November 21, 2022 • 31 mins
Hiya, friend,
Thank you for joining me for Running Scared with Coach Christine.
If you are a runner and a true crime enthusiast, you have found your corner of the internet, friend!
Elizabeth Holmes captured and captivated investors and politicians and was seen as a visionary who would revolutionize the medical world. Well, friend, if it sounds too good to be true, it's likely because it is.
This true crime case is the Runner's Digest of the con job that could have potentially caused inappropriate treatment, severe illnesses, and death. So don't get swayed into thinking that just because this is a "white collar" crime, it was victimless. Elizabeth had many victims, and how many we likely will never fully know.
Want to learn more? Check out ABC News podcast, The Dropout, or check out the HBO Documentary Film The Inventor: Out for Blood in Silicon Valley
if you are looking for the companion book, you can find Bad Blood: Secrets and Lies in a Silicon Valley Startup, which was written by The Wall Street Journal, journalist, John Carreyrou that broke the story. This is also a quick reminder to support independent and investigative journalism as they act as important checks and balances to folks in places of great power.
We will be using RPE found here >>
Today's workout is a 30-minute Light Tempo Run is structured:
5- minute warm-up
5-minute Conversation Pace (RPE 3-4)
4-minute Tempo or Sentence Pace (RPE 5-6)
1-minute walk
5-minute Conversation Pace (RPE 3-4)
4-minute Tempo or Sentence Pace (RPE 5-6)
1-minute walk
5-minute cool-down
Oh, and want to see what her handwritten daily affirmations, schedule, and food log looked like? Check it out here>>
This story will continue to be interesting because while she was sentenced to over 11 years in prison, I highly doubt she will be made to serve it out entirely. I doubt this is the last we hear of Elizabeth Holmes.
I'd love to hear feedback from you, or if you have a case/story you would like featured, please fill out this short form here >>.
And, if you haven't yet joined, please know that we have our corner of the internet of runners and walkers who love true crime here >>
If you have any questions about running or want to chat about True Crime, please email me at christine@runwinefinishlines.com.
Please consult a physician before starting any new exercise routine.
Thank you for joining!
Summary KW: Elizabeth Holmes, Edison
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Christine Hetzel (00:01):
Hello friends, welcome to running scared. I'm
Coach Christine, I'm a level twoRCA and a run, walk, run it
certified coach. And if youenjoy true crime with a side of
running or you're at leastwilling to get least up for a
walk or getting a good workoutsession, then welcome you have
found your corner of theinternet. And we are likely
going to be besties. We'll talka lot a little bit more about
(00:23):
that when we get into our actualcase. So friends, let's not
waste any of your precious time.
Let's get you starting on a nicetall, walking warm up in three,
two. And one. If you're catchingthis episode right here, right
before the holidays, I want towish you a very happy holiday
season very happy Thanksgiving.
I know that time is a veryfinite and precious. So we're
(00:44):
going to take this a little bitshorter for our workout today,
we're just going to get in 30minutes. But if you need to tag
in some other episodes, I haveplenty in the library for you to
hit on up and queue up afteryou're done here. Or I'll also
be giving you a lot ofsuggestions on today's mistress
of murder and mayhem on someother deep dives because we're
(01:06):
going to do a runner's digest ofthis particular case. But before
I get too further into that,let's talk about today's workout
and how to make sure that youare tacking this warmup, so that
you're nice, strong and readyfor what's to come. So first and
foremost, I know you're rollingthrough her nice and tall,
you're staying relaxed, you'restaying light, you're engaging
(01:27):
your core. And because you are atrue crime junkie, I know that
if you're rolling through hereoutdoors, getting in your run or
your walk, that you aredefinitely aware and mindful of
your surroundings. And it's soimportant that someone that you
love, no interest knows exactlywhere you're at, or at least
what time to expect you backhome. Now if you're rolling
(01:50):
through here on a treadmill,make sure to bring that up to a
1% on the incline and make it alittle bit more if you're
feeling feisty or sassy. Butthat 1% helps to minimize the
impact on your joints, alsohelps to mimic the outdoors. And
I know this time of year, a lotof folks are definitely having
to hit up and utilize thosetreadmills, it's okay my
friends, we will see warmer daysagain, you'll be able to get
(02:10):
outdoors. But for now, just begrateful that you have a
treadmill at your disposal. Orif you're willing through
hearing your elliptical,stepper, just make sure again
that you're engaged your core,you're staying nice and tall and
you're not hanging over thatdisplay or putting your body
weight on any of those armhandles, we want to really be
active in our workout. Today,once we're done here with this
(02:31):
warm up, we're gonna go in totwo segments friends, where
we're just gonna go right oninto a five minute conversation
pace on that RPE scale rate ofperceived effort. Conversation
pays about a three or four oneis an easy peasy scroll. A 10 is
an all out sprint, we're gonnahang out in conversation pace,
but if I was rolling, rightthere next to you, you could
(02:54):
tell me all about what you thinkabout this case in real time and
not lose your breath. Then afterthose five minutes, we're going
to pop on up for four minutesinto a comfortably hard tempo
pace. Again, we got things todo, we've got people to see we
have turkeys or Topher keys tothrow in the oven. So we can get
time to waste, we're gonna goahead and go into a comfortably
(03:15):
hard tempo pace, that's about afive, six, maybe even a dash of
seven. If you're feeling alittle feisty here to get in
that tempo work, then we'll havea 62nd recovery at the halfway
point. We'll repeat that cycle.
And then we'll end with a fiveminute walk on the other side.
My friends, I have been rivetedwith this particular case since
I saw a documentary quite someyears ago. And it's about
(03:38):
Elizabeth Holmes. Do you knowwho she is? I mean, I'm
fascinated with her right shewas applauded and seen as this
visionary she was valued of, orher company was valuated at like
$10 billion. She was given award she was asked to speak
truly people thought that shewas revolutionizing health care
(04:00):
and making the world a betterplace until a whistleblower came
along and sent that crashing alldown. And since then, she's been
in a lot of hot water. Well,we're gonna again, talk a little
bit about her her history, alittle bit about her company
thoroughness, maybe even hersecond in command, who was also
(04:21):
her lover, we're gonna dabbleinto just because I'm fascinated
with her rigidity and her strictschedule that was admitted into
evidence. And then we'll talkabout how she played out in
court, and on her sentencing itbecause it's kind of this is
happening in real time still, sothere's a little to be continued
as we continue to learn. I'malso going to reference quite a
(04:44):
few incredible documentariesthat you can check out on her or
another podcast. Absolutelyamazing. If you want to check it
out. It's called the drop out.
