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The most notorious corporate scammers in U.S. history

Cheapism Logo By Mia Taylor of Cheapism | Slide 2 of 14: In the mid-2010s, Elizabeth Holmes was one of the fastest-rising stars in Silicon Valley, with a net worth of $5 billion and the title of the youngest woman billionaire in the entire world. By 2018, her net worth was zero, and she was under investigation for fraud. Theranos, the company she started when she was just 19, promised to revolutionize the way patients are diagnosed and treated through a new type of blood test. Those tests, however, proved to be wildly inaccurate, and investigative journalism soon revealed a massive web of fraud. She was just convicted on four counts of defrauding investors, and could face up to 20 years in prison. Related: Worst Scams of the Past Decade

Elizabeth Holmes

In the mid-2010s, Elizabeth Holmes was one of the fastest-rising stars in Silicon Valley, with a net worth of $5 billion and the title of the youngest woman billionaire in the entire world. By 2018, her net worth was zero, and she was under investigation for fraud. Theranos, the company she started when she was just 19, promised to revolutionize the way patients are diagnosed and treated through a new type of blood test. Those tests, however, proved to be wildly inaccurate, and investigative journalism soon revealed a massive web of fraud. She was just convicted on four counts of defrauding investors, and could face up to 20 years in prison. 

Related: Worst Scams of the Past Decade

© Justin Sullivan/Getty Images

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