Elizabeth Holmes banned from federal health programs for 90 years ...Middle East

Federal regulators announced Friday that convicted fraudster Elizabeth Holmes, founder of the defunct blood testing company Theranos, has been banned from participating in federal health programs for 90 years, effectively a lifetime ban. The Office of Inspector General (OIG) for the Department of Health and Human Services (HHS) cited Holmes's 2022 conviction for fraud and conspiracy to commit wire fraud as the reason for her ban. Holmes was sentenced to roughly 11 years in prison — starting in May 2023 — for lying to investors about the capabilities of her blood-testing technology. That sentence was reduced by two years in July. "The statutory minimum for an exclusion based on co

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