Theranos Fraudster's Partner Launches His Own Blood-Testing Startup (thedailybeast.com) 13
"The romantic partner of Theranos fraudster Elizabeth Holmes has launched a start-up that sounds eerily similar to the venture that landed his girlfriend behind bars," writes The Daily Beast.
He's incorporated "Haemanthus" in Delaware a year and a half ago (though the company operates out of his neighborhood in Austin), according to the New York Times. Haemanthus appears to have around 10 employees.
From The Daily Beast: California hotel heir Billy Evans' new company is a blood-testing firm that markets itself as "the future of diagnostics," offering "a radically new approach to health testing," according to The New York Times. In other words, exactly what Theranos said it would do. Holmes is even advising the start-up from the Texas prison where she is serving out an 11-year prison sentence for fraud, sources told NPR... Evans has managed to raise nearly $20 million in funds from both friends and established investors in Austin and San Francisco, according to the investor materials.
The Times reports that Evan's company "plans to begin with testing pets for diseases before progressing to humans, according to two investors pitched on the company."
And TechCrunch reminds readers that Elizabeth Holmes said in a recent interview "that she remains 'completely committed to my dream of making affordable healthcare solutions available to everyone.'"
He's incorporated "Haemanthus" in Delaware a year and a half ago (though the company operates out of his neighborhood in Austin), according to the New York Times. Haemanthus appears to have around 10 employees.
From The Daily Beast: California hotel heir Billy Evans' new company is a blood-testing firm that markets itself as "the future of diagnostics," offering "a radically new approach to health testing," according to The New York Times. In other words, exactly what Theranos said it would do. Holmes is even advising the start-up from the Texas prison where she is serving out an 11-year prison sentence for fraud, sources told NPR... Evans has managed to raise nearly $20 million in funds from both friends and established investors in Austin and San Francisco, according to the investor materials.
The Times reports that Evan's company "plans to begin with testing pets for diseases before progressing to humans, according to two investors pitched on the company."
And TechCrunch reminds readers that Elizabeth Holmes said in a recent interview "that she remains 'completely committed to my dream of making affordable healthcare solutions available to everyone.'"
“Investors” (Score:3)
Sure are a lot of stupid people with money these days.
Re: (Score:2)
The truly stupid are those, who vote against taxing those "investors" enough and for greenspaning them with even more government-printed free money instead.
I think he'll do okay (Score:2)
The key to these kind of scams is to make sure they don't get so big that you attract the attention of the 1% and then if you do you need to make sure that the 1% understand that it's a scam so that they don't lose any money. As long as you protect those
Re: (Score:1)
At this point the super wealthy know to avoid getting scammed by him and he's probably smart enough not to scam them anyway.
At this point with all the gutting of the control function of the government that's going on, and with at least 3.5 years more of it on the horizon, it is the best time to try and sell to "investors" as many fakes and scams as possible.
Just a timely business opportunity (Score:2, Informative)
Re: (Score:2)
I'm reminded of a post [slashdot.org] I read earlier today:
When I hear the word "grift", I know everything about the posters politics and the angle they are coming from.
They've managed to convince people that the concept of scamming - the very words used to describe it - are myths. I guess that's the only place left to retreat to, mentally, when you realize all your heroes are lying to you. The pain must be so deep that merely reading about a grift gets them triggered.
But ... think of the children (Score:2)
Theranos Fraudster's Partner Launches His Own Blood-Testing Startup
What will happen to Billy's and Elizabeth's 2 kids once their *both* in prison?
Re: (Score:1)
s/their/they're/
(sigh)
street cons (Score:2)
When you get kicked out of one spot you move to another.
Classic street con, Follow the Queen. She is playing 3 Card Monte IRL. You think that you know the Queen is in the jail cell. Yet everything turns up Jacks.
PRISONS are RONERY (Score:1)
Justice (something that has nothing to do with the US Department of Vengeance) take a while.
It took a decade to bring down Prenda Raw not Craw.
And now this joker who's dating a moron Steve Jobs sychophant voice alterning investor ripoff convicted criminal... ...wants to do the same thing.
Can't he just save investor and the State money and report to Prison?
"Hi, I'm the father of Eliabeth 'Criminal' Holmes and I want to make a NEW Theranos. I found the business plan encrpyted on her Windows BitLocker thingie