Theranos founder Elizabeth Holmes was found guilty on Monday of conspiring to defraud investors in her blood-testing startup that she has built into a $9 billion company. A jury in San Jose, California, found Holmes guilty of four of 11 charges of fraud after seven days of deliberations, with each count carrying a maximum sentence…
Blood-Testing Tech Entrepreneur Elizabeth Holmes Found Guilty of Fraud and Conspiracy
January 4, 2022
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Fate of Elizabeth Holmes Will Soon Be in the Hands of Jurors
December 17, 2021
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SAN JOSE, Calif.—Lawyers for opposing sides in the trial of former Theranos CEO Elizabeth Holmes are expected to wrap up closing arguments Friday, paving the way for a jury to begin deliberations over criminal charges accusing her of turning her blood-testing startup into a massive scam. The case revolving around Holmes’ meteoric rise to become…
Theranos’ Holmes Testifies She Was Abused by Ex-Partner Balwani
SAN JOSE, Calif.—Theranos founder Elizabeth Holmes testified on Monday she was abused by her former romantic partner and Theranos executive Ramesh “Sunny” Balwani and that the relationship had a pervasive impact on her life during the time when she is accused of committing fraud. During her fourth day on the stand, Holmes, 37, occasionally choked…
Theranos Founder’s Defense May Turn on State of Mind: Experts
As Elizabeth Holmes’ fraud trial gets underway this week, lawyers for the former Silicon Valley entrepreneur may try to show she was a true believer in the blood-testing technology at her startup Theranos Inc, and never intended to defraud investors and patients, legal experts said. On Wednesday, federal jurors in San Jose, California will hear…
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