Christian Holmes IV – Scammer Who Fathered A Scammer
Christian Holmes IV worked with his daughter Elizabeth Holmes in fraudulent dealings. In Hulu’s doc-series, they’ve shed light on Elizabeth & Christian Holme’s early life.
Read about the scammer Vinod Gupta here.
In case you don’t know, Elizabeth Holmes was the brains behind Theranos. This medical technology company made false claims of having a technology that minimized the amount of blood needed to run blood tests on patients. It raised billions of dollars but ended up being exposed.
Christian Holmes IV is married to Noel Holmes and they are both parents to Elizabeth Holmes. They were living in Washington DC when they had their daughter. During that time both of them worked on Capitol Hill. Noel was a policy aid while Christian worked in various government agencies.
Soon after, they moved from Washington DC to Houston, Texas. In Texas, Christian became the VP of a medical company called Enron which was busted for corporate fraud.
This collapse happened in December 2001. The FBI reported that the company declared bankruptcy soon after defrauding its investors. The crime was of so grave that the officials had to put together a special team called the Enron Task Force. This task force comprised IRS criminal investigators, FBI investigators, and prosecutors from the DOJ.
A total of $164 million were seized from this fraudulent company, this money was then used to reimburse the victims. 22 employees were involved in the crime and they were convicted.
Currently, Christian Holmes is working with The Boston Consulting Group as a senior advisor (since 2017).