Governor Ducey’s Theranos Pal Elizabeth Holmes Indicted for Wire Fraud

Phoenix, AZ—Democratic candidate for Arizona Governor Steve Farley released the following statement about the indictment of Theranos founder Elizabeth Holmes, a business owner Arizona Governor Doug Ducey strongly relaxed regulations for in an effort to attract the company’s business. State and Federal authorities later forced Theranos to cease operations and reimburse the 76,000 Arizonans who used its blood-testing services.

“Governor Doug Ducey has a long track record of giving fraudulent businesses carte blanche to come into our and test questionable technology on our citizens as if they were guinea pigs in a lab. When I’m governor, the abject lack of oversight by Ducey’s administration stops. I will make sure much-needed consumer protections aren’t written off as burdensome regulations.  We have to keep Arizonans safe.  We can’t have any more situations like Theranos or Uber,” said Democratic candidate for Governor Steve Farley.

During his time in the state legislature, Farley was one of two votes against loosening regulations to allow Theranos to conduct business in Arizona because of unclear answers from Holmes about her business practices.

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June 15, 2018