Created by ABC News. Of courseit's beautifully Well done and
orchestrated and curated. Andagain, this is the reader's
(05:04):
digest that podcast dives inmuch deeper for about six
different episodes. Two of themare over 45 minutes long. And
the rest are just kind of littleupdates as we continue to learn
more about the rise and con ofElizabeth Holmes. So friends,
are you ready? Because we'regonna take it into our first
(05:25):
segment, pushing into fiveminutes A Conversation pace, and
three, two, and one. Let's roll.
So first, let's listen and learnif you're not familiar with
Elizabeth Holmes bit about herpast because it was described as
her having a precociouschildhood. Elizabeth Holmes was
born February 3 1984 inWashington DC. Her father,
(05:50):
Christian, Rasmus Holmes, thefourth was a vice president at
Enron. You guys remember Enron,an energy company that later
went bankrupt from an accountingfraud scandal. Kind of
interesting that maybe the appledoesn't fall far from the fruit
tree. Well, her mother Noel andworked as a congressional
(06:12):
committee staffer. Christianleader held executive positions
in government agencies such asUS aid, the EPA and the US. TDA.
Christian is also part of aDanish ancestry and her paternal
great great, great grandfatherwas Charles Lewis Fleshman, a
Hungarian immigrant who foundedthe Fleshman East company. The
(06:33):
Holmes family was very proud ofits east Empire history,
according to a family friend.
And they go on to say that hermother was in Georgia and has
French Canadian ancestry on herfather's side. Now, Elizabeth
again, she had quite aprecocious childhood. They have
(06:54):
been known to say that she wasfiercely competitive even in her
young young age, that shedemonstrated that she likely was
going to do really well as shecontinued to get older,
considering how she reallyattacked her studies. So we
learned a little bit about herparents, let's learn about her.
(07:17):
Now. The family moved when shewas young, from DC to Houston.
And when she was about seven,Elizabeth tried to invent her
own time machine, she would fillup her entire notebooks with
detailed hand written notes andengineering drawings. And at the
age of nine, she told relativesthat she wanted to be a
(07:38):
billionaire when she grew up,dead face, she said that dead
face they were like, okay, sure,you kind of hear a kid saying
I'm going to be an astronautwhen I grew up. But evidently,
that's not how they felt whenElizabeth told them, they felt
that she really did mean itactually went on to quote, she
said it with utmost seriousnessand determination. He also said
(08:00):
that she, as I mentionedearlier, was intensely
competitive. And they gaveexamples as to she would play
Monopoly with her youngerbrothers and cousins, and she
would insist on playing untilthe end. My attention span
personally didn't let me playMonopoly until the end, but
evidently, she was a fiercelyintensely competitive, so she
(08:20):
would play until she won everysingle house and hotel possible.
But Miss Elizabeth, I'm sure itdoes not surprise you, that if
she wasn't winning, well, shewas a sore loser. And she would
storm off and more than once,she would run directly through a
screen door, if she was thatangry because somebody hadn't
(08:44):
let her win. All right, seeing alittle bit of anger there, Miss
Elizabeth, we see somehandwriting on the wall, a
little bit of red flags there.
It was during high school thatElizabeth developed her
incredible work ethic oftenstaying up super late to study
She quickly became a straight Astudent and even started her own
business in high school. Shesold C Plus Plus compilers,
(09:05):
which is a type of software thattranslates computer code to
Chinese schools. Okay, I'mimpressed. I'm impressed in high
school. I was just trying tokeep up with like, do I park my
hair from left to right or apartmy hair right to left. And here
she is with a company selling toChinese schools. I mean, I gotta
say I'm impressed. Elizabethstarted taking Mandarin lessons.
(09:28):
And partway through high schoolshe talked her way into being
accepted by StanfordUniversity's summer program,
which culminated in a trip toBeijing. Now, a lot of this
information has been found froma documentary called Bad Blood
secrets and lies in a SiliconValley startup and a book by the
same name as well. Fascinating.
(09:51):
I'm telling you.
Elizabeth went on to say thatshe was inspired by her
grandfather, Christian Holmesnow not that not the great
great, great, great, greatgrandfather who had the East
company but her great greatgrandfather, Christian Holmes,
he was a surgeon. And Elizabethsaid she wanted to go into
medicine. But she discoveredearly on that she was terrified
of needles. She used this askind of her origin story as to
(10:14):
why she was so influenced andinspired to start her company
thoroughness later, later downthe road. So we'll learn a
little bit more about that too.
It was then went on to Stanfordto study chemical engineering.
When she was a freshman, shebecame a president's scholar,
which is an honor, which camewith a $3,000 stipend to go
toward a research project. Let'stake it into that tempo place in
three to one. Now friends, thisis where you're pushing it up a
(10:38):
notch going to that five or six,this is comfortably hard, and we
go from conversation pace tosentence pace, meaning that you
could probably get out asentence or two, you could sing
along to a lyric, or a verse ofa song, but you're not going to
be very comfortable and havingthat conversation going back and
forth. So focus on yourbreathing again, engaging your
(10:58):
core in your posture. And ifyou're on one of the stair
steppers or ellipticals, youcould always play with different
options. If you didn't want tochange your pace, you could
change more of the resistance,or you could also change the
incline. Alright, friends, let'skeep learning about Miss
Elizabeth. Now, I will tell you,if you see photos of Elizabeth
or if you've seen thesedocumentaries, you will see that
(11:20):
she was a striking young womanShe was tall and sleek, and she
had blonde hair and these justvery icy determined eyes, I see
blue. She was very, very, verymuch somebody that you would see
as potentially having greatdetermination to have success.
So it kind of went hand in handwith the persona that she was
(11:42):
trying to create for herself, asshe idolized Steve Jobs quite a
bit even took on his kind oftypical uniform. But before
that, Elizabeth spent the summerafter her freshman year in
Stanford, and she went to internat the Genome Institute in
Singapore. She got the jobpartly because she did speak
Mandarin. And as a sophomore atStanford, Elizabeth went on to
(12:06):
one of her professors, ChanningRobertson, and said, You know
what, buddy, I'm thinking weshould start a company like I
had a company in high school,and it went off, and it was
poppin. But now that I'm like,working on this new thing, and
I'm trying to get into themedical field, I think we should
start a company. And I thinkit's going to revolutionize
medical businesses, how wediagnose people, and it's really
(12:30):
going to just make it moredemocratic in the hands of the
actual patient. And he's like,Yeah, I feel Yeah, let's let's
go ahead and do that. So withhis blessing, she founded real
time cures. Now why this makesme giggle is because we went on
to learn that because there wasa typo. If you were an employee
(12:50):
of real time cures in its earlydays, your paycheck actually
said rather prophetically, itwas accidentally typed in real
time, curses. Oh, my goodness.
