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LAS VEGAS — Anna Delvey. The Tinder Swindler. Elizabeth Holmes. Scams are increasingly in the news these days and for good reason; they are on the rise and may be potentially impacting the students on your campus. [ABSTRACT FROM AUTHOR]

The article profiles the top 50 richest self-made women in the U.S. These include Elizabeth Holmes, founder of the blood testing firm Theranos, Diane Hendricks, owner and chairman of the wholesale distributor ABC Supply, and Doris Fisher, cofounder of the retail chain the Gap. The estimated net worth, age, and residence of each woman is presented.

The article focuses on the billionaires who were added to the "Forbes" magazine 400 wealthiest Americans list in 2013, which includes Jon Yarbrough, Elizabeth Holmes, and John Kapoor. Topics include their net worth, how they became billionaires, and their asset holdings. Quotes from the billionaires are also provided.

The article discusses Theranos, a high-complexity laboratory-based company that offers 200 of the most common blood diagnostic tests without using a syringe. Topics include its creation by Elizabeth Holmes, the benefits of Theranos’s technology, which uses only microscopic amounts of blood, the company’s low prices in comparison to competitors, plans to establish labs services in thousands of U.S. drugstores, and members of the Theranos’s board of directors.

Charlie Brooker's Black Mirror episode "Joan Is Awful" predicted the rise of AI and its impact on Hollywood. The episode follows a businesswoman named Joan who discovers that her life is being streamed on a Netflix-like platform, with her every movement being played out in a 24-hour delay. The episode became a lightning rod during the 2023 WGA strike and actors' strike, as it touched on themes central to the labor dispute. Brooker drew inspiration from ideas such as deepfakes, the rights signed away in terms and conditions, and the use of photorealistic imagery as propaganda. The episode's release coincided with the emergence of ChatGPT, a popular AI conversation model. Brooker hopes that the episode helped raise awareness and entertain viewers about the issues surrounding AI. [Extracted from the article]

The article presents an update on celebrities, politicians and executives as of September 27, 2021 including the death of television actor Michael K. Williams on September 6 at the age of 54, decision to quarantine Russian President Vladimir Putin on September 14, and beginning of the trial of former Theranos founder and chief executive officer Elizabeth Holmes on felony charges of wire fraud and conspiracy to commit wire fraud.

The article discusses the businesswoman Elizabeth Holmes, founder of failed blood-testing startup company Thearanos. Particular focus s given to how the company deceived investors and the public regarding what they were able to deliver to users. Other topics including Holmes' Siberian husky Balto and the 2019 television documentaries on Holmes, including "The Inventor" and "Bad Blood."

Elizabeth Holmes promised a revolution in blood testing protocols by building innovative technology and process efficiencies in an industry ripe for disruption. Along with Ramesh Balwani, she recruited investors under the guise of these promises and raked in millions of dollars in addition to lucrative private partnerships to bring her vision for the company, Theranos, to fruition. Behind the scenes, the enforcement of strict codes of secrecy left many in the scientific community skeptical of such claims as the company chose to abandon standard procedures including peer review. Additionally, the company initially employed a "board of advisors" versus a board of directors, with many of the members sourced from previously held positions of power in business and the military. Members of the news press soon joined in on the skepticism, and the company began to implode in 2014. Two key whistleblowers emerged, one of which had a familial relationship with a key Theranos backer and member of the advisory board. Lawsuits from investors followed and applicable regulatory authorities began investigations. Inquiries by three separate government bodies resulted in charges of conspiracy and several counts of wire fraud levied on both Ms. Holmes and Mr. Balwani in addition to suspension of the company's licensure. The Theranos saga reads as an ethical tragedy that had an opportunity to be anything but. [ABSTRACT FROM AUTHOR]

The awful tale of tech guru Elizabeth Holmes makes riveting viewing, finds Douglas Heaven [ABSTRACT FROM AUTHOR]

Forbes recently released its annual 30 Under 30 list, which celebrates young achievers, but also acknowledged some regrettable choices it has made in the past. Alongside the list, Forbes unveiled a "Hall of Shame" that highlights individuals who were previously featured on the 30 Under 30 list but later faced legal troubles. The list includes Sam Bankman-Fried, who was convicted of criminal fraud and conspiracy, Martin Shkreli, who served prison time for stock manipulation, and Charlie Javice, who was accused of defrauding JPMorgan Chase. Forbes has also faced criticism for featuring individuals like Elizabeth Holmes and Changpeng Zhao, who were later implicated in fraud cases. [Extracted from the article]

Trevor Milton, the founder of Nikola Corp., has requested to avoid prison time after being convicted of lying to investors about the company's prospects. Milton's lawyers argue that he made misstatements due to his belief in the company and did not intend to deceive shareholders. They claim that Milton is a decent and hardworking person who was motivated by his optimism and emotional connection to the company. His lawyers also argue that comparing him to Elizabeth Holmes, the founder of Theranos, is inappropriate, as Nikola is a real company with real products. Milton faces up to 20 years in prison and will have a hearing on November 28th. [Extracted from the article]

Patients who underwent Theranos' fraudulent blood tests at the startup's Walgreens outposts are finally getting refunds from the drugstore chain. [ABSTRACT FROM AUTHOR]

