Elizabeth Holmes and the Theranos Hoax: A 21st Century Ponzi Scheme

If something seems too good to be true, it probably is. (American Proverb)   Some years ago, we wrote a commentary about Charles Ponzi, who has gone down in the history of finance as the father of the Ponzi Scheme. In 1920, Ponzi, an Italian immigrant whose base of operation was 27 School Street in … Continue reading Elizabeth Holmes and the Theranos Hoax: A 21st Century Ponzi Scheme