Theranos Founder Holmes, Ex-President Indicted On Federal Fraud Charges

(June 18, 2018, 1:35 PM EDT) -- SAN JOSE, Calif. — Theranos Inc. Founder Elizabeth A. Holmes and former company chief operating officer Ramesh “Sunny” Balwani were arraigned June 15 on federal criminal charges of conspiracy to commit wire fraud against investors, doctors and patients doing business with the medical device company (United States v. Elizabeth A. Holmes, et al., No. 18-cr-258, N.D. Calif.)....

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