Self-Made Billionaire Elizabeth Holmes Charged with Fraud by SEC

by Katie HerzogElizabeth Holmes was once valued at $4.5 billion. Kimberly White/Getty
Former business wunderkind Elizabeth Holmes was once called the "the next Steve Jobs." Today, she was charged with conducting a massive fraud by the Securities and Exchange Commission.Holmes became famous for the company she founded, Theranos, which promised to revolutionize the blood testing process by using a portable blood testing machine to analyze tiny amounts of blood using simple finger pricks. The much-