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DeVos lost millions in embattled start-up: report (256 hits)

DeVos lost millions in embattled start-up: report
By Josh Delk -- The Hill

Education Secretary Betsy DeVos's family has reportedly lost tens of millions of dollars from their investment in embattled medical-testing startup Theranos, according to newly-unsealed documents.

DeVos's family was among a list of prominent figures who lost a total of $600 million in investments in the blood-testing company now facing federal fraud charges, The Wall Street Journal reports.

The Education secretary's family invested $100 million in the company, according to the Journal, a figure not previously reported.

READ MORE: https://www.msn.com/en-us/news/us/devos-lost-millions-in-embattled-start-up-report/ar-AAwIIWd?ocid=spartandhp
Posted By: Deacon Ron Gray
Friday, May 4th 2018 at 5:01AM
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