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A comment on Theranos, CEO Holmes, and Former President Balwani Charged with Fraud. Parent comment

Re:Theranos, CEO Holmes, and Former President Balwani Charge... by psergeant on Wednesday March 14, 2018 @10:31PM (#16590057)
Also, regarding the Shrekli case, didn’t everyone end up financially better off than they started?
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Re:Theranos, CEO Holmes, and Former President Balwani Charge... by hyperbovine on Wednesday March 14, 2018 @10:59PM (#16590154)
Umm, the money had to come from somewhere.
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Re:Theranos, CEO Holmes, and Former President Balwani Charge... by aplummer on Wednesday March 14, 2018 @11:32PM (#16590244)
Nah they did. He lost their money on stocks, lied about the state of their investments then paid them all a healthy return from his drug ventures with them none the wiser.
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Re:Theranos, CEO Holmes, and Former President Balwani Charge... by L_Rahman on Thursday March 15, 2018 @01:59AM (#16590710)
It came from the pockets of insurers and individuals who couldn't afford insurance at all when he jacked up the prices of essential drugs.

That wasn't illegal at all though :)

Just that he lied to his investors about the source of the returns.

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Re:Theranos, CEO Holmes, and Former President Balwani Charge... by gowld on Thursday March 15, 2018 @06:06AM (#16591536)
People who can't afford insurance can't afford retail price either, and get discounts.
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