How did holmes keep the charade. · as the theranos scandal reached trial, commentators said it was remarkable how tightly holmes clung to her original story, and people who knew her said they doubt she has changed. But theranos blocked scientists from publishing papers on their tech anyway. Holmes listened to ideas, like finding scientists to defend them. · investigations revealed the truth behind the sham, uncovering the utilization of dangerous health practices and misleading data, but the big question remains: With no science defense, holmes went back to her. (holmes lost an appeal of the case this february. ) · with company founder elizabeth holmes now in prison after losing a bid to remain free while she appeals her convictions and eleven-year sentence, we reveal everything you need to know about the theranos controversy. · federal appeals court upholds elizabeth holmes s fraud convictions and $452m restitution order for theranos investors. Holmes was charged with 11 counts of fraud, and the company shut down in 2018. · theranos , inc. , medical diagnostic company founded in 2003 by stanford university dropout and entrepreneur elizabeth holmes that was later revealed to have falsified its data and inflated its claims. Read on for the full story to date and what is set to unravel next. The façade unraveled after investigative reporting by the wall street journal and other publications, leading holmes and her partner ramesh “sunny” balwani to be convicted of criminal fraud in 2018, sentenced to more than 11 years in prison.