Media

Elizabeth Holmes said ‘Dropout’ star Amanda Seyfried was ‘playing a character I created’

Convicted Theranos fraudster Elizabeth Holmes said that Amanda Seyfried didn’t play her in the Hulu series “The Dropout” but instead played a “character” that she created.

Holmes, who is due to begin serving an 11-year prison sentence after she was found guilty of defrauding investors out of hundreds of millions of dollars, was featured in a controversial profile by The New York Times, whose writer, Amy Chozick, was accused of offering a sympathetic portrayal of a convicted criminal.

When Chozick brought up Seyfried’s portrayal of Holmes in the Hulu series as well as the rumor that Jennifer Lawrence pulled out of playing her in the film “Bad Blood,” Holmes told her: “They’re not playing me. They’re playing a character I created.”

Holmes told The Times that she created a public persona because she “believed it would be how I would be good at business and taken seriously and not taken as a little girl or a girl who didn’t have technical ideas.”

“Maye people picked up on that not being authentic since it wasn’t,” Holmes said.

Holmes told the Times that she preferred to be known as “Liz” rather than “Elizabeth.”

Social media users were angered over the weekend by Chozick’s 5,200-word feature, which mentions Holmes’ penchant for avoiding R-rated movies and her volunteering at a rape crisis hotline.

Amanda Seyfried portrayed Elizabeth Holmes in the Hulu dark comedy series “The Dropout.” AP
Holmes, who is set to begin an 11-year prison sentence for her role in the Theranos fraud, addressed Seyfried’s portrayal. HULU

“I was admittedly swept up in Liz as an authentic and sympathetic person,” Chozick wrote in the piece. “She’s gentle and charismatic, in a quiet way.”

Chozick added: “If you are in her presence, it is impossible not to believe her, not to be taken with her and be taken in by her.”

The Times story triggered an online backlash.

Who is Elizabeth Holmes and why is she going to jail?

Elizabeth Holmes is the founder and former CEO of Theranos — and a convicted fraudster.

In 2018, Holmes, along with Theranos’ former president Ramesh Balwani, encouraged doctors and patients to use the company’s blood testing services when they knew Theranos was incapable of consistently producing accurate and reliable results, according to the indictment.

The Securities and Exchange Commission pressed fraud charges against Holmes in March 2018, accusing Holmes of defrauding investors of more than $700 million through made-up claims.

Theranos and 34-year-old Holmes ran “an elaborate, years-long fraud in which they exaggerated or made false statements about the company’s technology, business and financial performance,” according to the SEC.

In January 2022, the mother-of-two was convicted of one count of conspiracy to commit fraud and three counts of committing fraud to individual investors, totaling more than $140 million.

Holmes reported to the women’s prison camp FPC Bryan in Texas on Tuesday to begin her 11-year sentence after attempting to overturn her conviction.

“Maybe this article would have been served more by a discussion of sociopaths,” tweeted political commentator Matthew Dowd.

“Nice to be a pretty white lady working your charm on a nyt reporter,” tweeted former CNN host Soledad O’Brien, who lashed out at Chozick as “consistently crappy.”

“They’re not playing me. They’re playing a character I created,” Holmes told The New York Times over the weekend. AP

Scott Budman, a journalist who covered the Theranos trial, wrote on Twitter: “The last line of the New York Times story is wrong.”

“It is possible to be in her presence and not completely believe her. Questioning is what we do for a living,” he wrote.

Another Twitter user wrote: “For every glowing puff piece you see trying to rehabilitate Elizabeth Holmes’s image, i want you to remember something… she personally approved a 15 month clinical trial using a device she knew to be useless, to measure cancer drug levels in the blood of terminal cancer patients.”

Holmes told the Times that she invented a persona so that people would take her seriously as a businesswoman. AP

Twitter user Sean Tuffy tweeted: “Ladies, get yourself a man who loves you as much as the NYT loves rehabilitating the reputation of white collar criminals.”

Holmes, who currently remains free on bail, was scheduled to begin her prison sentence on April 27, but a last-minute appeal filed by her lawyers delayed the start of her incarceration.

Federal prosecutors have 10 days to respond to the filing by Holmes’ attorneys contesting the federal judge’s order to start serving her sentence.

Holmes was found her guilty on four charges relating to defrauding investors last year. She was acquitted on charges of defrauding patients who took Theranos blood tests.

Holmes’ downfall was triggered by a Wall Street Journal investigation which revealed that Theranos’ blood tests could not perform many of the functions she claimed.