THERANOS CASE SHOWS HOW COMPANIES AND EXECUTIVES ARE EASILY DUPED AND FAIL TO CONDUCT PROPER DUE DILIGENCE
September 1st, 2021
A fraud case now underway at San Jose, California, has seen prosecutors allege senior business executives were duped by a young wunderkind in medical technology – Elizabeth Holmes. But lessons can be learned here - straightforward due diligence may have saved victims a lot of money – Keith Nuthall reports.
Whether a jury convicts Elizabeth Holmes, 37, the former CEO of medical test tech company Theranos, of the two counts of conspiracy to commit wire fraud and nine counts of wire fraud facing her remains to be seen, but the prosecution case alleges ...
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