Elizabeth Holmes's billion-dollar business failure is one of the most unbelievable fraud stories in recent years. The disgraced Theranos founder managed to deceive investors and scientists by overselling the capabilities of her blood-testing system, which she claimed could diagnose tens of diseases with a pinprick's worth of blood. An investigation by the Securities and Exchange Commission and an exposé from The Wall Street Journal revealed the device never worked and uncovered the web of lies Holmes weaved to keep investors in the dark, which ultimately led to her business's demise. However, one whistle-blower got the ball rolling in bringing Holmes's house of cards crashing down: Tyler Shultz. Here's what to know about the former Theranos employee and what he's up to now.
Shultz is among those affected by the Theranos scheme. He's the grandson of former Secretary of State George Shultz, a member of Theranos's board of directors. Tyler Shultz became familiar with the company while he was a student at Stanford University, which also happened to be Holmes's alma mater. A biology major, Shultz was immediately drawn to Holmes's business idea, which she claimed would revolutionize the healthcare industry and the lives of millions across the United States. Shultz would intern at Theranos his junior year and later become a full-time employee.
According to The Wall Street Journal, while working at the company, Shultz was part of the assay validation team,...
NC said Thursday it has filed a criminal complaint against the operator of the YouTube channel "Yeonglaegi" on charges of spreading false information and obstructing business operations related to...