Theranos Founder Charged With Wire Fraud, Conspiracy

PALO ALTO (CNN) — Theranos founder Elizabeth Holmes has been indicted on federal wire fraud charges, the office of the United States Attorney for the Northern District of California announced Friday.
Holmes and former Theranos COO and president Ramesh “Sunny” Balwani allegedly engaged in a multimillion-dollar scheme to defraud investors, as well as a scheme to defraud doctors and patients, according to a release from the US Attorney’s office.
Holmes and Balwani are charge