Defense team rests in Elizabeth Holmes fraud trial – Press Telegram


San Jose, CA (AP) —

Entrepreneur Elizabeth Holmes, who collapsed on Wednesday, ends an attempt to convince the jury that he was not involved in the fraud while running the blood test startup Theranos, although he suffered from a failed business decision. I did.

It gave Holmes final decision among more than 30 witnesses who testified in a high-profile trial that began three months ago in the heart of Silicon Valley. The test technique had a dangerous flaw.

Judge Edward Davila of the US District Court declined the trial for a week to give time to refine the jury’s instructions in a complex case that began in Holmes three and a half years ago. 20 years if she was convicted.

Closing arguments are scheduled for December 16-17. Depending on the duration of these discussions, the jury may file a proceeding late December 17th and continue the proceedings in the week of December 20th.

Holmes, 37, pleaded not guilty to deceiving investors and patients for Theranos’ progress in aiming to perform hundreds of blood tests at a time with just a few drops of blood. Holmes testified in her defense for a total of seven days.

Her defense team has devoted more than 15 years of her life to Holmes in pursuing a faster, cheaper, and less invasive way to test blood samples and screen for illness. I explained as a person.

However, federal prosecutors portrayed her in the dark, and despite knowing that Theranos had almost gone bankrupt and that its extensively advertised blood test technology had failed, she was an investor, customer, and He portrayed the patient as a nifty entrepreneur who had deceived him for years.

Her trial is nearing its end months after detailed testimony from former investors, Theranos employees, and Holmes himself. Prosecutors and defense lawyers instead explain that she is a greedy villain who has misrepresented her way to the top, a victim of passionate vulnerabilities and abuse that has spent years shaking the medical industry. Did.

Her ex-girlfriend and business partner Ramesh “Sunny” Balwani, whom Holmes has accused of emotional and sexual abuse, has been banned from attending her trial but is facing herself early next year. .. His lawyer violently denied the charges of abuse.


This story has been modified to reflect closing arguments scheduled for December 16-17 instead of December 15-16.

Defense team rests in Elizabeth Holmes fraud trial – Press Telegram Source link Defense team rests in Elizabeth Holmes fraud trial – Press Telegram

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