Well, Elizabeth soon filed apatent application for a medical
device for analyticalmonitoring. In drug delivery.
(13:14):
It's a wearable device thatwould administer medication, and
monitor patient's blood andadjust the dosage as needed.
Now, as again, as someone whohas a loved one who has certain
medical issues. This sounds likea dream. If I knew that I had
something that my father couldpotentially just wear on his
body on his skin, that wouldn'tcreate a lot of pain that was
(13:37):
very easy for him to keep cleanand adjust, and it would just
adjust things as needed. Thissounds like truly too good to be
true. Well, we'll learn a littlebit more about that soon, too.
Now, by the next semester,Elizabeth had dropped out of
Stanford all together becauseshe went on to work on
thoroughness Theranos, which waspreviously real time curses, or
(14:02):
cures in the basement of hercollege house. Elizabeth's
business model was based on theidea that it could run blood
tests using proprietarytechnology that required only a
finger pinprick in a very, verysmall amount of blood. Now,
while that's revolutionary whileit's proprietary is because it
(14:22):
was extreme, the diagnostictests that she said that you
could actually find that coulddo this, it would range and test
anything from cancer to highcholesterol, stuff that
previously would require tubesand tubes worth of blood
analysis for you to actuallytake into a lab. And it being
done in real time took so muchpressure off of any kind of
(14:45):
issues of patient, findingtransportation or taking time
off from work. We're gonna learnmore, but let's first pull it
back into a walk in three, two,and one phenomenal job, my
friend. Catch your breath. We'reat the halfway point. We're
gonna learn A little bit moreabout the rhinos and how it came
to be this incredibleorganization. And then like all
(15:07):
good, true crime stories, we'lllearn about its fall. But here,
go ahead and catch your breath.
Elizabeth started raising moneyfor the rhinos, from prominent
investors like Oracle founder,Larry Ellison. I mean, she got
some big names up in here. TimDraper, the father of a
childhood friend in the founderof a prominent venture
(15:28):
capitalist firm, Draper, FisherJurvetson. was able to raise
over one $700 million. Throughall of her charisma and steely I
see determination, Elizabethtook investors money on the
condition that she wouldn't haveto reveal how Toronto's
technology worked. Plus, shewould have final say over
(15:51):
everything having to do with thecompany. Let's take it into our
next half right here, fiveminutes and three, two, and one.
Now that's another part thatabsolutely floors me because in
most venture capitalists typefirms, they require you to
really put the proof of thepudding for them to see and
analyze before they just turnover their wallets. But she just
(16:12):
had she had some charisma. Shealso had some strange practices,
she started to change her voice,she started to write herself
some copious notes. She alsostarted to have a secret
relationship with her second incommand. But we'll learn more
about that here in just amoment. She also had an
(16:33):
obsession with secrecy outsideof this little, little love
triangle. She wanted thissecrecy not to just be what her
actual model was how she gotthis technology that was
supposedly so revolutionary. Shewas secretive about her eating
habits, her daily schedule, shewent on to boast about how the
(16:57):
building that she was at hadbulletproof windows. Everything
about her was shrouded andcomplete 100% secrecy and behind
safe closed doors. She wouldeven go on to like rabidly
defend her quote unquote tradesecrets by taking any employee
(17:19):
to court if they started toquestion that some of these
things didn't quite add up. Sothat could be kind of partly how
it got got through. Elizabethwas influenced by Apple CEO
Steve Jobs. As I mentioned, sheliked to dress in his uniform,
she would dress in his blackturtlenecks, not actually his
like she didn't go to hiscloset. But she modeled herself
(17:41):
from him and would wear verysimilar clothing to decorate her
office with his favoritefurniture. And just like Steve
Jobs, she never ever tookvacations. Again, she changed
her voice, she crafted it to bea lot deeper if you start to
really go through some of theanimals. I'm so impressed with
(18:02):
myself using a fancy word likethat. But if you go through some
of the old YouTube videos,basically what that means,
you'll hear that she had a verytypical, what would be
associated with more of a veryyoung females voice. It was a
bit of a higher pitch. It maybeeven had a little bit of a tilt.
But she changed it to where itwas deeper, she wouldn't to be
(18:23):
seen as very stoic and verystudious, and she felt it was
important to craft her image. Sothat would best help her in this
male dominated business world.
Now, what was interesting isthat if she had a little bit too
much to drink, she would oftengo back to speaking in her
(18:44):
normal voice, but she was verycautious about not letting
people catch her in that.
There's actually even somefascinating notes as that she
would write herself she wouldwrite a handwritten daily
schedule every single day,starting at 4am. She would even
talk about rising, beingthankful to God. Then she'd give
herself a little affirmation.
(19:05):
She talked about washing herface changing her workouts, she
would schedule her workouts tothe minute she would schedule in
her prayer time, her food timewhat she consumed her drive into
work, what she would have forlunch or dinner. And then she
would go through a array againof this affirmations which is
very interesting. Very, veryinteresting to say the least.
(19:27):
I'm just going to mention a fewhere.
I show no excitement. I am calm,direct, pointed, non emotional.
I do not react. I am alwaysproactive. I do not hesitate. I
give immediate feedback, but notemotionally. I speak rarely, but
when I do, it's crisp andconcise. And this one may be the
(19:50):
most interesting of all I callbullshit immediately. That's her
words. That's her affirmationsfriends just saying. Anyway, as
we continue to Learn a littlebit, hear about her affirmations
and then go on as to maybe someof that facade that she broke
into. Folks went on to say thatshe was an incredibly demanding
(20:12):
boss. I'm not surprised. It wasprobably because she was hungry
because I looked at her food logfriends and I'm telling you, she
did not eat that much. But shewas a demanding boss and she
wanted her employees to work ashard as she did. And she had her
systems track when employeesarrived and left each day. That
sounds a little kooky. But okay.
