Friday, December 24, 2021

Jury in Elizabeth Holmes trial hears replay of her boasts

Jurors in the fraud trial of former Theranos CEO Elizabeth Holmes returned to the courtroom Thursday to listen again to audio recordings that captured Holmes' brash promises about vaunted blood-testing technology that propelled her meteoric rise and scandalous downfall.

In those recordings from a December 2013 presentation to prospective investors, Holmes bragged about partnerships with established drug companies that hadn't panned out and potential U.S. military contracts that never materialized because of problems with Theranos' technology. She was unaware she was being recorded at the time.

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