easyt65
Diamond Member
- Aug 4, 2015
- 90,307
- 61,150
Gee, go figure......
CEO Charged With Multi-Million Dollar Fraud Was an Obama 'Ambassador for Global Entrepreneurship'
"On Wednesday, the SEC settled a lawsuit against Theranos CEO Elizabeth Holmes forcing her to cede control of her company and pay a $500,000 fine in response to charges that she used her position to perpetrate a “massive fraud” scheme. The SEC believes that Holmes ultimately bilked her investors out of more than $700 million in return for faulty medical technology and empty promises to revolutionize the healthcare industry.
In May 2015, Holmes reached the apex of her public legitimacy when the Obama administration promoted Holmes as one of its “Presidential Ambassadors for Global Entrepreneurship”
Later that same year, Holmes was held up as a paragon of business and virtue by the Clintons, who hosted Holmes and Chinese businessman Jack Ma for a long discussion about “The Future of Equality and Opportunity” at its annual meeting in September. (Holmes also helped to host a fundraiser for Hillary Clinton in March 2016, several months after the first allegations of her and her company's dishonest behavior surfaced.)"
CEO Charged With Multi-Million Dollar Fraud Was an Obama 'Ambassador for Global Entrepreneurship'
Much like the story of King Midas, except everything Barry and the Clintons seemed to touch turned into criminal sh!t!
CEO Charged With Multi-Million Dollar Fraud Was an Obama 'Ambassador for Global Entrepreneurship'
"On Wednesday, the SEC settled a lawsuit against Theranos CEO Elizabeth Holmes forcing her to cede control of her company and pay a $500,000 fine in response to charges that she used her position to perpetrate a “massive fraud” scheme. The SEC believes that Holmes ultimately bilked her investors out of more than $700 million in return for faulty medical technology and empty promises to revolutionize the healthcare industry.
In May 2015, Holmes reached the apex of her public legitimacy when the Obama administration promoted Holmes as one of its “Presidential Ambassadors for Global Entrepreneurship”
Later that same year, Holmes was held up as a paragon of business and virtue by the Clintons, who hosted Holmes and Chinese businessman Jack Ma for a long discussion about “The Future of Equality and Opportunity” at its annual meeting in September. (Holmes also helped to host a fundraiser for Hillary Clinton in March 2016, several months after the first allegations of her and her company's dishonest behavior surfaced.)"
CEO Charged With Multi-Million Dollar Fraud Was an Obama 'Ambassador for Global Entrepreneurship'
Much like the story of King Midas, except everything Barry and the Clintons seemed to touch turned into criminal sh!t!