The Biggest IT Scammer in History: The Rise and Fall of Elizabeth Holmes and Theranos
Elizabeth Holmes, founder of Theranos, orchestrated one of the biggest scams in the IT sector, misleading investors and the public with false claims about revolutionary blood-testing technology. Her company, once valued at $9 billion, was built on deception, leading to significant financial losses and a high-profile trial. Holmes’s fall from grace highlights the dangers of unchecked ambition and the importance of due diligence in the tech industry.