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Theranos: The Blood Test That Couldn't Test Blood - Part 3: The Machinery of Deception
Season 2
Episode 3
Published 1 month, 2 weeks ago
Description
What if the miracle machine in the pharmacy wasn’t testing your blood at all? Imagine trusting a technology so deeply that you never ask what’s happening backstage.This is where the lie becomes a system—and the fraud turns operational. Once Theranos moved from promise to production, the deception needed paperwork, routing decisions, and a constant curation of what outsiders were allowed to see. According to the Securities and Exchange Commission complaint and later criminal trial evidence, the company claimed its proprietary devices were running a wide range of tests, while in reality, many samples were analyzed using standard Siemens machines or sent out to third-party labs.Learn more at: https://thefraudarchive.com/fraud/theranos-elizabeth-holmes
The Fraud Archive is part of The Archive Network by Jonkai Ventures, a collection of podcasts dedicated to exploring history's greatest cons, scams, and financial crimes.
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