Elizabeth Holmes, one-time billionaire and media darling, goes on trial

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Elizabeth Holmes, founder and former CEO of Theranos, goes on trial on allegations of defrauding investors and patients. - CNBC

Jury selection in Holmes' trial will begin Tuesday and is expected to take at least two days, a process that typically takes less than a day in lower-profile cases. Opening statements are scheduled for Sept. 8 and the trial is expected to last 13 weeks.

Patients were given inaccurate test results relating to conditions such as HIV, cancer and miscarriages. Investors such as media mogul Rupert Murdoch, former Education Secretary Betsy DeVos, the Walton family offame, the Cox family, Patriots owner Robert Kraft and Mexican investor Carlos Slim became so enchanted with her they poured millions into Theranos.

O'Leary, who said about 20% of his investments have failed, didn't mince words when asked about the fallout from Theranos investors. "It's going to be highly scrutinized and the investors will be dragged back into the press again and shamed for it," O'Leary said. "I can guarantee you this, it will change nothing. When this is over whatever happens, it will happen again. I guarantee nothing changes in regards to investment in Silicon Valley."Instead of being an example of Silicon Valley's best, Theranos turned into a black eye for start-ups.

The documents reveal she plans to claim he psychologically, emotionally and sexually abused her. According to one filing, Holmes accused Balwani of throwing sharp objects at her, controlling what she ate, when she slept, how she dressed and monitoring her calls and text messages. Balwani denied the claims.

 

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CNBC

CNBC Mental illness is what I see here, sadly!😎

FireyTopaz CNBC Stealing $ is one thing but giving patients false test results is pure evil

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Elizabeth Holmes Might Claim Abusive Relationship in Theranos Fraud TrialThe biotech startup founder alleges in newly unsealed court documents a decadelong abusive relationship with the company’s former president that could figure in her defense; he denies any abuse. The judge better not buy this garbage. Can you imagine if a guy tried this shit? 😂 At some point 'troublesome menstruation' is going to clear this girl.
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Elizabeth Holmes Arrives To Trial With Prototype For Black Box That Will Prove Her InnocenceSAN JOSE, CA—Touting the piece of technology as revolutionizing the legal industry, Theranos founder Elizabeth Holmes reportedly arrived for the beginning of her trial for wire fraud Monday with a prototype for a black box that will prove her innocence. “Too often what we see in criminal cases like this is a rush to… Why don't they build her entire case out of the black box? 伊丽莎白·霍姆斯带着将证明她无罪的黑匣子原型出庭受审
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Elizabeth Holmes' trial is set to begin: Here's what you need to knowThe disgraced founder and former CEO of Theranos is set to go to trial this week, more than three years after being indicted on multiple federal fraud and conspiracy charges.
Source: CNN - 🏆 4. / 95 Read more »

Elizabeth Holmes Arrives To Trial With Prototype For Black Box That Will Prove Her InnocenceSAN JOSE, CA—Touting the piece of technology as revolutionizing the legal industry, Theranos founder Elizabeth Holmes reportedly arrived for the beginning of her trial for wire fraud Monday with a prototype for a black box that will prove her innocence. “Too often what we see in criminal cases like this is a rush to… Why don't they build her entire case out of the black box? 伊丽莎白·霍姆斯带着将证明她无罪的黑匣子原型出庭受审
Source: TheOnion - 🏆 724. / 51 Read more »

Elizabeth Holmes' trial is set to begin: Here's what you need to knowThe disgraced founder and former CEO of Theranos is set to go to trial this week, more than three years after being indicted on multiple federal fraud and conspiracy charges.
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