Episode 21: A Drop of Trust: The Legal Case Behind Theranos.
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Theranos promised a revolution in blood testing: hundreds of lab results from a single drop of blood.
The idea made Elizabeth Holmes one of Silicon Valley’s most celebrated founders and brought Theranos machines into Walgreens pharmacies across the country.
But behind the promise, the technology wasn’t working.
In this episode of Justice Seekers, Natalie and Katrina break down the Theranos scandal through the lens of criminal fraud law. Why did so many sophisticated investors believe? What happens legally when a company claims a product works when it doesn’t? And why did prosecutors focus on investor fraud instead of patient harm?
Because fraud cases rarely look dramatic in real time. They look like emails, meetings, pitch decks—and small decisions that slowly compound.
By the time the law steps in, the trust has already been broken.
Mixed & Edited by Next Day Podcast
info@nextdaypodcast.com