They charged Ms Holmes, 34 and Mr Balwani, 53, with wire fraud.<\/p>\n

Theranos earlier on Friday said its general counsel David Taylor had been named chief executive. At the time, it said Ms Holmes would remain on the board of the company.<\/p>\n","protected":false},"excerpt":{"rendered":"

The founder of a US start-up that promised to revolutionise blood testing has been hit with criminal charges. US prosecutors said Theranos founder Elizabeth Holmes engaged in a multi-million dollar scheme to defraud investors, doctors and patients. The charges\u00a0come three months after Ms Holmes settled charges from financial regulators that she lied about the capabilities […]<\/p>\n","protected":false},"author":1,"featured_media":797,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,4,6,9,10,20],"tags":[],"class_list":["post-824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-2","category-business-of-sport","category-companies","category-entrepreneurship","category-global-trade","category-market-data","category-technology-of-business"],"_links":{"self":[{"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/posts\/824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/comments?post=824"}],"version-history":[{"count":0,"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/posts\/824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/media\/797"}],"wp:attachment":[{"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/media?parent=824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/categories?post=824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/frenify.com\/work\/envato\/frenify\/plugin\/elementor\/1\/wp-json\/wp\/v2\/tags?post=824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}