Disgraced Theranos boss Elizabeth Holmes tries to keep luxury CEO lifestyle out of upcoming trial dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.
CEO Holmes also accused of funding extravagant lifestyle through fraud Share
Failed blood-testing unicorn Theranos trashed vital incriminating evidence of its fraud, prosecutors said on Monday.
The imploded startup s extensive testing data over three years, including its accuracy and failure rate, was “stored on a specially-developed SQL database called the Laboratory Information System (LIS),” according to a filing [PDF] in the fraud case against Theranos s one-time CEO Elizabeth Holmes and COO Sunny Balwani.
The database “even flagged blood test results that might require immediate medical attention, and communicated this to the patient’s physician,” we re told.
Theranos claimed to have perfected technology that would allow industry standard blood tests to be run at great speed and with just a drop of blood, revolutionizing the health industry, and causing the business to be valued at $10bn.