https://www.cnet.com/news/us-charges-theranos-founder-elizabeth-holmes-with-criminal-fraud/ > Elizabeth Holmes is no longer running Theranos, the company that promised a portable blood analyzer that could have changed blood testing, if it had been what the company promised. > That's what a brief press release from the company announced -- moments before a Department of Justice press release revealed even bigger news: Holmes and former Theranos President Ramesh Balwani are now being charged with criminal wire fraud.