Townhall.com Reports: 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.
According to the original SEC lawsuit, Holmes systematically deceived investors in a variety of ways. Often, she would make fantastical claims that her engineers had developed revolutionary new technologies and machines, including a “miniLab” blood analyzer that would use one tiny finger prick sample to “perform approximately 90 percent of the tests that a large, traditional central lab could perform.” 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” (PAGE). The official Obama White House YouTube channel even produced a short video with her.
Finally something has happened to an Obama official, as Obama's former ambassador to Global Entrepreneurship has been forced to cede control of her company and has been charged 500,000 dollars by the SEC over a $700 million dollar fraud scheme. Now you can bet this money is involved in the $100 billion Obama/Clinton crime cabal, as we now know via an ex CIA official. Also this week Joe Biden in 2013 sold out America for $1 billion to a Chinese bank, so it looks like we are slowly finding out where the $100 billion worth of Clinton/Obama crime cabal money is located...But we still have about ninety-eight percent of it left to discover. This is bad news for the American Left as the last two days the Obama/Clinton cabal dirty money is being discovered. Funny thing is this former head of Obama's Global Entrepreneurship outlet is also connected to the Clinton Foundation.
According to the original SEC lawsuit, Holmes systematically deceived investors in a variety of ways. Often, she would make fantastical claims that her engineers had developed revolutionary new technologies and machines, including a “miniLab” blood analyzer that would use one tiny finger prick sample to “perform approximately 90 percent of the tests that a large, traditional central lab could perform.” 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” (PAGE). The official Obama White House YouTube channel even produced a short video with her.
Finally something has happened to an Obama official, as Obama's former ambassador to Global Entrepreneurship has been forced to cede control of her company and has been charged 500,000 dollars by the SEC over a $700 million dollar fraud scheme. Now you can bet this money is involved in the $100 billion Obama/Clinton crime cabal, as we now know via an ex CIA official. Also this week Joe Biden in 2013 sold out America for $1 billion to a Chinese bank, so it looks like we are slowly finding out where the $100 billion worth of Clinton/Obama crime cabal money is located...But we still have about ninety-eight percent of it left to discover. This is bad news for the American Left as the last two days the Obama/Clinton cabal dirty money is being discovered. Funny thing is this former head of Obama's Global Entrepreneurship outlet is also connected to the Clinton Foundation.