And to encourage people to worklonger hours, she started having
dinner and catered to the officearound 8pm each night. Now,
(20:33):
there's tons of behind thescenes footage that you can
check out because there's over100 hours of footage. And it's
an HBO documentary that Imentioned and the inventor out
for blood in Silicon Valley. Andhighlighted also her
relationship that she had withthe CEO of her company, Sunny
(20:54):
balwani. He was 20 years hersenior. And as I mentioned, he
was her lover, they had met whenshe had gone and studied for the
Mandarin program the summerbefore she went to college. And
she was at that time maybe seenas someone he could rescue. When
they started the relationship,she decided that she needed to
(21:19):
him around, she made him hernumber two, despite him not
having very much experience inthis medical world at all. He
was a software developer. Andthen she went on to start to
really get the rhinos up andpoppin into the company that we
knew it to be. Let's go backinto our four minute segment
(21:39):
friends in three, two, and one,let's make it happen. And then
let's learn how it all startedto fall apart. Well, after she
had this incredible, hugeexpansion, something started to
come arise. People were findingout that the tests didn't seem
(22:00):
absolutely accurate. And theWall Street Journal broke a
story after it went into asecret month long, deep
investigation of Toronto'sjournalist John Carew had
received a tip from a medicalexpert who thought that the
rawness is Edison blood testingthat was a proprietary blood
(22:22):
testing formula they use seemedrather suspicious Karoo spoke to
ex employee whistleblowers andwhistleblowers and obtained
company documents. WhenElizabeth learned of the
investigation she initiated acampaign through her lawyer
David Boies, is to stop carryyou from publishing, which
included legal and financialthreats against both the journal
(22:43):
and the whistleblowers. Going totake a second here and plug how
much I love our independentjournalists. Because without
them, we wouldn't hear about allof these horrible things, and
people need those checks andbalances. But anyway, I digress.
And October 2015. Despite herlegal threats and strong arm
tactics, the Wall Street Journalpublished the bomb shell article
(23:04):
detailing how the Edison devicegave in accurate results. Now,
if you're thinking to yourself,Well, what does that really mean
and accurate results? Myfriends, it was drastically
misreporting from cholesterollike from hundreds of points off
to blood sugar, it was tellingsome people that they
(23:25):
potentially didn't have cancerwhen they did or that they did
have cancer when they didn't.
These are things where thesediagnostic tests really
influenced the individual'shealth care if influenced how
they were able to live theirlife, in a lot of situations, it
could have potentially causedthem to get radically ill or
(23:46):
even die. She went on to saythat she was being persecuted
because she was a revolutionary.
She said out loud, that thearticle was pretty liberal. And
she responded, this is whathappens when you work to change
things. First, they think you'recrazy, then they fight you and
then all of a sudden, you changethe world. Now at this point,
(24:09):
she still has a lot of investorswho think that she's the bee's
knees. But in January 2016, theCenters for Medicare and
Medicaid Services sent a warningletter to Theranos, after an
inspection of its Newark,California laboratory uncovered
irregularities with staffproficiency procedures and
equipment. CMS regulatorsproposed a two year ban on
(24:31):
Elizabeth from owning oroperating any certified clinical
laboratories. Actually companyhad not fix a problem and it's
California lab in March 2016. Onthe Today Show, homeless went on
to say because you know, she wasa media darling. She went on to
say we're devastated. We didn'tcatch and fix these issues
faster. Yeah. And the lab wouldbe rebuilt with help from new
(24:54):
scientific and medical advisoryboard, and then in July 2010
tene CMS went on to officiallybanned her for the full two
years and 2017 the state ofArizona filed suit against
Serrano's alleging that thecompany has sold 1.5 million
blood tests to Arizonans whileconcealing, and misrepresenting
(25:16):
important facts about thosetests. Now, friends, you've
heard me You know, I love mesome lady killers, you know,
allow me some serial killers.
And that's usually the kind ofcases that I bring to the table,
but wrap your head around that1.5 million blood tests that
actually could have proven to beinconclusive or incorrect. The
(25:40):
mass totals of people that shecould have potentially caused
the death of, or that she couldhave caused severe illness, or
severe malpractice the doctorslives which she could have also
impacted, as they may have donean accurate diagnosis and
treatment. This woman, she is amistress of murder and mayhem.
(26:00):
It may not be all scantily clad.
She may not make you shakingyour boots, but she is not a
good woman. All right, myfriends. Let's pull it on back
into our cooldown walk andthree, two and one great work.
So at its height in 2015, therhinos had more than 800
employees. It dismissed 340People in October 2016 and an
(26:24):
additional 155 employees inJanuary 2017 and April 2018. I
mean, when the ball startscrashing down, it just keeps
getting bigger and better here.
Toronto's filed a Warren Actnotice with the state of
California announcing its plansto permanently off 105 employees
leaving it with fewer than twodozen employees. Most of the
(26:46):
remaining employees were laidoff of August 2018. And on
September 5 2018, the companyNASA had begun the process of
formally dissolving wasremaining cash and assets to be
distributed to its creditors.
And on June 15 2018, followingan investigation by the US
Attorney's office in SanFrancisco that lasted more than
two years, a federal grand juryindicted Elizabeth and her ex
(27:10):
lover, Toronto's chief operatingofficer present Ramesh Sunny
balwani on nine counts of wirefraud and two counts of
conspiracy to commit wire fraud.
most fascinating how they bringpeople down, you would think
that it has to do with the factthat she actually hurt innocent
(27:31):
people who trusted in her butno, they get her on wire fraud.
Of course they pled not guilty.
Prosecutors allege thatElizabeth and Bhawani engaged in
two criminal schemes one todefraud investors, the other to
defraud doctors and patients.
And let's not forget friends.
She also defrauded insurancecompanies that paid for these
(27:53):
tests. So we are talking aboutsome pretty big some pretty big
money that she got herself into.
After the indictment was issued.
Elizabeth stepped down as CEO ofToronto's but remained chair of
the board. Elizabeth was triedin the US District Court for the
Northern District of California.
And she retained it defenselawyers from Williams and
(28:16):
Connolly, a prominent Americanlaw firm that specializes in
white collar crime defense. Thetrial began on August 31 2021,
after being delayed for over ayear due to the COVID 19
pandemic. And because she waspregnant, because she also got
fell madly in love and gotmarried, but not what's funny,
(28:37):
my friends, actually Quite onthe contrary, she ended up in a
relationship with a hospitalityerr. And she, surprise surprise,
got secretly married to thisindividual. Well, friends, we
continue learning that just asof this past week, she although
(29:02):
she was facing a maximumsentence of 20 years in prison,
although she is pregnant withher second child, she was
actually convicted and sentencedto 11 years for fraud.
She was devastated. Of course,she cried when she read a
(29:23):
statement to the judge. And shewent on to say I am devastated
by my feelings. I have felt deeppain for what people went
through because I failed them.
