PHOENIX- This week on It’s a Scam, Chloe Mar, Adam Waltz and Jeff Blackburn discuss the rise and fall of Elizabeth Holmes and her company Theranos.
Elizabeth Holmes ditched her college career at Stanford to found Theranos, a health technology company. Her goal? Revolutionize the blood testing industry. Turns out, her goal was too revolutionary and not achievable.
Still, Holmes tricked investors, companies patients and more into supporting her revolutionary product even though it didn’t exist. Your scam squad breaks down this story with a few surprising facts you’ve probably never heard.
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