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As far as I followed the story, there was basically double bookkeeping in the technology department. Like the fact that they used classic technology while prete

As far as I followed the story, there was basically double bookkeeping in the technology department. Like the fact that they used classic technology while pretending the results came from their own new tech. There are lies, and there are illegal lies. If you go to the IRS and put in writing a different number, you go to jail. If you go to the bank and get a loan, but you use photoshop to prove your colateral is worth 1 million, you'll also go to jail, albeit the process will take longer. Here I expect the process to take longer still, but for this degree of lying, jail is definitely on the table.

jacquesm 10y ago
> As far as I followed the story, there was basically double bookkeeping in the technology department. Like the fact that they used classic technology while pretending the results came from their own new tech. This is why I suspect that nobody of the DD team ever went to the lab to have an actual sample (or preferably several of them) tested in their own presence. Which in this case would seem to be the minimum level required for satisfaction given the radical departure from the standard of the time. Given that Theranos claimed their tech was too secret to share or be peer reviewed anybody that lost money (theirs or others) should look in the mirror for the cause.