EXPLAINER: Why Elizabeth Holmes' trial hinges on intent

EXPLAINER: Why Elizabeth Holmes' trial hinges on intent

2 years ago
Anonymous $FNmJglWnLu

https://apnews.com/ba9b2e4d4bdca0be4ec2d310ae2957aa

SAN JOSE, Calif. (AP) — The high-profile trial of former Theranos CEO Elizabeth Holmes boils down to a single question: Did she cover up defects in her startup's blood-testing technology to rip off investors while potentially endangering the lives of unwitting patients?

Federal prosecutors charged Holmes, 37, with 11 felony counts of fraud and conspiracy in 2018 after Theranos collapsed under the weight of her bogus boasts about its technological prowess. She repeatedly claimed that Theranos had a new way to scan for hundreds of diseases and health problems using just a few drops of blood taken with a finger prick.