![]() ![]() More than $164 million was seized from Enron, most of which was used to repay victims. The magnitude of the crimes resulted in the formation of the Enron Task Force comprised of FBI investigators, the Internal Revenue Service-Criminal Investigation Division, the Securities and Exchange Commission, and prosecutors from the Department of Justice. The company declared bankruptcy after defrauding investors, the FBI reported at the time. The whole company was a fraud," Christian IV says.Įron was an energy company that famously collapsed in December 2001. Her mother Noel (Elizabeth Marvel) informs Elizabeth and her younger brother Christian Holmes V (Jake Satow) that their father lost his job. In the docuseries, Elizabeth ( Amanda Seyfried) comes home from school to find her dad (Michel Gill) at home watching the news of Enron's collapse. Among Elizabeth's earlier years, the docuseries depicts the moment in her teens when she discovered her father lost his job. Hulu's upcoming docuseries " The Dropout" is shining a light on Elizabeth's early life and the downfall of Theranos - a medical device company that made false claims that the technology could yield hundreds of blood test results from a minimal amount of a patient's blood. (Photo by Nick Otto / AFP) (Photo by NICK OTTO/AFP via Getty Images)Įlizabeth Holmes and her father, Christian Holmes IV, have both worked for companies with alleged fraudulent dealings. Fallen US biotech star Elizabeth Holmes was convicted on Monday of defrauding investors in her blood-testing startup Theranos, in a high-profile case seen as an indictment of Silicon Valley culture.Jurors took seven days of deliberations to reach their verdict, finding her guilty of four counts of tricking investors into pouring money into what she claimed was a revolutionary testing system. Elizabeth Holmes (2R) walks with her partner Billy Evans (R) and her parents Christian (L) and Noel (2L) Holmes, to the federal court to hear the verdict in her fraud trial in San Jose, California, January 3, 2022.
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