Now, what's next for her? Wewill soon find out because
again, she is pregnant. I'm notsure if they're gonna give her
if they're gonna let her holdoff from serving out her term
(29:44):
until she gives birth. But wewill soon see and in the
meantime, we're going to takeaway a few lessons learned here,
my friends you did a phenomenaljob. So pat yourself on the
back. And think about it. If youever make a mistake at work, or
(30:04):
I don't know, you forgot to pickup the dry cleaning, anything
that you do, can't be possiblynot even a modicum, not even a
pinprick, as bad as what thischick did, and pretty much got
away with for a very, very, verylong time. So our lessons
learned is that if the child hassuch a big temper tantrum, when
(30:31):
they don't win monopoly, thatthey run through the screen and
break it every single time, youneed to put that child on a
watch list. I'm just saying,because you don't know what it's
gonna turn out to. And the nextthing to learn is just be
authentically yourself and notworry about trying to become a
(30:53):
billionaire. Instead, justfocusing on doing good friends.
Thank you so much forparticipating in today's
workout. I would love to hearfrom you. What do you think
about Elizabeth Are you asriveted as I am? Have you seen
the documentaries? There's somany of them to watch and if you
are interested and want tochitchat, a little bit about
Miss Elizabeth Holmes, go findme or run the Facebook community
(31:16):
page running scared. I'll linkthat in episode notes. Thank you
again and friends. Have awonderful wonderful week as hope
that you are you able to spendtime with loved ones and thank
you for running scared withCoach Christine
Hello friends, welcome to running scared. I'm
Coach Christine, I'm a level twoRCA and a run, walk, run it
certified coach. And if youenjoy true crime with a side of
running or you're at leastwilling to get least up for a
walk or getting a good workoutsession, then welcome you have
found your corner of theinternet. And we are likely
going to be besties. We'll talka lot a little bit more about
(00:23):
that when we get into our actualcase. So friends, let's not
waste any of your precious time.
Let's get you starting on a nicetall, walking warm up in three,
two. And one. If you're catchingthis episode right here, right
before the holidays, I want towish you a very happy holiday
season very happy Thanksgiving.
I know that time is a veryfinite and precious. So we're
(00:44):
going to take this a little bitshorter for our workout today,
we're just going to get in 30minutes. But if you need to tag
in some other episodes, I haveplenty in the library for you to
hit on up and queue up afteryou're done here. Or I'll also
be giving you a lot ofsuggestions on today's mistress
of murder and mayhem on someother deep dives because we're
(01:06):
going to do a runner's digest ofthis particular case. But before
I get too further into that,let's talk about today's workout
and how to make sure that youare tacking this warmup, so that
you're nice, strong and readyfor what's to come. So first and
foremost, I know you're rollingthrough her nice and tall,
you're staying relaxed, you'restaying light, you're engaging
(01:27):
your core. And because you are atrue crime junkie, I know that
if you're rolling through hereoutdoors, getting in your run or
your walk, that you aredefinitely aware and mindful of
your surroundings. And it's soimportant that someone that you
love, no interest knows exactlywhere you're at, or at least
what time to expect you backhome. Now if you're rolling
(01:50):
through here on a treadmill,make sure to bring that up to a
1% on the incline and make it alittle bit more if you're
feeling feisty or sassy. Butthat 1% helps to minimize the
impact on your joints, alsohelps to mimic the outdoors. And
I know this time of year, a lotof folks are definitely having
to hit up and utilize thosetreadmills, it's okay my
friends, we will see warmer daysagain, you'll be able to get
(02:10):
outdoors. But for now, just begrateful that you have a
treadmill at your disposal. Orif you're willing through
hearing your elliptical,stepper, just make sure again
that you're engaged your core,you're staying nice and tall and
you're not hanging over thatdisplay or putting your body
weight on any of those armhandles, we want to really be
active in our workout. Today,once we're done here with this
(02:31):
warm up, we're gonna go in totwo segments friends, where
we're just gonna go right oninto a five minute conversation
pace on that RPE scale rate ofperceived effort. Conversation
pays about a three or four oneis an easy peasy scroll. A 10 is
an all out sprint, we're gonnahang out in conversation pace,
but if I was rolling, rightthere next to you, you could
(02:54):
tell me all about what you thinkabout this case in real time and
not lose your breath. Then afterthose five minutes, we're going
to pop on up for four minutesinto a comfortably hard tempo
pace. Again, we got things todo, we've got people to see we
have turkeys or Topher keys tothrow in the oven. So we can get
time to waste, we're gonna goahead and go into a comfortably
(03:15):
hard tempo pace, that's about afive, six, maybe even a dash of
seven. If you're feeling alittle feisty here to get in
that tempo work, then we'll havea 62nd recovery at the halfway
point. We'll repeat that cycle.
And then we'll end with a fiveminute walk on the other side.
My friends, I have been rivetedwith this particular case since
I saw a documentary quite someyears ago. And it's about
(03:38):
Elizabeth Holmes. Do you knowwho she is? I mean, I'm
fascinated with her right shewas applauded and seen as this
visionary she was valued of, orher company was valuated at like
$10 billion. She was given award she was asked to speak
truly people thought that shewas revolutionizing health care
(04:00):
and making the world a betterplace until a whistleblower came
along and sent that crashing alldown. And since then, she's been
in a lot of hot water. Well,we're gonna again, talk a little
bit about her her history, alittle bit about her company
thoroughness, maybe even hersecond in command, who was also
(04:21):
her lover, we're gonna dabbleinto just because I'm fascinated
with her rigidity and her strictschedule that was admitted into
evidence. And then we'll talkabout how she played out in
court, and on her sentencing itbecause it's kind of this is
happening in real time still, sothere's a little to be continued
as we continue to learn. I'malso going to reference quite a
(04:44):
few incredible documentariesthat you can check out on her or
another podcast. Absolutelyamazing. If you want to check it
out. It's called the drop out.
Created by ABC News. Of courseit's beautifully Well done and
orchestrated and curated. Andagain, this is the reader's
(05:04):
digest that podcast dives inmuch deeper for about six
different episodes. Two of themare over 45 minutes long. And
the rest are just kind of littleupdates as we continue to learn
more about the rise and con ofElizabeth Holmes. So friends,
are you ready? Because we'regonna take it into our first
(05:25):
segment, pushing into fiveminutes A Conversation pace, and
three, two, and one. Let's roll.
So first, let's listen and learnif you're not familiar with
Elizabeth Holmes bit about herpast because it was described as
her having a precociouschildhood. Elizabeth Holmes was
born February 3 1984 inWashington DC. Her father,
(05:50):
Christian, Rasmus Holmes, thefourth was a vice president at
Enron. You guys remember Enron,an energy company that later
went bankrupt from an accountingfraud scandal. Kind of
interesting that maybe the appledoesn't fall far from the fruit
tree. Well, her mother Noel andworked as a congressional
(06:12):
committee staffer. Christianleader held executive positions
in government agencies such asUS aid, the EPA and the US. TDA.
