To expand upon this, Cholesterol is wrapped in lipoprotein, and pathogenesis is caused by malfunction of lipoproteins due to proximal oxidative and inflammatory effects upon them.
No, this is not true.
More info: https://www.ncbi.nlm.nih.gov/books/NBK326741/
Additionally, ApoB is an excellent biomarker of cardiovascular health risk.
Might just be semantic quibbling, though.