Elizabeth Holmes trial: Defense team rests in Theranos fraud trial

San Jose, CA-Counsel in a criminal fraud trial for a fallen entrepreneur Elizabeth Homes took a break from the proceedings on Wednesday, reviewed the jury’s schedule, and set a few days to figure out when the jury could meet before and during the holidays.

Related: Former Theranos founder Elizabeth Holmes faces cross-examination in fraud trials

The judge confirms that closing arguments will begin on December 16th and 17th. The jury’s deliberations may begin on December 17th or the following week.

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.

Related: “Confident” Elizabeth Holmes testifies for the second time in Theranos fraud trial

She has been charged with two plots of wire fraud and nine wire frauds and can be sentenced to up to 20 years in prison.

Her defense team is a tireless worker who has devoted more than 15 years of her life to the pursuit of faster, cheaper, and less invasive methods for testing blood samples and screening for illness. I explained that there is.

Related: When Theranos’s amazing blood test claims began to be unraveled

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.

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Elizabeth Holmes trial: Defense team rests in Theranos fraud trial Source link Elizabeth Holmes trial: Defense team rests in Theranos fraud trial

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