Elizabeth Holmes scandal – level 3

02-03-2022 15:00

Elizabeth Holmes is the founder of the failed blood-testing company Theranos. She is facing decades in prison; a court found her guilty of conspiring to rob her investors of hundreds of millions of dollars.

Holmes was the world’s youngest self-made billionaire, and media often described her as the next Steve Jobs. Her revolutionary medical testing method was easier, quicker, and cheaper because it required only a little bit of blood from a person’s finger that could be tested for lots of diseases.

However, people found the testing needed more blood, and some people allegedly had incorrect test results. Holmes had attracted a lot of investors, and she’d received medical and financial support.

In 2015, journalists first questioned the reliability of the tests, and investors found Theranos maybe was doing something else. Holmes is now a convicted felon, and she’s guilty of four conspiracy and fraud charges.

Difficult words: conspire (to make secret plans to do something bad or illegal), felon (a person who’s committed a serious crime), fraud (the crime of getting money or financial benefits by a trick or by lying).

You can watch the video news lower on this page.

What do you think about this news?

LEARN 3000 WORDS with NEWS IN LEVELS

News in Levels is designed to teach you 3000 words in English. Please follow the instructions
below.

How to improve your English with News in Levels: 

Test

  1. Do the test at Test Languages.
  2. Go to your level. Go to Level 1 if you know 1-1000 words. Go to Level 2 if you know 1000-2000 words. Go to Level 3 if you know 2000-3000 words.

Reading

  1. Read two news articles every day.
  2. Read the news articles from the day before and check if you remember all new words.

Listening

  1. Listen to the news from today and read the text at the same time.
  2. Listen to the news from today without reading the text.

Writing

  1. Answer the question under today’s news and write the answer in the comments.

Speaking

  1. Choose one person from the Skype section.
  2. Talk with this person. You can answer questions from Speak in Levels.