Clinton Donor and Obama Ambassador Indicted on $10 Billion Fraud

Clinton Donor Charged

Everything looked so promising for Elizabeth Holmes. At age 19 she dropped out of the prestigious Stanford University to start her own company, Theranos.

Her goal was odd for a nineteen-year-old – revolutionizing the diagnostics industry (blood testing). Holmes raised hundreds of millions of dollars over the course of her business career, initially setting out to create a technology that could run comprehensive blood tests from a single prick of blood. In sum, that would render traditional blood testing inefficient and pointless. Based on that promise, investors handed her cash by the truckload, at one point pushing the companies implied valuation above $10 billion.

Due to her perceived accomplishments, former President Obama would name her a Presidential Ambassador for Global Entrepreneurship.

Everything seemed perfect. There was just one problem: it was all one big fraud. Not only did Theranos’ blood testing machine not have the ability to do what they claimed it did, any blood tests the company did provide were done with existing technology from other companies, not their device.

In a single day, on June 1st, 2016, Forbes Magazine revised Holmes’ net worth from $4.5 billion to zero. And now two years later, she’s finally facing some consequences for creating the largest corporate fraud since Enron, but it’s the kind of slap on the wrist you’d expect a member of the Clinton family to receive.

And speaking of the Clintons, she was politically connected with the Left. She’s participated in Clinton Foundation events, including one where she accompanied Bill Clinton on stage for a panel discussion.

In March of 2016, she held a fundraiser for Hillary’s presidential campaign. The event included a conversation with Chelsea Clinton, and the option to pay $2,700 get to go to a “host reception” with Chelsea. The fundraiser took place at Theranos’ headquarters, with the cheapest option to attend (“student”) costing $100. Most paid $500 or $1,000. (RELATED: BUSTED: Top Clinton Donor Caught Violating Federal Law AGAIN!).

For all the media coverage the implosion of Theranos is rightly attracting, none have mentioned her politics. Do you think that would be the same if she had raised money for Trump? Of course not.

30 thoughts on “Clinton Donor and Obama Ambassador Indicted on $10 Billion Fraud”

  1. Everybody associated with the Clinton’s are hardened criminals . The problem is Sessions has said he refuses to prosecute anybody that has served government so he’s A OK with mass corruption.

    1. Oh, I am believing their lives will be carried on somewhat like the game Monopoly, only when they pass “Go” they will not go directly to Jail; their destination will be extremely warmer, don’t you think !

  2. Just read and watched Slick-Willies illigitimate Black son ( Williams) wants Slick to have a DNA test to prove that Bill Clinton is his father, and Chelsea is his sister. He does resemble Slick, kinda like Chelsea resembles Webb Hubble.

    1. While I was growing up I was led to believe that the Latin countries and most of Europe was very corrupt. Now, I’m grown and have learned that my country is the most corrupt of all. The FBI can no longer be trusted with our safety, or to uphold the law. They have now entered into the election process and are having influence on who is elected to the Presidency of the United States. Our congress is the most corrupt of any congress that has been seated in DC. Where do we go from here ? Trump is our salvation, let him do his job !!!

  3. Just another Clintonesque Corrupt CROOK who gets a pass because Obama, the Clintons and the left-toon libtards who support these conniving VERMIN love her. They don’t care HOW she got the money, as long as donates a substantial portion of to their campaigns!

  4. I cannot wait till Donald Trump our President wins with a landslide in 2020.
    The opposition-ers wake up every morning and search for anything .. any crumb to use to discredit the best president we have had since Reagan
    And we may yet say even better!!!
    I hope he sticks to his guns (no pun intenended) with all that he does. IT will only continue to gain him approval.

    1. I am hoping for 4 or 5 more Conservative Supreme Court Justices and many, many more truly Conservative District, Circuit, and Appellate Judge appointments. That will make Trumps awesome legacy a living legacy.

  5. If our government doesn’t prosecute all these criminals, we have lost America. A very sad day. Why aren’t they arresting these people, including the Clintons? i don’t understand it.

    1. Every member of Congress, who isn’t openly calling for the prosecution of all those involved in the illegal conspiracy to undermine Trump, both before and after the election, should be voted out of office.

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