What we learned this week in the trial of Elizabeth Holmes
CNN
As the criminal trial of Theranos founder Elizabeth Holmes entered its third month this week, much of the focus continued to be on how the failed blood-testing startup was able to attract investments from several wealthy families.
Daniel Mosley, an investor who helped facilitate more than $400 million worth of funding into the failed blood-testing startup, was one of four new witnesses to take the stand this week. He said he was introduced to Holmes and Theranos through his longtime client, former Secretary of State Henry Kissinger, and went on introduce Holmes to a who's who of prominent households.
Holmes, once hailed as the next Steve Jobs, is facing a dozen federal fraud charges over allegations that she knowingly misled investors, doctors, and patients about her company's blood testing capabilities in order to take their money. Holmes has pleaded not guilty and faces up to 20 years in prison.
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