The Dropout Review: The Downfall of Elizabeth Holmes

On January 3, 2022, entrepreneur Elizabeth Holmes was found guilty of four out of eleven charges in an American court. She was formerly the Chief Executive Officer of Theranos, a company that claimed to revolutionize blood testing by utilizing a single fingerprick to examine blood. This led to Holmes topping a Forbes list of the wealthiest self-made women in the United States, or until the truth rose to the surface. Holmes was involved in an elaborate fraud scheme where she was purposely misleading investors and the government to receive funding. The four charges mentioned previously were all for wire fraud and lying to investors about the company’s technology. Holmes now faces the potential of spending twenty years in prison.

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