During the third month of the fraud trial of Elizabeth Holmes, the founder of the blood testing start-up Theranos, Judge Edward J. Davila, who is presiding, called the proceedings “a […]
Frauds and Swindling
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Back to news homeJury in Elizabeth Holmes Trial Ends Fourth Day of Deliberations
SAN JOSE, Calif. — Jurors ended a fourth day of deliberations without a verdict on Monday in the fraud trial of Elizabeth Holmes, the founder of the failed blood testing […]
Elizabeth Holmes Trial Nears Finish as Closing Arguments End
On Thursday, Jeff Schenk, an assistant U.S. attorney and one of the lead prosecutors, summarized the government’s case simply: When Theranos was almost out of money, Ms. Holmes could have […]
Prosecutors Push Elizabeth Holmes of Theranos to Take Responsibility
SAN JOSE, Calif. — For four days, Elizabeth Holmes took the stand to blame others for the alleged fraud at her blood testing start-up, Theranos. On the fifth day, prosecutors […]
Elizabeth Holmes Begins Her Defense in Fraud Trial
SAN JOSE, Calif. — For the past 11 weeks, prosecutors revealed emails from desperate investors. They held up falsified documents side by side with the originals. They called dozens of […]
Elizabeth Holmes Trial Exposes Investors’ Lack of Due Diligence
SAN JOSE, Calif. — In 2014, Dan Mosley, a lawyer and power broker among wealthy families, asked the entrepreneur Elizabeth Holmes for audited financial statements of Theranos, her blood testing […]
Inside the Courtroom With Theranos’s Elizabeth Holmes
SAN JOSE, Calif. — Three days a week, Adriana Kratzmann, an administrator, opens the door at 8:30 a.m. to Courtroom 4 of the Robert F. Peckham Federal Building and U.S. […]
China Detains Top HNA Group Executives
Evergrande’s fate and what its failure could mean for China’s economy have divided some of the world’s best-known investors. The billionaire investor George Soros recently argued that an Evergrande collapse […]
$10 Billion in Student Loan Debt Erased Under Biden, but Calls Grow for More
Finally, on Tuesday, an email arrived saying she had receive a 100 percent discharge.“I cried,” said Ms. King, who hopes she can now afford computer classes at her local community […]
Tips for Victims of Unemployment Benefit Fraud
In some cases, people have received debit cards in the mail from a different state, but with their own names on it. In those cases, it’s possible something went awry […]