Christian is also part of aDanish ancestry and her paternal
great great, great grandfatherwas Charles Lewis Fleshman, a
Hungarian immigrant who foundedthe Fleshman East company. The
(06:33):
Holmes family was very proud ofits east Empire history,
according to a family friend.
And they go on to say that hermother was in Georgia and has
French Canadian ancestry on herfather's side. Now, Elizabeth
again, she had quite aprecocious childhood. They have
(06:54):
been known to say that she wasfiercely competitive even in her
young young age, that shedemonstrated that she likely was
going to do really well as shecontinued to get older,
considering how she reallyattacked her studies. So we
learned a little bit about herparents, let's learn about her.
(07:17):
Now. The family moved when shewas young, from DC to Houston.
And when she was about seven,Elizabeth tried to invent her
own time machine, she would fillup her entire notebooks with
detailed hand written notes andengineering drawings. And at the
age of nine, she told relativesthat she wanted to be a
(07:38):
billionaire when she grew up,dead face, she said that dead
face they were like, okay, sure,you kind of hear a kid saying
I'm going to be an astronautwhen I grew up. But evidently,
that's not how they felt whenElizabeth told them, they felt
that she really did mean itactually went on to quote, she
said it with utmost seriousnessand determination. He also said
(08:00):
that she, as I mentionedearlier, was intensely
competitive. And they gaveexamples as to she would play
Monopoly with her youngerbrothers and cousins, and she
would insist on playing untilthe end. My attention span
personally didn't let me playMonopoly until the end, but
evidently, she was a fiercelyintensely competitive, so she
(08:20):
would play until she won everysingle house and hotel possible.
But Miss Elizabeth, I'm sure itdoes not surprise you, that if
she wasn't winning, well, shewas a sore loser. And she would
storm off and more than once,she would run directly through a
screen door, if she was thatangry because somebody hadn't
(08:44):
let her win. All right, seeing alittle bit of anger there, Miss
Elizabeth, we see somehandwriting on the wall, a
little bit of red flags there.
It was during high school thatElizabeth developed her
incredible work ethic oftenstaying up super late to study
She quickly became a straight Astudent and even started her own
business in high school. Shesold C Plus Plus compilers,
(09:05):
which is a type of software thattranslates computer code to
Chinese schools. Okay, I'mimpressed. I'm impressed in high
school. I was just trying tokeep up with like, do I park my
hair from left to right or apartmy hair right to left. And here
she is with a company selling toChinese schools. I mean, I gotta
say I'm impressed. Elizabethstarted taking Mandarin lessons.
(09:28):
And partway through high schoolshe talked her way into being
accepted by StanfordUniversity's summer program,
which culminated in a trip toBeijing. Now, a lot of this
information has been found froma documentary called Bad Blood
secrets and lies in a SiliconValley startup and a book by the
same name as well. Fascinating.
(09:51):
I'm telling you.
Elizabeth went on to say thatshe was inspired by her
grandfather, Christian Holmesnow not that not the great
great, great, great, greatgrandfather who had the East
company but her great greatgrandfather, Christian Holmes,
he was a surgeon. And Elizabethsaid she wanted to go into
medicine. But she discoveredearly on that she was terrified
of needles. She used this askind of her origin story as to
(10:14):
why she was so influenced andinspired to start her company
thoroughness later, later downthe road. So we'll learn a
little bit more about that too.
It was then went on to Stanfordto study chemical engineering.
When she was a freshman, shebecame a president's scholar,
which is an honor, which camewith a $3,000 stipend to go
toward a research project. Let'stake it into that tempo place in
three to one. Now friends, thisis where you're pushing it up a
(10:38):
notch going to that five or six,this is comfortably hard, and we
go from conversation pace tosentence pace, meaning that you
could probably get out asentence or two, you could sing
along to a lyric, or a verse ofa song, but you're not going to
be very comfortable and havingthat conversation going back and
forth. So focus on yourbreathing again, engaging your
(10:58):
core in your posture. And ifyou're on one of the stair
steppers or ellipticals, youcould always play with different
options. If you didn't want tochange your pace, you could
change more of the resistance,or you could also change the
incline. Alright, friends, let'skeep learning about Miss
Elizabeth. Now, I will tell you,if you see photos of Elizabeth
or if you've seen thesedocumentaries, you will see that
(11:20):
she was a striking young womanShe was tall and sleek, and she
had blonde hair and these justvery icy determined eyes, I see
blue. She was very, very, verymuch somebody that you would see
as potentially having greatdetermination to have success.
So it kind of went hand in handwith the persona that she was
(11:42):
trying to create for herself, asshe idolized Steve Jobs quite a
bit even took on his kind oftypical uniform. But before
that, Elizabeth spent the summerafter her freshman year in
Stanford, and she went to internat the Genome Institute in
Singapore. She got the jobpartly because she did speak
Mandarin. And as a sophomore atStanford, Elizabeth went on to
(12:06):
one of her professors, ChanningRobertson, and said, You know
what, buddy, I'm thinking weshould start a company like I
had a company in high school,and it went off, and it was
poppin. But now that I'm like,working on this new thing, and
I'm trying to get into themedical field, I think we should
start a company. And I thinkit's going to revolutionize
medical businesses, how wediagnose people, and it's really
(12:30):
going to just make it moredemocratic in the hands of the
actual patient. And he's like,Yeah, I feel Yeah, let's let's
go ahead and do that. So withhis blessing, she founded real
time cures. Now why this makesme giggle is because we went on
to learn that because there wasa typo. If you were an employee
(12:50):
of real time cures in its earlydays, your paycheck actually
said rather prophetically, itwas accidentally typed in real
time, curses. Oh, my goodness.
Well, Elizabeth soon filed apatent application for a medical
device for analyticalmonitoring. In drug delivery.
(13:14):
It's a wearable device thatwould administer medication, and
monitor patient's blood andadjust the dosage as needed.
Now, as again, as someone whohas a loved one who has certain
medical issues. This sounds likea dream. If I knew that I had
something that my father couldpotentially just wear on his
body on his skin, that wouldn'tcreate a lot of pain that was
(13:37):
very easy for him to keep cleanand adjust, and it would just
adjust things as needed. Thissounds like truly too good to be
true. Well, we'll learn a littlebit more about that soon, too.
