Elizabeth Holmes' defense team rests its case

2 years ago 386

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Nic Coury/AP

Elizabeth Holmes walks into the United States Federal Courthouse successful San Jose, Calif., Tuesday, Aug. 31, 2021. (AP Photo/Nic Coury)

Theranos Founder Fraud Trial

Posted at 1:41 PM, Dec 08, 2021

and past updated 2021-12-08 14:41:32-05

The defence squad for fallen Theranos laminitis Elizabeth Holmes rested its lawsuit Wednesday.

Holmes is presently connected proceedings for fraud.

According to the Associated Press, closing arguments are tentatively scheduled for Dec. 16-17.

The quality outlet reported that the 37-year-old is charged with 9 counts of ligament fraud and 2 counts of conspiracy to perpetrate ligament fraud. She faces up to 20 years successful prison.

Holmes has pleaded not guilty.

Holmes allegedly defrauded investors and patients by telling them she'd invented a instrumentality that could observe hundreds of diseases with a digit prick.

Things began to unravel for Holmes aft the blood-testing machine, dubbed Edison, produced inaccurate trial results and didn't enactment the mode she described it would.

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