BusinessMonday 11.22.21

Elizabeth Holmes Testifies in Theranos Criminal Trial

The former golden girl of Silicon Valley now taking the stand in federal court. After months of listening as the U.S. government mounted a case against her, Theranos founder Elizabeth Holmes unexpectedly testified in her own criminal trial. Holmes faces 11 counts of wire fraud and conspiracy to commit wire fraud. Wire fraud is a felony that carries a maximum penalty of 20 years and potential fines.

The Daily Recount

ADVERTISEMENT