The DC elite has been humiliated after former Theranos founder and CEO Elizabeth Holmes has been found guilty on four counts of fraud and conspiracy.
Holmes was the darling of the Democrats and was praised by then-Vice President Joe Biden.
“This is inspiration,” Biden reportedly said. “It is amazing to me, Elizabeth, what you’ve been able to do. What’s most impressive to me is you’re not only making these lab tests more accessible … empowering people whether they live in the barrio or a mansion, putting them in a position to help take control of their own health.”
The former CEO rose to power and wealth because of the board of directors she put together that were members of the DC elite.
Those members included former U.S. Secretaries of State George Shultz and Henry Kissinger, former U.S. Senate Majority Leader Bill Frist, former Secretary of Defense William Perry, former U.S. Senate Armed Services Committee Chairman Sam Nunn, former Navy admiral Gary Roughead, and former Defense Secretary and four-star general James Mattis.
In a Fortune Magazine interview, Mattis told Roger Parloff that Holmes “has probably one of the most mature and well-honed sense of ethics—personal ethics, managerial ethics, business ethics, medical ethics that I’ve ever heard articulated.”
George Shultz told Parloff, “Everywhere you look with this young lady, there’s a purity of motivation. I mean she really is trying to make the world better, and this is her way of doing it.”
Holmes, who fashioned herself like Apple co-founder Steve Jobs and talked in a fake voice claimed to have developed a technology that could screen patients for hundreds of diseases with just a couple of drops of blood using their “miniLab.”
In reality, their “miniLab” gave patients false/flawed results and the company used altered commercially available blood machines, not its “miracle technology” to get their results.
Everything Biden and the DC elite marveled at was fake and she has now been found guilty.
The jurors convicted Ms. Holmes on the three counts related to the largest investments. These included about $100 million from a family office of former Education Secretary Betsy DeVos; $38 million from PFM Health Sciences LP, a hedge fund that invested $96 million in Theranos and recovered $43 million in a 2016 civil lawsuit against the company; and about $6 million from Daniel Mosley, a former estate lawyer who connected Theranos to his wealthy clients, who invested nearly $380 million dollars into Theranos.
The jury wasn’t fully convinced by testimony from other investors who said they had invested even after Ms. Holmes rebuffed their requests for more information, which defense lawyers said showed negligence on their part.
Ms. Holmes was exonerated on all accounts related to patients. Testimony from the three patients who received what they called false test results was limited, and the role of their healthcare providers in ordering and interpreting their tests may have also tripped up jurors, legal experts say.
The experts the media tells you to trust got duped by a black plastic box, not one of them ever asked or personally examined what was in the “miniLab.”