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With jail looming, is Theranos fraudster Elizabeth Holmes sorry?
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The headline on the New York Times interview with the one-time darling of Silicon Valley, now convicted fraudster, said it all: “Liz Holmes Wants You to Forget About Elizabeth.”
Writer Amy Chozick met Elizabeth Holmes, the former media darling, in San Diego where she now lives. Gone is the uniform of black polonecks, driven ambition, the austere manner and weirdly deep voice – done to ape her hero Steve Jobs – instead “Liz” presented as a thirtysomething, cool west coast mom of two, hanging out, going to the zoo, talking about her dog and Burning Man.
But the convicted Theranos founder is awaiting prison – she has been sentenced to 11 years having been found guilty of defrauding investors out of more than $100 million in her blood-testing start-up. She was set to go to prison in April but she has appealed.
Her invention at age 19 when she dropped out of Stanford – a blood test from a finger prick that could diagnose hundreds of conditions including cancers – never came close to working despite her many promises, and the millions of dollars investors poured into the company.
Since the interview was published – Holmes’ first in seven years – it has sparked controversy with sceptics on social media suggesting that the New York Times fell for the fraudster’s new image, that it facilitated her carefully planned rehabilitation effort. Not so, Chozick tells In the News, who explains how the interview came about, and that rehabilitation was far from the former tech whizz kid’s mind as she faces jail time. Presented by Bernice Harrison. Produced by John Casey.
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