SAN JOSE, Calif — The lawyers for the opposing sides in the trial of former Theranos CEO Elizabeth Holmes are expected to wrap up their closing arguments Friday, paving the way for a jury to begin their deliberations over criminal charges accusing her of turning her blood-testing startup into a massive scam.
The case revolving around Holmes’ meteoric rise as a self-made billionaire and ensuing downfall into a disgraced entrepreneur has captivated Silicon Valley for the past three months as her long-delayed trial has unfolded. The 37-year-old Holmes is facing 11 felony counts of fraud and conspiracy. If convicted, she could be sentenced up to 20 years in federal prison.
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