Now, by the next semester,Elizabeth had dropped out of
Stanford all together becauseshe went on to work on
thoroughness Theranos, which waspreviously real time curses, or
(14:02):
cures in the basement of hercollege house. Elizabeth's
business model was based on theidea that it could run blood
tests using proprietarytechnology that required only a
finger pinprick in a very, verysmall amount of blood. Now,
while that's revolutionary whileit's proprietary is because it
(14:22):
was extreme, the diagnostictests that she said that you
could actually find that coulddo this, it would range and test
anything from cancer to highcholesterol, stuff that
previously would require tubesand tubes worth of blood
analysis for you to actuallytake into a lab. And it being
done in real time took so muchpressure off of any kind of
(14:45):
issues of patient, findingtransportation or taking time
off from work. We're gonna learnmore, but let's first pull it
back into a walk in three, two,and one phenomenal job, my
friend. Catch your breath. We'reat the halfway point. We're
gonna learn A little bit moreabout the rhinos and how it came
to be this incredibleorganization. And then like all
(15:07):
good, true crime stories, we'lllearn about its fall. But here,
go ahead and catch your breath.
Elizabeth started raising moneyfor the rhinos, from prominent
investors like Oracle founder,Larry Ellison. I mean, she got
some big names up in here. TimDraper, the father of a
childhood friend in the founderof a prominent venture
(15:28):
capitalist firm, Draper, FisherJurvetson. was able to raise
over one $700 million. Throughall of her charisma and steely I
see determination, Elizabethtook investors money on the
condition that she wouldn't haveto reveal how Toronto's
technology worked. Plus, shewould have final say over
(15:51):
everything having to do with thecompany. Let's take it into our
next half right here, fiveminutes and three, two, and one.
Now that's another part thatabsolutely floors me because in
most venture capitalists typefirms, they require you to
really put the proof of thepudding for them to see and
analyze before they just turnover their wallets. But she just
(16:12):
had she had some charisma. Shealso had some strange practices,
she started to change her voice,she started to write herself
some copious notes. She alsostarted to have a secret
relationship with her second incommand. But we'll learn more
about that here in just amoment. She also had an
(16:33):
obsession with secrecy outsideof this little, little love
triangle. She wanted thissecrecy not to just be what her
actual model was how she gotthis technology that was
supposedly so revolutionary. Shewas secretive about her eating
habits, her daily schedule, shewent on to boast about how the
(16:57):
building that she was at hadbulletproof windows. Everything
about her was shrouded andcomplete 100% secrecy and behind
safe closed doors. She wouldeven go on to like rabidly
defend her quote unquote tradesecrets by taking any employee
(17:19):
to court if they started toquestion that some of these
things didn't quite add up. Sothat could be kind of partly how
it got got through. Elizabethwas influenced by Apple CEO
Steve Jobs. As I mentioned, sheliked to dress in his uniform,
she would dress in his blackturtlenecks, not actually his
like she didn't go to hiscloset. But she modeled herself
(17:41):
from him and would wear verysimilar clothing to decorate her
office with his favoritefurniture. And just like Steve
Jobs, she never ever tookvacations. Again, she changed
her voice, she crafted it to bea lot deeper if you start to
really go through some of theanimals. I'm so impressed with
(18:02):
myself using a fancy word likethat. But if you go through some
of the old YouTube videos,basically what that means,
you'll hear that she had a verytypical, what would be
associated with more of a veryyoung females voice. It was a
bit of a higher pitch. It maybeeven had a little bit of a tilt.
But she changed it to where itwas deeper, she wouldn't to be
(18:23):
seen as very stoic and verystudious, and she felt it was
important to craft her image. Sothat would best help her in this
male dominated business world.
Now, what was interesting isthat if she had a little bit too
much to drink, she would oftengo back to speaking in her
(18:44):
normal voice, but she was verycautious about not letting
people catch her in that.
There's actually even somefascinating notes as that she
would write herself she wouldwrite a handwritten daily
schedule every single day,starting at 4am. She would even
talk about rising, beingthankful to God. Then she'd give
herself a little affirmation.
(19:05):
She talked about washing herface changing her workouts, she
would schedule her workouts tothe minute she would schedule in
her prayer time, her food timewhat she consumed her drive into
work, what she would have forlunch or dinner. And then she
would go through a array againof this affirmations which is
very interesting. Very, veryinteresting to say the least.
(19:27):
I'm just going to mention a fewhere.
I show no excitement. I am calm,direct, pointed, non emotional.
I do not react. I am alwaysproactive. I do not hesitate. I
give immediate feedback, but notemotionally. I speak rarely, but
when I do, it's crisp andconcise. And this one may be the
(19:50):
most interesting of all I callbullshit immediately. That's her
words. That's her affirmationsfriends just saying. Anyway, as
we continue to Learn a littlebit, hear about her affirmations
and then go on as to maybe someof that facade that she broke
into. Folks went on to say thatshe was an incredibly demanding
(20:12):
boss. I'm not surprised. It wasprobably because she was hungry
because I looked at her food logfriends and I'm telling you, she
did not eat that much. But shewas a demanding boss and she
wanted her employees to work ashard as she did. And she had her
systems track when employeesarrived and left each day. That
sounds a little kooky. But okay.
And to encourage people to worklonger hours, she started having
dinner and catered to the officearound 8pm each night. Now,
(20:33):
there's tons of behind thescenes footage that you can
check out because there's over100 hours of footage. And it's
an HBO documentary that Imentioned and the inventor out
for blood in Silicon Valley. Andhighlighted also her
relationship that she had withthe CEO of her company, Sunny
(20:54):
balwani. He was 20 years hersenior. And as I mentioned, he
was her lover, they had met whenshe had gone and studied for the
Mandarin program the summerbefore she went to college. And
she was at that time maybe seenas someone he could rescue. When
they started the relationship,she decided that she needed to
(21:19):
him around, she made him hernumber two, despite him not
having very much experience inthis medical world at all. He
was a software developer. Andthen she went on to start to
really get the rhinos up andpoppin into the company that we
knew it to be. Let's go backinto our four minute segment
(21:39):
friends in three, two, and one,let's make it happen. And then
let's learn how it all startedto fall apart. Well, after she
had this incredible, hugeexpansion, something started to
come arise. People were findingout that the tests didn't seem
(22:00):
absolutely accurate. And theWall Street Journal broke a
story after it went into asecret month long, deep
investigation of Toronto'sjournalist John Carew had
received a tip from a medicalexpert who thought that the
rawness is Edison blood testingthat was a proprietary blood
(22:22):
testing formula they use seemedrather suspicious Karoo spoke to
ex employee whistleblowers andwhistleblowers and obtained
company documents. WhenElizabeth learned of the
investigation she initiated acampaign through her lawyer
David Boies, is to stop carryyou from publishing, which
included legal and financialthreats against both the journal
(22:43):
and the whistleblowers. Going totake a second here and plug how
much I love our independentjournalists. Because without
them, we wouldn't hear about allof these horrible things, and
people need those checks andbalances. But anyway, I digress.
