- cross-posted to:
- news@lemmy.world
- technology@lemmit.online
- cross-posted to:
- news@lemmy.world
- technology@lemmit.online
Elizabeth Holmes barred from federal health programs for 90 years::The former Theranos CEO is barred from receiving payments from federal health program.
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For anyone having trouble remembering her like me, this is the woman that ran the scam blood testing company with “super-duper awesome blood testing machines,” that actually never worked and they just did standard blood tests at huge markups (read: committed fraud).
she also did that goofy fake deep voice for some reason
She read that women with deeper voices get taken more seriously by people around them and can be seen here messing it up.
seen
In the end, that may be what she’s remembered most for
Our silly monkey brains interpret deeper voices as being more authoritative.
It’s likely she was taking advantage of that human quirk to make her seem, on a subconscious level, like a better businessperson.
The reason is she got taken more seriously with a deeper voice
The goofy thing is that it worked on the boomers.
No, the reason is she did it because she read/heard that it would make others take her more seriously. That’s not the same as what you said.
Well, at least she hoped she would be
There is a tv show that I think is based on her in one of the streaming platforms. It features an actress posing the same way and using a low voice.
I forgot what it’s called but I downloaded and watched the whole show.
Only 90 years huh.
Good it wasn’t “for life”!
11 years in prison first though. Wonder what she will do when she gets out.
Right back to a new scam I bet.
Right you are, Fred
Can’t believe they are letting her do it again in 90 years
Guess she better get working on a life extension technology that actually works.
Not sure she was interested in going back in the federal healthcare industry anyway…
I dunno, it worked once it could work again…
This is the best summary I could come up with:
At the time, Holmes claimed to have developed proprietary technology that could perform hundreds of medical tests using just a small drop of blood from a finger prick.
The remarkable claim helped her drive the company’s valuation to a stunning $9 billion in 2014, and set up lucrative partnerships.
In today’s announcement, the health department noted that the statutory minimum on exclusions for convictions like Holmes’ is just five years.
But other factors are considered when determining the term, including how long the fraud took place, the length of the prison sentence, and the amount of restitution ordered.
“As technology evolves, so do our efforts to safeguard the health and safety of patients, and HHS-OIG will continue to use its exclusion authority to protect the public from bad actors.”
HHS-OIG also excluded former Theranos President Ramesh Balwani from federal health programs for 90 years.
The original article contains 365 words, the summary contains 144 words. Saved 61%. I’m a bot and I’m open source!
