Theranos employees 'destroyed crucial blood test database that proved their product was a fraud' | Daily Mail Online Jan 12, 2021 Theranos, the blood-testing start-up that promised to revolutionize health care only to collapse after its hyped product turned out to be a dud, destroyed incriminating evidence proving that it engaged in fraud, prosecutors allege. Federal authorities also allege the company’s star CEO Elizabeth Holmes, 36, and her former lover and COO, Ramesh ‘Sunny’ Balwani, 56, used funds from investors to subsidize an extravagant lifestyle while peddling a fraudulent product. Prosecutors submitted a filing to federal court in San Francisco on Monday alleging that Theranos executives destroyed data that proved their blood-testing product was inaccurate. Knowingly misleading investors by providing false data is a federal crime. The company knew about its inaccurate testing data that was collected over a period of three years, according to The Register. ____________ Case 5:18-cr-00258-EJD Document 682 Filed 01/11/21 Page 1 of 16 Monday's document is available at the newslink above.