..

Hmm

dominique:
How come she was given only 20 years in jail while the ponzi schemer Bernie Madoff was given over 100 years? Her crime was greater imo. Not only did she swindle investors, she also endangered lives as well. She should have been sentenced to at least 50 years in prison

Women are given special treatment in the law. In fact, just accuse a man of rape without any evidence to back up your claim and the man would land in jail.

.why jail her?
.she should be given more time to work on her idea jhur

I wish they fit catch that MMM guy like this too

Shai!

killercute16:
The biggest thieves wear suit and carry no weapons

Like Atiku

Nbote:
How she was able to pull off dis scale of fraud with d public eye on her still baffles me.. She was using bottom power jare.. Becos it's obviously only bottom power dan can make a man not use his brain well

Wallahi, me too was thinking. So any lady would just walk in, approach an investor and claim to have a machine that could achieve such incredible feat and without testing, re-resting, re-re-testing and verification you just drop billions of dollars!!!! Habaaaa, we no stupid Nah!! My brother there is more to the story jare!!!

Money is a stranger...........

lol. What a smart girl she was

TechCapon:
she collected the money from them on one condition that she'll not tell them how the technology works. That's exactly what Steve Jobs was doing when he was alive. That's the beauty of technology. You have control over your investors

These conditions are good sha.

Ogaga87:
I wish they fit catch that MMM guy like this too

Shai!

Which of them ?...…

Mavrodi?.... Shebi den talk say hin don die?....

Nah how much you plant for MMM?...

TechCapon:
the woman tried but failed. 20 years in prison is not child's play

Do you know what you're talking about? The prison she'll be sentenced to is way different from the prison you watch in the movies.. It won't be a maximum security prison, no fence, no armed guards, etc. That's the type of prison they sentence all those fortune 500 C.E.O's to.

I would like hear from her first.

For reputable investors to stake money means there were initial successes.

Maybe she stepped on the wrong toes and powerful forces brought her to her knees

Never underestimate western media when they want to pull you down at all cost

Techcapon didn't carry out the investigation, he just reported what he saw from the media

seunH:

Wallahi, me too was thinking. So any lady would just walk in, approach an investor and claim to have a machine that could achieve such incredible feat and without testing, re-resting, re-re-testing and verification you just drop billions of dollars!!!! Habaaaa, we no stupid Nah!! My brother there is more to the story jare!!!

Lexusgs430:


Which of them ?...…

Mavrodi?.... Shebi den talk say hin don die?....

Nah how much you plant for MMM?...

before God who created me, I didn't plant a dime in it but was pained with the way gullible Naijas fell for him..

Somebody coming to tell me he is rendering help by pairing me and my gateman unknowingly.. Madness

Dmpaul:
Wow.
And the self-acclaimed almighty americans were deceived by her.
How will you invest in a company without a proper background investigation?
No wonder they fall easily to yahoo boys.

As if Nigerians are not scammed.

Go read about the story yourself. It is not as straightforward as what was summarized here. It is not as if the product was fake but rather she overhyped most of the results as most business people tend to.

From grace to grass
It's sad

Ogaga87:



before God who created me, I didn't plant a dime in it but what was pained with the way gullible Naijas fell for him..

Somebody coming to tell me he is rendering help by pairing me and my gateman unknowingly.. Madness

MMM schemes still happening on Telegram app nah ....


We never learn ...

dominique:
How come she was given only 20 years in jail while the ponzi schemer Bernie Madoff was given over 100 years? Her crime was greater imo. Not only did she swindle investors, she also endangered lives as well. She should have been sentenced to at least 50 years in prison

She has not been sentenced. She has not even been arrested.

What a man can do a woman can over do

She was a terrible liar, lied about theranos from day one.

Endangered people's lives with her unfounded claims and was vitriolic in attacking skeptical observers who questioned her.

sacked and replaced workers who raised eyebrows and one very important researcher committed suicide because of theranos' duplicity.
Hope she gets the jail time she deserves

ITbomb:
I would like hear from her first.

For reputable investors to stake money means there were initial successes.

