>> On April 21, 2017, the Wall Street Journal reported that an investor had alleged that Theranos Inc. had misled company directors about its practices concerning laboratory testing. According to a lawsuit filed by the investor, Theranos had used a shell company to secretly buy lab equipment to run fake demonstrations with.

The company lied to its own board of directors and investors. I don't think they are the ones who need to be jailed.

  >> *billionaires, former senators and secretaries of state*

Those people are all gone from the board now.