Betsy DeVos’s family misled by Elizabeth Holmes, Theranos in $100 million investment, rep testifies



Holmes, 37, is charged with 12 counts of wire fraud and conspiracy to commit wire fraud. If convicted, she faces up to 20 years in prison. She has pleaded not guilty and said she acted in good faith while running the company. In court documents before the trial began, her defense team accused her former boyfriend, Ramesh “Sunny” Balwani, who was Theranos’s chief operating officer at the time, of abusing and controlling her. Balwani, 56, has denied the claims and Holmes’s defense team has not brought them up during the trial. Balwani, who has also pleaded not guilty, faces a separate trial in 2022.



Source link

Latest

30 FPOs see over 2-fold jump in revenue in 2 years after SFAC intervention

About 30 farmer producer organisations (FPOs) in three states, including West Bengal, reported more than two-fold increase in their annual turnover in the...

The First Pfizer Paxlovid for COVID-19 Launched

According to Beximco Group, the tablet has been effective for reducing conditions that can cause extreme risks in COVID-19 patients. Interestingly, the effectiveness of the tablet is as much as 90 percent.

Victoria extends timeline, funding for inquiry into Australia’s Crown Resorts

Article content Australia’s Victoria state said on Friday it would give additional time and funding to the Royal Commission that is probing casino...

Chantel Jeffries wows in a skimpy black bikini while soaking up the sun on the beach in Miami

Chantel Jeffries flaunts her toned figure in a black bikini while...