'The next Steve Jobs' charged with 'massive fraud'

Stanford University dropout Elizabeth Holmes was once anointed "the next Steve Jobs."

Sadly for the now disgraced (and soon to be former) CEO of Theranos, her "one more thing" just so happens to be getting hit with charges of "massive fraud" by the Securities and Exchange Commission.

SEE ALSO: Theranos lays off another 155 people in wake of scandal

In a Wednesday press release, the SEC announced a series of charges against Holmes, Theranos, and the company's former President Ramesh Balwani, alleging they had been running a "years-long fraud in which they exaggerated or made false statements about the company’s technology, business, and financial performance." Read more...

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