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Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings

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Re: Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings

#91
post #87

I will keep repeating that: The fact that Elizabeth house is not FBI raided and she is not in jail without ability to talk to co-conspirators just show how you can run your scam enterprise by simply having the right people on your board.

Agreed, it's bullshit like this that makes it VERY clear that the law only applies to the poor and non-influential.

How do you expect to have folks listen to you if you have no money and no influence? :)

Just the law of nature ... :)

Re: Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings

#92
post #87

I will keep repeating that: The fact that Elizabeth house is not FBI raided and she is not in jail without ability to talk to co-conspirators just show how you can run your scam enterprise by simply having the right people on your board.

Agreed, it's bullshit like this that makes it VERY clear that the law only applies to the poor and non-influential.

I go even further - the fact that nowodays nobody cares how obvious your statement is, makes it even more frightening especially in the "free" country that should be run by law and order.

Re: Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings

#95

Companies like this are a good reason to end limited liability for corporations. Corporations arent people, and the people behind them escape with golden parachutes.

The shareholders and investors can go after the executives for fraud. They're not protected in this case.

Re: Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings

#96

This explains to some extent why investors might have given the company that valuation of 9 billion. If the company faked demos and portrayed results obtained on non Theranos tech as Theranos tech results, most investors can't be blamed for believing the tech worked and it was only a matter of time before all tests could be performed by the tech. What is baffling to me is unless the data was doctored why didn't any o…

> why didn't any one of the medical consultants or partners bring this up sooner? Outside of direct "I physically see this patient", people can forget they work in medicine where their answers can mean life or death decisions. In that situation people end up not wanting to bite the hand that feeds. When you have automated stuff that has high throughput with little or no human interaction, you seriously limit the oppo…

Any chance those physicians will be facing investigations?

Re: Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings

#97

This explains to some extent why investors might have given the company that valuation of 9 billion. If the company faked demos and portrayed results obtained on non Theranos tech as Theranos tech results, most investors can't be blamed for believing the tech worked and it was only a matter of time before all tests could be performed by the tech. What is baffling to me is unless the data was doctored why didn't any o…

> I'm sure whistleblower protections would have been provided to anyone working there with this knowledge who chose to make it public.

From the Vanity Fair piece which brought a lot of this house of cards into the public light, it's mentioned that the teams were hyper-segmented and the secrecy even pervaded the organization. Nobody really knew what anyone else was working on.

Re: Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings

#98
post #43

Earlier quoted context omitted.

I didn't - what happened?

They called and threatened his mother. Private investigators followed him. He had $400,000 in legal fees from the layers they hired to harass him.

If ever there was a clear cut case of barratry this is it. Too bad it would take an act of God to get the state prosecutors to enforce that law.

Re: Theranos Secretly Bought Outside Lab Gear, Ran Fake Tests: Court Filings

#99

One thing to research, and to keep in mind when considering "journalism", is that the media in the US is deeply penetrated by government agents at all levels. Research Project Mockingbird. Research Agent Bob Woodward's past.

That this story is a US journalistic article is probably not enough to make this an on-topic comment. Please comment substantively like we've asked.

https://news.ycombinator.com/newsguidelines.html

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