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Fraud is defined as the deliberate misrepresentation that causes a person or a business to suffer damages,

often in the form of monetary loss through deception or concealment.

In 2014, Elizabeth Holmes, then 30 years old, was at the top of the world.

She was a Sanford University dropout, and she had founded a company that was valued at $9 billion,

and it supposedly was bringing about a revolutionary change in diagnosing disease,

with just a few drops of blood, Theronaut's promise that its Edison test could detect conditions

such as cancer and diabetes quickly without the hassle of an IV needle.

Big Wigs from Harry Kissinger, to General James Matis, sat on the board,

but by 2015, the seams were coming apart, and within a year Holmes was exposed as a fake.

The technology that she told it didn't work at all.

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A woman, a mother, a powerful figure, you are still going to be treated equal under the law.

That is what Federal Prosecutor Robert Leach described at Theronaut's scam

as one of the most white-collar crimes ever committed in Silicon Valley.

In the scathing 46-page memo, Leach urged the judge to send a message to curb this type of behavior

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