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Thursday, 28 October 2021

Claim: Theranos's Elizabeth Holmes duped Betsy DeVos out of $100m

Elizabeth Holmes, the founder of blood-testing startup Theranos, is on trial charged with fraud related to the company's collapse. But here's something to like about her: she allegedly screwed Trump education secretary Betsy DeVos out of $100m along the way.

Former Education Secretary Betsy DeVos was given false and misleading information before investing $100 million into Theranos, whose founder and former CEO is on trial for allegedly defrauding investors and patients about the company's blood-testing technology, a representative for the DeVos family office said.

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