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ryoder

The Whistleblower that took down Theranos

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I've long known that Theranos bizarrely stocked it's board with politicians and military people, instead of people who knew something about medicine. But I did not know that the employee who first blew the whistle on their fraud was the grandson of board member George Schultz!

In order to get around the paywall, I must give you this Google search.
Click on the first link: https://www.google.com/search?q=Theranos+Whistleblower+Shook+the+Company%E2%80%94And+His+Family&oq=Theranos+Whistleblower+Shook+the+Company%E2%80%94And+His+Family&aqs=chrome..69i57j69i60l2.1124j0j4&sourceid=chrome&ie=UTF-8

"Fraud is not a trade secret. I refuse to allow bullying, intimidation and threat of legal action to take away my First Amendment right to speak out against wrongdoing."
-- Tyler Schultz
"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones.

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https://www.usatoday.com/story/tech/2018/03/14/theranos-founder-elizabeth-holmes-charged-massive-fraud/424670002/

Theranos founder Elizabeth Holmes was charged with "massive fraud" by the Securities and Exchange Commission on Wednesday, a downbeat coda to a once high-flying Silicon Valley start-up that promised to revolutionize the blood analysis process.

The SEC complaint charged that Theranos raised more than $700 million from late 2013 to 2015 while "deceiving investors by making it appear as if Theranos had successfully developed a commercially-ready portable blood analyzer" that could perform a full range of laboratory tests from a small sample of blood.
...
Gen. James Mattis, who then led the U.S. Central Command, personally pushed Holmes' tech to be used although military regulators flagged issues with Theranos before the notion took wing. Mattis later joined Theranos' board but resigned from that position when he become U.S. Defense secretary in 2016.

"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones.

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