Elizabeth Holmes’ fraud trial over Theranos draws to close

Published by
Reuters

By Jody Godoy SAN JOSE, Calif. (Reuters) – Prosecutors are scheduled to begin their final arguments in the trial of Theranos founder Elizabeth Holmes on Thursday and will urge jurors to convict the blood testing startup founder of fraud. Holmes, 37, is on trial in San Jose, California, in a case that has shed light on Theranos’ failed endeavor to revolutionize lab testing with small machines that used only a few drops of blood. Theranos was once valued at $9 billion and vaulted Holmes to Silicon Valley fame. Wealthy private investors including media mogul Rupert Murdoch invested millions in th…

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