Fallen tech star Elizabeth Holmes prepares to go on trial

A assemblage is being assembled to determine the destiny of Elizabeth Holmes, a erstwhile Silicon Valley prima facing felony charges of duping her elite fiscal backers and a high-powered committee of directors into believing she had invented a revolutionary blood-testing exertion that could observe hundreds of diseases with a digit prick.

The enactment process that began Tuesday sets the signifier for adjacent week's commencement of a proceedings revolving astir the emergence and autumn of Theranos, a startup that Holmes launched aft dropping retired of Stanford University her imagination of becoming the adjacent Steve Jobs.

She present is successful information of being remembered arsenic a con artist.

According to the Associated Press, Holmes' proceedings volition statesman successful San Jose, California, with opening arguments scheduled aboriginal adjacent week.

The AP reported that Holmes' startup rapidly unraveled due to the fact that the blood-testing machine, dubbed Edison, produced inaccurate trial results and didn't enactment the mode Holmes described it would.