As long-time readers of this website know, I am fascinated with the story of Elizabeth Holmes and her Silicon Valley start-up, Theranos. In case you don't know the story, here's a brief summary: Holmes' idea was simple enough: design a computerized desktop home medical testing system that could test comprehensively for a wide variety of ailments, all from one tiny drop of blood. Many luminaries and renowned figures quickly lined up to be on Theranos' board of directors: Riley Bechtel and former Secretaries of State George Schultz and Henry Kissinger, General James Mattis (later secretary of Defense), to name just a few. (See Controversial health startup Theranos has barely any medical experts on its board of directors) Ms. Holmes was once the darling Wunderkind of Silicon Valley, making the talk show circuits and so on. The problem was, she had dropped out of college to pursue her dream, and many have questioned whether she had the expertise, or could recognize the expertise and technological competence needed to pull off what she wanted to accomplish.

The rumours grew that her desktop testing system simply did not (and according to some, could not) work, and hence, the suspicions of fraud grew into allegations, and the allegations into an indictment, and the indictment into a trial and guilty verdict, and now, a sentence on Ms. Holmes to eleven years, according to this article spotted and shared by M.W.:

Elizabeth Holmes Sentenced To 11 Years In Prison For Theranos Fraud

The mystery only deepened for me, however, because a little investigation showed that Ms. Holmes was on to something, and that indeed, other companies were pursuing the same idea. In fact, I did a whole series of blogs on the Theranos/Elizabeth Holmes story, because something to this day isn't quite right about it:

When one sums all my blogs together, something is still not right about the Theranos/Holmes story, and that peculiar odor is hovering, not around Holmes, but around everyone else connected with the story. For example, this author and this website were one of the few places that even noticed that the Japanese Toshiba company had taken out a patent for a very similar type of technology to that being pursued by Holmes.  Similarly, this author and this website were one of the few that noticed recent discoveries in medical optics had implications that bore directly on the Theranos story and its pursuit of a new kind of blood testing technology.  In the last article and blog linked above, I pointed out that one of the largest unanswered questions about the whole Theranos story was how Holmes managed to convince the likes of George Schultz or Kissinger or Riley Bechtel or General James Mattis to be on her board. And no, I'm not for a minute buying that it was her "pure charm", attractive looks, or "female wiles" or any of the other non-explanations and non-answers that have hit the media.

In fact, one of the most curious things about the whole Theranos/Holmes story is the utter absence of any interviews with the big name members of her board of directors. There's no one out there asking General Mattis, for example, "General what do you think of the sentencing of Elizabeth Holmes? Can you tell us how and why you first became involved in her company, General? Did she approach you? or did you approach her?  What was your first clue that the whole operation might have been fraud?" and so on.

So now, according to the Zero Hedge article about her sentencing, the sentencing judge has given Ms. Holmes a sentence of 11 years, as a warning to Silicon Valley:

While everyone is fixated on the disgraced founder of FTX, Sam Bankman-Fried, and his collapsed cryptocurrency exchange, another Silicon Valley fraudster, Theranos CEO Elizabeth Holmes, will be sentenced in a federal courthouse Friday, putting an end to the years-long saga of her phony blood-testing startup. 

Holmes' sentencing will take place in a San Jose, California, courtroom where she was convicted earlier this year of three felony counts of wire fraud and one count of conspiracy to commit wire fraud for scamming investors. 

Federal prosecutors wrote in court papers ahead of the sentencing hearing that Holmes' crimes are "among the most substantial white-collar offenses Silicon Valley, or any other district, has seen" (wait until SBF's court case...).

And from the beginning of the article:

The judge ordered Ms. Holmes to surrender on April 27, 2023.

Judge Davila made clear that future deterrence was a big part of his rationale for the sentence.

He called the Theranos fraud “a cautionary tale” for Silicon Valley.

A "cautionary tale" for Silicon Valley? A warning?

Indeed, a cautionary tale and a warning. But what's the message? Don't start fraudulent start-ups? Or rather, be very cautious about taking lots of big names with connections to the military-industrial complex on your board, and make sure you deliver on a technology before the Japanese do? Or where are the fraud investigations of Toshiba?

Bottom line for me: there is still something mightily peculiar about the Theranos story, and I suspect the real fraudsters are never going to be questioned...

See you on the flip side...



Posted in

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".

No Comments

  1. steve-bbb on November 26, 2022 at 3:23 am

    Accident before April ?

  2. eddyminimum on November 25, 2022 at 11:59 pm

    Thank you for the depth of this summary. I’ve not been a member long and was unaware of your perspective on this issue. Now that I am I have to agree; it doesn’t add up. And along the lines of marcus toledo’s comment – maybe the widely enhanced ability to examine a drop of blood is unwanted in the post-vax, medical tyranny era?

    Admittedly, I haven’t yet read all the past posts listed above, and perhaps there is insight there. But the eleven year sentence makes me curious if she in fact may be a person of integrity who refused to let-go/ play-ball/ keep-quiet? Fraud, at that level, is typically rewarded. Eleven years seems pretty hard arm twist.

    • eddyminimum on November 26, 2022 at 12:02 am

      …perhaps there is insight there (regarding her integrity).

    • eddyminimum on November 26, 2022 at 12:49 am

      To elaborate my point, if this technology worked, then what is the full scope of what this technology could rapidly reveal? Like the mysterious post-jab clotting issue. Yet a black box is a black box. If it were narrowly programmed (various cancers) then perhaps it’s allowed?

