Gary roughead theranos fraud

  • Holmes is charged with eleven counts of wire fraud and conspiracy to commit wire fraud Gary Roughead (Admiral, USN, retired); Jim Mattis .
  • Former US chief of naval operations Gary Roughead Roughead was a member of Theranos' board of directors.
  • The documents are based on the depositions of two former board directors; retired U.S. Navy Admiral Gary Roughead and former U.S. Secretary of.

    • •

    Theranos founder Elizabeth Holmes' fraud trial is now underway. Here are some of the big players listed as potential witnesses in the case.

    Read in app

    This story is available exclusively to Business Insider subscribers. Become an Insider and start reading an account? .

    • Elizabeth Holmes' highly anticipated fraud trial is underway, with opening statements due today.
    • The list of possible witnesses for the Theranos founder's trial includes more than people.
    • Among them are Rupert Murdoch, Henry Kissinger, James Mattis, Riley Bechtel, and Holmes herself. 

    In its heyday, Theranos' network of investors, board members, and other affiliates was a who's who of federal government officials, billionaire investors, and former CEOs. Now, with its founder Elizabeth Holmes on trial for fraud, many of these high-profile figures could take the stand as witnesses.

    The list of potential witnesses for the case spans more than names, including former senators, employees-turn

    •

    Special ACFCS Contributor Op-Ed: Lessons from Theranos – Culture, board responsibility and accountability: When Will We Learn?

    Not surprisingly, detractors criticized the board for consisting “mainly of directors with diplomatic or military backgrounds,” according to online reports.

    In January the Theranos board of directors had shrunk considerably, at that time including Holmes, Foege, Bonanni and Daniel Warmenhoven, former NetApp CEO, replacing Riley Bechtel.

    One key Achilles Heel of the board is that it lacked top experts in the medical community to utmaning the assertions of the company and its technology and only one individ potentially with a deep knowledge of anti-money laundering (AML), fraud and corruption compliance programs – Kovacevich, the former head at Wells.

    While non-bank corporates don’t have to worry about formal AML programs, they still have to worry about fraud, corruption, sanctions breaches and a host of medical, audit and regula

    •

    How Elizabeth Holmes convinced powerful men like Henry Kissinger, James Mattis, and George Shultz to sit on the board of Theranos

    • Theranos once had a board that included military leaders and former secretaries of state. 
    • In , director Alex Gibney spoke with reporters behind the first major stories on Theranos. 
    • The reporters spoke with board members, who explained why they backed founder Elizabeth Holmes. 

    Theranos founder Elizabeth Holmes had a knack for getting powerful people on her side. 

    Garnering attention from politicians and celebrities, Holmes created a blood-testing company over the course of a little more than a decade that was worth $9 billion on its promise to test for a number of conditions using just a small sample of blood.

    Nowhere was her draw more apparent than in the board she had assembled by  

    At that point, the company was flying high: In July , the Food and Drug Administration approved one of the company's blood tests, le

  • gary roughead theranos fraud