Big Fraud Trial in a Very Small World

Big Fraud Trial in a Very Small World

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The transcript discusses the DeVos family's investment in Theranos, a biotech startup led by Elizabeth Holmes. The family invested nearly $100 million after meeting with Holmes and Ramesh Balwani. Lisa Peterson testified that Holmes targeted wealthy families for investment, claiming their devices could detect diseases with a finger prick. However, the devices did not work as promised.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did Ramesh Sunny Balwani have in Theranos?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the outcome of the devices that Theranos claimed would work?

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