5 ms·
> She was a fraud and misled everyone in a big way: investors, patients, etc… ONLY guilty of defrauding investors - not guilty of defrauding patients. "Holmes
by shapefrog 4y ago
> She was a fraud and misled everyone in a big way: investors, patients, etc…
ONLY guilty of defrauding investors - not guilty of defrauding patients.
"Holmes was acquitted on three charges relating to patients who received inaccurate test results but found guilty on four charges, including one count of conspiracy to defraud investors and three counts of wire fraud against investors."
Which makes me wonder - if your product is not defrauding customers, then how is it that you are defrauding investors ...
- bnjms 4y ago> Which makes me wonder - if your product is not defrauding customers, then how is it that you are defrauding investors ... I believe a distinction is being made where Theranos the company is understood to have defrauded customers but it cannot be proven that Holmes directly defrauded all customers. Where it can be proven that she directly defrauded investors given she was aware of the fraud against customers.