  3. Brendan on November 25, 2022 at 2:18 am

    Maybe the warning is to “don’t mess with us and make us heavy hitters look foolish with your games” and “let this be a warning to the rest of you who think of doing this also”?

    • anakephalaiosis on November 25, 2022 at 4:31 am

      Placing Ms. Edison in a dark dungeon, will not prevent the lightbulb from happening, rather hasten MacGyver.

  4. Rommel Cromwell on November 24, 2022 at 3:35 pm

    Not often does the convicted get 5 months to piddle around before having to surrender themselves into custody. Therein lies a stench

    • Steve.Jinks on November 25, 2022 at 4:45 pm

      She is pregnant. the delay is because of the prison system.

  5. anakephalaiosis on November 24, 2022 at 6:31 am

    I also have made an invention of my own, a rotating gas hub, that has geopolitical applications.

  6. marcos toledo on November 23, 2022 at 8:03 pm

    THERANOS may be the latest technology suppression commercial supersonic aircraft, commercial atomic reactors, dirigibles, Buckminster’s three-wheeled automobile, and the list of suppressed technology goes on the chemical rocket’s addiction of which the SLS IS A PRIME EXAMPLE along with SpaceX Starliner. Someones wants to drive humanity back to the caves buy is the question.

    • marcos toledo on November 24, 2022 at 12:06 am

      Correction why is the question?

      • anakephalaiosis on November 25, 2022 at 3:24 pm

        The cat is out of the bag, when Elohim-Yahweh is defined as temporal interval & shift, and Man is defined by the compass.

        Then the European wars of religion is definitely over, because papacy is exposed, as totally irrelevant mind fog for slaves.

        It means placing the oilman redeemer into a Scythian context, whose legacy heathens are very well versed in.

        John 1:1 states, that the beginning was logic and reason, and that is what logos – as circumscribed logic – means.

  7. S Klein on November 23, 2022 at 3:01 pm


    You better read “Mitochondriac Manifesto”, R. D. Lee.

    All about light and life.

    On Sofia Smallstorm’s site:

  8. Barbara on November 23, 2022 at 1:40 pm

    Key words in the whole Theranos debacle are: new discoveries in medical optics, and ” phase conjugation “. Diagnosing with light is a one thing, but curing with corrected light frequency is another game changer. If it’s possible?, than entire Big Pharma and Big Med complex are obsolete. Add to that Medicare and other med insurance companies and puff, half of the economy disappears. More so ability to defraud that part of economy, also goes to drains. Ultimately ability to sponsor black tech projects diminishes mightily.
    Hence the warning to all silicon valley, invent but with moderation and supervision.

  9. John Cawley on November 23, 2022 at 1:08 pm

    My speculations drifted in the directions suggested by Robert Barriklow and Anakephalaiosis.

    No way the heavy hitters joined her board for simple personal gain. There was a prime agenda at play.

    One possibility is that the promise of a “low cost” unit was a ploy to attract Wall Street investors. Maybe they never intended it to be purchased by consumers, but the machine was to be highly controlled–only placed in the hands of pharmacies, medical clinics, etc. which are and would be “well behaved.”

    We are aware the PCR test is a pathetic fake. What if this machine were being set up to be an instrument of delivering manipulated diagnoses on a much more comprehensive scale? Then, it could be used to “confirm” a positive “test” for COVID, or for MANY other conditions for which the medical Mafia could push exotic and super expensive treatments, not to mention endless courses of quackseens. In this sense, it also could have been part of the grand scheme to “save” the hospital industry from looming financial collapse.

    Perhaps they feared that it would be too difficult to control the distribution and placement of the machine and that rogue DIYers could acquire a machine and broadcast more truthful data / results.

    On a positive note, I’m pretty sure we’re right on the cusp of seeing startling breakthroughs in medical science, based on treatment with frequencies, using light and sound. However, a wise prayer might be for these to arrive at a time when the vast system of corrupt influence has abated.

  10. Robert Barricklow on November 23, 2022 at 11:31 am

    I wonder how they’ve been able to keep a tight lid on this.
    First off; the technology exists, and has existed when Holmes did the “patent”.
    Now, did the patent change?
    Because the science was there; for the investors knew it.
    Was the coming Covid19(84) related?
    Could the “real” blood test reveal an unwanted results?
    This blood machine may have been; indeed, part of the planscamdemic?

    So “they” need to lock the “real” narrative away/
    Holmes, may know things; thus the stiff sentence.
    So she can’t form any unwanted sentences, that other may pick-up on?

    Did ?they” cut a deal w/Japan?
    You get this, if this happens.

    Yes, there’s something definitely here.
    And if some blood-hound, investigative journalist gets the scent on that blood trail?
    Because they’ll be on his blood trail; PROMIS.
    It would be a blood sport on dangerous consequences. Any James Bonds on the lists?
    In the DIA, or maybe a real private eyes of Holmes caliber?

  11. anakephalaiosis on November 23, 2022 at 7:30 am

    If medical optics can read the genome, then a monopoly has been broken, and those, whose socioeconomics rely on pretending, would feel threatened by a blood test, that could provide means for grassroots, to determine the true identity of their usurious overlords.

  12. Bizantura on November 23, 2022 at 5:32 am

    11 years is a steep price to pay. If she is guilty, many are absent in this stinky affair and should accompany her. Corruption has always existed, but the sheer scale of today is mind boggling!

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