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Theranos News Gets Worse for the Former Silicon Valley Hero

Indictments in latest Theranos news are a warning to technology startups – and labs

CEO SUMMARY: In a tale of two fraudsters, the Department of Justice has filed a warning shot to all technology startups: Criminal indictments against Elizabeth Holmes and Ramesh “Sunny” Balwani could mean prison time and massive fines. In this latest Theranos news, The DOJ cited harm to investors, doctors and patients by the two company …

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