Commentary · News For Subscribers Elizabeth Holmes and the Theranos Hoax: A 21st Century Ponzi Scheme By Robert Bradley January 27, 2020 · 10:44 PM EST · Updated January 16, 2025 12:31 AM · 13 min read read Advertisement If something seems too good to be true, it probably is. (American Proverb) If something seems too good to be true, it probably is. (American Proverb)… Advertisement Read Next Maura Healey's Parole Board Pick Draws Liberal Backlash Charlie Baker To Headline Fundraiser For Democrat Facing Republican In Bristol DA Race Maura Healey Signs Law Expanding Illegal Immigrant Protections Against ICE In Massachusetts Karen Spilka’s Ninth Year Shows Why Massachusetts Needs Term Limits