They’re going to jail

So devastating that the database was subpoenaed by a grand jury digging into fraud claims against Holmes and Balwani. But when investigators turned to take a copy of the database, guess what?

From the filing: “On or about August 31, 2018 – three months after a federal grand jury issued a subpoena requesting a working copy of this database – the LIS was destroyed. The government has never been provided with the complete records contained in the LIS, nor been given the tools, which were available within the database, to search for such critical evidence as all Theranos blood tests with validation errors. The data disappeared.”

Definitely, jail.

13 thoughts on “They’re going to jail”

  1. There aren’t, assuming you’re thinking about current events. TPTB want the PCR to be overcounting cases (though false positive is less of an issue now that ‘rona is common again). Because then they can come back in the spring or summer and say “look, we totally overestimated the “case” numbers, hence it really is a mass killer, and we ain’t got herd immunity. And that is a ready-made excuse for “therefore we need to lock everyone down for another year”.

    Wait and watch.

  2. I thought destroying evidence was par for the course in USian states.
    Ditto for shredding ballots that are supposed to be kept forn2 years etc etc.
    File under: Its different when we do it by the left everywhere.

  3. How much evidence do you need that Theranos was a totally fraudulent company that just generated random numbers? They should be worried about the millions of potential assault charges for taking samples with no intention to actually analyse them properly. The blood volumes they claimed to be working with stank to high heaven. A junior lab tech could have sussed something was up.

    It just goes to show how gullible people in the medical establishment can be. Or that no one in the medical establishment did any due diligence on them for the investors/regulators. Oh look, it’s 2021, what’s happening … …

  4. I have a suspicion that AWS and cloud service outfits will have a clause that they will destroy your data if you don’t comply to their T&Cs. Somewhere in the million page agreement. How would that work out?
    Anyone know?

  5. @philip You keep a properly tested backup and archive somewhere else, preferably on actual owned iron.

    Of course, because doing so tends to expand your data useage quite a bit, so it’s one of the first things the beancounters axe..

    And Theranos never intended to keep proper backups, and certainly never intended to have anything that could be used by third parties against them.

  6. “A junior lab tech could have sussed something was up.”

    Yes but they had Mad Dog Mattis on the board, so totally above suspicion.

    LOL.

  7. the board
    George Shultz, former US secretary of state
    Gary Roughead, a retired US Navy admiral
    William Perry, former US secretary of defense
    Sam Nunn, a former US senator
    James Mattis, a retired US Marine Corps general who went on to serve as President Donald Trump’s secretary of defense
    Richard Kovacevich, the former CEO of Wells Fargo
    Henry Kissinger, former US secretary of state
    William Frist, a heart and lung transplant surgeon and former US senator
    William H. Foege, former director of the Centers for Disease Control and Prevention
    Riley P. Bechtel, chairman of the board of the Bechtel Group Inc. at the time.

  8. @Flubber, I remember reading some article where a junior lab tech was interviewed about the company. They knew it was dodgy, but they carried on working because they wanted the money. They didn’t report the company to the authorities though.

  9. The ‘junior lab technician’ who did, in fact, ‘suss that something was up’ was one Tyler Schulz, grandson of the aforementioned George Schulz, former US Secretary of State and board member at Theranos.

    Such were Holmes and Balwani’s powers of persuasion that they were able to convince Schulz Senior that Schulz Junior was wrong, even to the extent of allowing Theranos to go ahead and sue Schulz Junior for allegedly revealing the extent of Theranos’s deception to a reporter. That takes some force of personality to achieve. Of course, it didn’t hurt that Holmes hit every single PC and ‘woke’ button and was a complete darling of the Democratic party.

    John Carreyrou’s book ‘Bad Blood’ tells the entire tale.

    llater,

    llamas

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