I must be miss something please clarify: My understanding is Theranos product/services are not as good as marketed, not fully vetted, accusations of using the older tech to do much of the testing, and some mistakes found in the lab work. Further, not disclosing secret sauce information and not being very forthcoming with outside requests.
So far, that just sounds like a normal company, so whats the fraud, crimes, etc?
They also lost a lot of business with companies backing out from all the bad press, feeding the spiral downward. It's worth dropped from $9 billion to $800 million but is still more than what's been invested. And now its under criminal investigation.
So this has to be more than it's Edison tech isn't panning out right?