Theranos founder Elizabeth Holmes takes stand in criminal trial
By DW
22 November 2021 |
12:12 pm
Elizabeth Holmes defended herself against charges of deceiving investors and patients about her now-defunct blood-testing company. If convicted, Holmes faces up to 20 years in prison.
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With a new type of simple blood test, Elizabeth Holmes wanted to revolutionize the health care industry. Her company Theranos was a Wall Street darling until it was exposed as a fraud. Now she is on trial in California.
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The founder of medical testing startup Theranos, Elizabeth Holmes, has been painted as both a villain and an underdog on the first day of her fraud trial in California. She is accused of deceiving patients and investors with claims about technology that could screen for medical conditions with a few drops of blood.
22 Nov 2021
Elizabeth Holmes defended herself against charges of deceiving investors and patients about her now-defunct blood-testing company. If convicted, Holmes faces up to 20 years in prison.
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