from Hacker News

uBiome: The Biotech Startup That Became an FBI Target

by rajbot on 4/3/22, 3:52 PM with 1 comments

  • by rajbot on 4/3/22, 3:57 PM

    > uBiome was a biotech company that seemed to have it all. Idealistic leaders, a promising idea, and lots of venture capital funding. But eventually, the company had a spectacular downfall.

    > This March, uBiome's two leaders were charged with defrauding investors and insurers in a multimillion dollar scheme, and the government says they're fugitives.