. A phlebotomist would arrive to draw their blood through fingerstick, using a nanotainer, a Theranos-developed collection device. Then the sample was either inserted into the TSPU or taken away for processing. Based on what they saw, potential investors believed that Theranos had tested their blood on either an earlier-generation TSPU or the miniLab. As Holmes knew, or was reckless in not knowing, however, Theranos often actually tested their blood on third-party analyzers, because Theranos could not conduct all of the tests it offered prospective investors on its proprietary analyzers. |
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Date: March 15th, 2018 2:08 PM Author: Seedy cruel-hearted mexican site A justice is performed. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35611981) |
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Date: March 17th, 2018 2:44 PM Author: startling really tough guy temple TCR. Shitlibbery in our justice system. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35626433) |
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Date: March 17th, 2018 4:22 PM Author: fear-inspiring cobalt range yep, way worse (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#35626897) |
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Date: January 3rd, 2022 4:30 PM Author: Ebony hairraiser school cafeteria gaping (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#43722583) |
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Date: December 31st, 2021 4:06 PM Author: Pungent Chad (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#43706271) |
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Date: December 31st, 2021 4:15 PM Author: shivering obsidian center giraffe She should be going away for 20 years. Anything less is a disgrace to the legal system. She committed a giant public fraud. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#43706309) |
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Date: January 3rd, 2022 4:32 PM Author: Charismatic foreskin chapel women get treated w kid gloves (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#43722600) |
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Date: January 3rd, 2022 4:31 PM Author: sepia liquid oxygen area Shkreli did nothing wrong but make enemies in high places. (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#43722596) |
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Date: January 3rd, 2022 8:07 PM Author: Ebony hairraiser school cafeteria gaping tbf, so did Holmes. but she fucked em out of a billion along the way. Shkreli just thumbed his nose at them (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#43723805) |
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Date: January 3rd, 2022 9:42 PM Author: bearded peach hell partner if you thumb your nose at kiyo matsumoto, 7 years for you (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#43724357) |
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Date: March 25th, 2022 12:07 AM Author: Pungent Chad (http://www.autoadmit.com/thread.php?thread_id=3918632&forum_id=2#44213388) |
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Date: March 25th, 2022 12:18 AM Author: fear-inspiring cobalt range "Until a drug company executive goes to jail, this won’t stop. They simply say, ‘We’re going to kill X many people, injure Y. Of those, only A percent will know, and of those, only B percent will be able to do something about it.’ Factor all this into the price of doing business, including payoffs to the families of the ones they kill, and they’re still making huge profits. Whether someone is actually so diabolical as to put it into those words, or whether it’s just the way things work out, I don’t know. The result is the same." -Crisis of Conscience: Whistleblowing in an Age of Fraud, by Tom Mueller
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Date: March 25th, 2022 12:19 AM Author: fear-inspiring cobalt range Given the level of corruption and human harm he encountered, Jones insists that he had no real choice: he was compelled to blow the whistle, because inaction would have made him an accessory to the crime. In this telling, there is an inevitability to what happened, as if he were the protagonist in a Greek tragedy, walking the path that the Fates had foretold.
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