Elizabeth Holmes And Theranos Charged With 'Massive Fraud' By SEC.

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    • Abstract:
      The article reports on the massive fraud charged by the U.S. Securities and Exchange Commmission (SEC) against Theranos Inc. CEO and founder Elizabeth Holmes and its former president Ramesh "Sunny" Balwani. It mentions that Balwani and Holmes has raised $700 million for their company between 2013 and 2015 under false pretenses as they made it appear that Ttheranos has successfully developed a blood-testing device.