I briefly recalled this story, but for the most part, it didn't find my radar when it was happening. Your article brought to reading the Wiki versions of this story.

My take on the Wiki story seemed to be a venture capital story that did not bear the results the investors were looking for. There may have been elements of fraud, but generally there seemed to be a product that was in development. Most of the funds went into development, not someone's offshore back account (from what I could gather).

The fact that Ms. Holmes managed to hold the fragile company together for so long speaks to her business skills.

But, yes, there appears to an imbalance of justice.