Maybe she stepped on the wrong toes and powerful forced brought her to her knees

Never underestimate western media when they want to pull you down at all cost

Techcapon didn't carry out the investigation, he just reported what he saw from the media

Better!!!! If not, fear for catch me

Dmpaul:
Wow.
And the self-acclaimed almighty americans were deceived by her.
How will you invest in a company without a proper background investigation?
No wonder they fall easily to yahoo boys.

It was a startup
When u invest in startups, background check can't save u. U need due diligence

TechCapon:
the woman tried but failed. 20 years in prison is not child's play

So for 20years this fine lady won't have fun. Human beings are wicked. How can We deny this pretty qwash for twenty years. She will turn a virgin and can't give birth at the long run. Wicked people

if this happens in Nigeria, she has made it for life.
our security and judiciary would only take their shares.

this is how we are been duped in Nigeria. they tell you buy this share, but that share..........
I remember Aims Asset Management

Virtually all multimillion businesses involve fraud. From banking to insurance to oil and gas etc. If you evaluate all they do U will realise the inherent fraud in them.

killercute16:
The biggest thieves wear suit and carry no weapons

They wear agbada and tell lies

Martinez19:
Don't mind him, Nigerians think too highly of themselves. Many even think that we can't be depressed. Many of them think that success is their birthright such that when they don't achieve it, it's their village people against them.

Wisely said.

Dmpaul:
Wow.
And the self-acclaimed almighty americans were deceived by her.
How will you invest in a company without a proper background investigation?
No wonder they fall easily to yahoo boys.

not to forget, the American enforcement agencies get them bursted

Patiently waiting for the movie

TechCapon:
TechCapon



She crashed from a net worth of $4.5 billion to $0. The sad story of Elizabeth Holmes, female tech billionaire who went from grace to grass. Now she faces 20 years in prison.

The name Elizabeth Holmes might not really ring a bell especially to those outside the United States. But trust me, she was almost as popular and influential as Steve Jobs. Everyone called her the “female Steve Jobs” and she began wearing black turtleneck sweaters just like Steve Jobs. She succeeded in pulling off the biggest fraud ever in the history of Silicon Valley. A crime that would have given her the death penalty if she were in China. Let’s look at how this promising young “visionary” tech billionaire made it to the top until it all came crashing down.



Elizabeth Holmes was a school dropout at Stanford University. Before that, she had come up with a great idea that would change medical tests forever. Her idea was simple, a small machine that can run many blood tests with just a drop of blood and do it much cheaper than the normal cost. With a single drop of blood, she said she could detect medical conditions such as cancer and so on. She was so convinced that her idea would succeed that she had to drop out of Stanford University and start her company. At just 19 years old, she launched her company called Theranos, a company that would change the world of medical science. She was always driving around with bodyguards and expensive black Audi cars.



ELIZABETH HOLMES



Then she began to source for funds from influential billionaires such as Larry Ellison, founder of Oracle, Rupert Murdoch, and many others. She raised billions of dollars by convincing them that she has the technology to make it work. They all gave her lots and lots of money. Elizabeth Holmes began to attract lots of attention from the media. Forbes estimated her net worth to be over $4.5 billion, making her the richest self-made female billionaire in America. Her company Theranos was worth over $9 billion. She was named one of the most influential women in the world by Fortune magazine. She even employed her boyfriend and made him the president of the company and second in command.

I don't get it .. she had all the money ,, she could have researched more to get the machine
Money is the only thing needed to get a technology ...

She did an excellent job selling her fairytales and fantasies.
I knew Holmes was a scam. And she is not the only one into the decieving game, there are hundreds of sham startups in silicon valley that are getting seed funds from big blind investors. We see them always on Kickstarter app, they are all liars and dreamer.

Passionate888:
Do you know what you're talking about? The prison she'll be sentenced to is way different from the prison you watch in the movies.. It won't be a maximum security prison, no fence, no armed guards, etc. That's the type of prison they sentence all those fortune 500 C.E.O's to.

she committed fraud to the tune of billions of dollars. In China she would face death penalty and firing squad. She will be sentenced as a fraudster and jailed in a maximum prison. You need to read about the FBI. If FBI charge you for a crime, they'll make sure you face the maximum penalty.