Theranos Founder Elizabeth Holmes’s Trial Begins
SAN JOSE, Calif.—After years of making promises it couldn’t keep, Theranos Inc. turned to fraud to keep money coming in the door, prosecutors told jurors during the opening statements of the highly anticipated criminal trial of company founder Elizabeth Holmes.
“Out of time and out of money, Elizabeth Holmes decided to lie,” said Robert Leach, an assistant U.S. attorney.
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