Newstarget.com Fraudster Elizabeth Holmes — who was once featured on the cover of Fortune Magazine and celebrated as the next Steve Jobs — scammed hundreds of millions of dollars from wealthy investors (mostly older men who were easily hypnotized by a younger woman) to create a company called Theranos.
Theranos promised to miniaturize hundreds of clinical blood tests, claiming to be able to run all these tests from a single drop of blood, using an automated machine that would sit in your home for daily use.
The marketing of this machine — dubbed the Edison — imagined people donating a drop of blood each day in their own homes. The machine would run hundreds of lab tests on your blood, then upload the results to the Theranos cloud where “biomarkers” would be compared with other results to produce diagnostic information about your health condition and risks of disease. READ MORE…