Want to know who Is Billy Evans, and why is his name associated with Elizabeth Holmes? Elizabeth Anne Holmes has been making headlines for some controversial reasons. The founder and CEO of Theranos have landed herself in severe trouble and is possibly facing prison time as well. Why is the CEO accused of fraud? Well, it turns out the health company Theranos had made false claims of changing the conventional ways of blood testing. The story about a Standard dropout who once was the youngest billionaire is shocking the whole world. While many believed in her revolutionary ideas that were meant to change the way we saw the process of blood testing, it surely was not what it seemed like.
According to the claims made by the company giant, they will be developing testing methods that could use very small volumes of blood, such as from a fingerprint, and will completely change the way it was done earlier. Not only that, but the company has reportedly faked pharmaceutical validation reports to convince investors and partners. However, these claims have not only turned out problematic but false with no concrete base, and Elizabeth has been found guilty of fraud in 2022. We will finally find out all the details and lesser-known facts about who Is Billy Evans.
Who Is Billy Evans, Elizabeth Holmes’ Boyfriend?
Billy Evans is Theranos’ CEO Elizabeth Holmes’ alleged husband. They were engaged for a while and then reportedly tied the knot in 2019. The two have welcomed their first child together, which reportedly led to her trial getting delayed. While the pair have been notoriously private about their personal life given how controversial things have turned out for the CEO Of Theranos. Not much is known about Billy Evans, apart from the fact that his grandparents are the founder of Evans Hotel Group.
He reportedly studied at MIT and left his job in 2019. Still, some tabloids have managed to get hold of a few pictures of the two. Billy was seen fishing about his ladylove while calling her his best friend. He also took to social media to wish Elizabeth on her birthday. Billy Evans’ name has come up given how his partner’s fraud fiasco is being covered by almost all the tabloids.
Know More About Billy And Elizabeth’s Relationship
Given how Elizabeth Holmes has been facing major backlash for her big alleged scam that has affected several investors, it was rumored that Billy’s friends and family were not quite thrilled about the blooming romance. So much so that many tried to convince him how this could be the biggest mistake of his life. However, Billy Evans and Elizabeth have been going stronger than ever amidst all the scam rumors.
It was further reported back in 2019 that the pair were living in an extravagant San Francisco apartment. They were also co-parenting Elizabeth’s wolf, Balto. One of Billy Evans’ former colleagues revealed that Billy gave his ladylove his MIT signet ring to seal the deal.
Why Is Elizabeth Holmes Accused Of Fraud Charges?
The CEO of Theranos is looking at almost 20 years in prison as she has been convicted by a jury in California on not one but four counts of fraud! The once rising young billionaire soon started to face the repercussions of her company failing with lawsuits piling up and investors and partners slowly removing their support. Not only that, but Adam Rosendorff, who is a lab director at Theranos, claimed that he thought the company was going to be the next Apple!
Moreover, the US regulators banned Elizabeth from operating blood testing services. Now prosecutors are claiming that Elizabeth Holmes had deliberately misled her patients about the tests. Not only that, but had exaggerated the company’s performance to financial backers to conceal the mishappenings. However, we have to see whether Holmes pleads not guilty to all charges and what new revelation awaits. Her story has been seen as a cautionary tale and one of the worst nightmares in the history of fraudulent incidents.