Ex-Theranos founder Elizabeth Holmes set to face fraud charges
CBSN
The fraud trial of Theranos founder Elizabeth Holmes kicked off Tuesday with jury selection, casting a spotlight on the fallen Silicon Valley star. Holmes, a Stanford dropout who was once compared to Steve Jobs, faces felony charges alleging she duped elite financial backers, customers and patients into believing that her startup was about to revolutionize medicine.
Theranos' technology promised to run hundreds of medical tests using a single drop of blood, but it never lived up to expectations — and may never have worked at all. Once a jury is seated, the trial will begin in San Jose, California, with opening arguments scheduled early next week.More Related News