And October 2015. Despite herlegal threats and strong arm
tactics, the Wall Street Journalpublished the bomb shell article
(23:04):
detailing how the Edison devicegave in accurate results. Now,
if you're thinking to yourself,Well, what does that really mean
and accurate results? Myfriends, it was drastically
misreporting from cholesterollike from hundreds of points off
to blood sugar, it was tellingsome people that they
(23:25):
potentially didn't have cancerwhen they did or that they did
have cancer when they didn't.
These are things where thesediagnostic tests really
influenced the individual'shealth care if influenced how
they were able to live theirlife, in a lot of situations, it
could have potentially causedthem to get radically ill or
(23:46):
even die. She went on to saythat she was being persecuted
because she was a revolutionary.
She said out loud, that thearticle was pretty liberal. And
she responded, this is whathappens when you work to change
things. First, they think you'recrazy, then they fight you and
then all of a sudden, you changethe world. Now at this point,
(24:09):
she still has a lot of investorswho think that she's the bee's
knees. But in January 2016, theCenters for Medicare and
Medicaid Services sent a warningletter to Theranos, after an
inspection of its Newark,California laboratory uncovered
irregularities with staffproficiency procedures and
equipment. CMS regulatorsproposed a two year ban on
(24:31):
Elizabeth from owning oroperating any certified clinical
laboratories. Actually companyhad not fix a problem and it's
California lab in March 2016. Onthe Today Show, homeless went on
to say because you know, she wasa media darling. She went on to
say we're devastated. We didn'tcatch and fix these issues
faster. Yeah. And the lab wouldbe rebuilt with help from new
(24:54):
scientific and medical advisoryboard, and then in July 2010
tene CMS went on to officiallybanned her for the full two
years and 2017 the state ofArizona filed suit against
Serrano's alleging that thecompany has sold 1.5 million
blood tests to Arizonans whileconcealing, and misrepresenting
(25:16):
important facts about thosetests. Now, friends, you've
heard me You know, I love mesome lady killers, you know,
allow me some serial killers.
And that's usually the kind ofcases that I bring to the table,
but wrap your head around that1.5 million blood tests that
actually could have proven to beinconclusive or incorrect. The
(25:40):
mass totals of people that shecould have potentially caused
the death of, or that she couldhave caused severe illness, or
severe malpractice the doctorslives which she could have also
impacted, as they may have donean accurate diagnosis and
treatment. This woman, she is amistress of murder and mayhem.
(26:00):
It may not be all scantily clad.
She may not make you shakingyour boots, but she is not a
good woman. All right, myfriends. Let's pull it on back
into our cooldown walk andthree, two and one great work.
So at its height in 2015, therhinos had more than 800
employees. It dismissed 340People in October 2016 and an
(26:24):
additional 155 employees inJanuary 2017 and April 2018. I
mean, when the ball startscrashing down, it just keeps
getting bigger and better here.
Toronto's filed a Warren Actnotice with the state of
California announcing its plansto permanently off 105 employees
leaving it with fewer than twodozen employees. Most of the
(26:46):
remaining employees were laidoff of August 2018. And on
September 5 2018, the companyNASA had begun the process of
formally dissolving wasremaining cash and assets to be
distributed to its creditors.
And on June 15 2018, followingan investigation by the US
Attorney's office in SanFrancisco that lasted more than
two years, a federal grand juryindicted Elizabeth and her ex
(27:10):
lover, Toronto's chief operatingofficer present Ramesh Sunny
balwani on nine counts of wirefraud and two counts of
conspiracy to commit wire fraud.
most fascinating how they bringpeople down, you would think
that it has to do with the factthat she actually hurt innocent
(27:31):
people who trusted in her butno, they get her on wire fraud.
Of course they pled not guilty.
Prosecutors allege thatElizabeth and Bhawani engaged in
two criminal schemes one todefraud investors, the other to
defraud doctors and patients.
And let's not forget friends.
She also defrauded insurancecompanies that paid for these
(27:53):
tests. So we are talking aboutsome pretty big some pretty big
money that she got herself into.
After the indictment was issued.
Elizabeth stepped down as CEO ofToronto's but remained chair of
the board. Elizabeth was triedin the US District Court for the
Northern District of California.
And she retained it defenselawyers from Williams and
(28:16):
Connolly, a prominent Americanlaw firm that specializes in
white collar crime defense. Thetrial began on August 31 2021,
after being delayed for over ayear due to the COVID 19
pandemic. And because she waspregnant, because she also got
fell madly in love and gotmarried, but not what's funny,
(28:37):
my friends, actually Quite onthe contrary, she ended up in a
relationship with a hospitalityerr. And she, surprise surprise,
got secretly married to thisindividual. Well, friends, we
continue learning that just asof this past week, she although
(29:02):
she was facing a maximumsentence of 20 years in prison,
although she is pregnant withher second child, she was
actually convicted and sentencedto 11 years for fraud.
She was devastated. Of course,she cried when she read a
(29:23):
statement to the judge. And shewent on to say I am devastated
by my feelings. I have felt deeppain for what people went
through because I failed them.
Now, what's next for her? Wewill soon find out because
again, she is pregnant. I'm notsure if they're gonna give her
if they're gonna let her holdoff from serving out her term
(29:44):
until she gives birth. But wewill soon see and in the
meantime, we're going to takeaway a few lessons learned here,
my friends you did a phenomenaljob. So pat yourself on the
back. And think about it. If youever make a mistake at work, or
(30:04):
I don't know, you forgot to pickup the dry cleaning, anything
that you do, can't be possiblynot even a modicum, not even a
pinprick, as bad as what thischick did, and pretty much got
away with for a very, very, verylong time. So our lessons
learned is that if the child hassuch a big temper tantrum, when
(30:31):
they don't win monopoly, thatthey run through the screen and
break it every single time, youneed to put that child on a
watch list. I'm just saying,because you don't know what it's
gonna turn out to. And the nextthing to learn is just be
authentically yourself and notworry about trying to become a
(30:53):
billionaire. Instead, justfocusing on doing good friends.
Thank you so much forparticipating in today's
workout. I would love to hearfrom you. What do you think
about Elizabeth Are you asriveted as I am? Have you seen
the documentaries? There's somany of them to watch and if you
are interested and want tochitchat, a little bit about
Miss Elizabeth Holmes, go findme or run the Facebook community
(31:16):
page running scared. I'll linkthat in episode notes. Thank you
again and friends. Have awonderful wonderful week as hope
that you are you able to spendtime with loved ones and thank
you for running scared withCoach Christine
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