Fraudster tales have made for excellent entertainment recently. We watched aghast as Billy McFarland brazenly duped cashed up millennials in Fyre and when terrifying ‘Dirty’ John Meehan swindled wealthy Debra Newell out of a good chunk of her funds.
The Dropout podcast tells another jaw-dropping story of greed and deception. It chronicles the downfall of Elizabeth Holmes and her company, Theranos. Dubbed “the next Steve Jobs”, Holmes set out to revolutionise the healthcare industry and in doing so, became the world’s youngest self-made female billionaire. But it all well very downhill as she gradually got outed as a fraud.
The extraordinary part of this story is who she took along for the ride. Some wealthy, powerful and seemingly very smart people got behind Theranos. This account of how Elizabeth Holmes fooled them all takes the old adage of ‘fake it ’til you make it’ to a whole new level.
Episodes are released weekly.