Theranos, Inc., a private health care and life science company founded by Elizabeth Holmes in 2003 and operated by Holmes, claimed that Theranos had developed a technology for collecting and analyzing critical blood tests, using only a tiny drop of blood from the patient's finger, and running it through the company's Sample Processing Unit known as a miniLab or Analyzer. In other instances, Holmes and Balwani presented financial models by which Theranos would generate $1 billion in revenue by 2015, while in fact, it would roughly generate modest hundreds of thousands. [Extracted from the article]

It's not clear why Holmes' release date was changed and the fraudster is now due to be released at the end of 2032. [ABSTRACT FROM AUTHOR]

Read More: Holmes Says US Wrong to Suggest She Marry Partner to Pay Debts Her lawyers asked Davila on Monday to reject the correction proposed by prosecutors, saying the court had "substantial evidence showing Ms. Holmes' limited financial resources and has appropriately treated Ms. Holmes and Mr. Balwani differently in sentencing." Like her former boyfriend, Ramesh "Sunny" Balwani, who served as president of Theranos and is now serving a 13-year sentence, Holmes has said she can't afford to pay the nine-figure sum demanded by the US. (Bloomberg) -- Elizabeth Holmes has "limited financial resources" and should not have to pay $250 a month in restitution once she's released from prison, lawyers for the Theranos Inc. founder told a judge. [Extracted from the article]

The article discusses the potential damage and losses that companies and professionals could face for breaching ethical principles and standards by citing the case of Elizabeth Holmes and her company Theranos, Inc. Holmes was convicted of conspiracy and wire fraud charges in January 2022 for allegedly defrauding investors of the company. Also cited are the whistleblowing efforts of former Theranos officials Henry Mosley and Tyler Shultz.

This section offers news briefs concerning business and politics as May 29, 2023 on topics including the imprisonment of Theranos founder Elizabeth Holmes for fraud, the May 2023 U.S. unemployment rate, and the 2023 Spanish Grand Prix Formula One race to be held in Spain.

NBA Finals The Miami Heat defeated the Boston Celtics 103-84 and will face the Denver Nuggets in the NBA Finals. The Heat are only the second No. 8 seed to have ever reached the NBA finals, according to media reports. [Extracted from the article]

(Bloomberg) -- Walgreens Boots Alliance Inc. reached a tentative settlement with consumers who received Theranos Inc. blood tests in Arizona and California and claimed that the drugstore giant was "willfully blind" to fraud at the blood-testing startup. Elizabeth Holmes, the founder and former chief executive officer of Theranos, was convicted of fraud last year and sentenced to 11 1/4 years in prison. [Extracted from the article]

NBA Draft The San Antonio Spurs won the 2023 NBA draft lottery and will get the No. 1 pick, ESPN reported. Holmes and her former second-in-command Ramesh "Sunny" Balwani were jointly ordered by a lower court to pay $452 million in restitution to investors. [Extracted from the article]

Read More: Elizabeth Holmes Judge Proposes Texas Prison, Family Visits Holmes had won a brief pause delaying the start of her prison term while the appeals court considered her request. (Bloomberg) -- Elizabeth Holmes lost her final request to remain free on bail while she appeals her fraud conviction. [Extracted from the article]

The former Theranos CEO was convicted on four counts of defrauding investors last year. [ABSTRACT FROM AUTHOR]

A separate court ruling ordered Holmes and her former deputy Ramesh Balwani to pay $452 million in restitution to investors who were defrauded by their actions. [ABSTRACT FROM AUTHOR]

The US Court of Appeals in San Francisco on Tuesday denied the Theranos Inc. founder's request for bail pending the appeal. (Bloomberg) -- Elizabeth Holmes failed to persuade an appeals court to allow her to remain out of jail while an appeal of her fraud conviction is considered. [Extracted from the article]

(Bloomberg) -- Elizabeth Holmes won a brief reprieve from reporting to prison as a court weighs her long-shot bid to remain free on bail while she appeals her fraud conviction. Theranos President Ramesh "Sunny" Balwani was granted the same automatic pause ahead of his prison surrender date, but the appeals court ultimately turned down his request for bail while he challenges his conviction. [Extracted from the article]

From financial ruin to jail time, here are the other big billionaire downfalls that compete with Sam Bankman-Fried's $17 billion FTX collapse. [ABSTRACT FROM AUTHOR]

(Bloomberg) -- Elizabeth Holmes must report to prison as scheduled on April 27, a judge ruled, rejecting her request to remain free on bail as she appeals her fraud conviction. The decision Monday by US District Judge Edward Davila in San Jose, California, is likely his last in the case which he's handled since Holmes was indicted in 2018. [Extracted from the article]

(Bloomberg) -- Elizabeth Holmes must report to prison as scheduled later this month, a judge ruled, rejecting her request to remain free on bail as she appeals her fraud conviction. At a hearing last month, Davila was most interested in an argument prosecutors made that there's a risk Holmes might try to flee, based on a one-way plane ticket to Mexico that was purchased while she was on trial. [Extracted from the article]

Producers of the show knew or should have known that at the real-life trial Rosendorff was a "heroic whistle-blower, a witness who was instrumental in the jury's verdict convicting Holmes", according to the suit. Elizabeth Holmes Trial Witness Says Hulu Defamed Him in "The Dropout" Months after the trial, Rosendorff tried to visit Holmes at her home, an unusual development that her lawyers seized on, ultimately unsuccessfully, in a bid to undo the jury verdict. [Extracted from the article]