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Elizabeth Holmes denies deception at her criminal trial

Elizabeth Holmes acknowledged making some mistakes as CEO of Theranos, a company she founded in 2003 when she was just 19.
Credit: AP
FILE - Elizabeth Holmes, founder and CEO of Theranos, left, leaves the Robert F. Peckham Federal Building in downtown San Jose, Calif., on Tuesday, May 4, 2021. The U.S. government rested its case in the trial of fallen Silicon Valley star Elizabeth Holmes on Friday, Nov 19, after spending more than two months trying to prove she bamboozled investors, patients and business partners into believing that her startup Theranos was about to reshape health care by using just a few drops for blood for tests that usually require vials of the stuff.(Nhat V. Meyer/Bay Area News Group via AP, File)

SAN JOSE, Calif — Biotechnology entrepreneur Elizabeth Holmes, a former billionaire accused of engineering a massive scam, expressed some remorse while on the witness stand Tuesday but denied trying to conceal that her company’s blood-testing methods weren’t working as she had promised. 

In her third day of testimony during the high-profile criminal trial, Holmes acknowledged making some mistakes as CEO of Theranos, a company she founded in 2003 when she was just 19. But she repeatedly emphasized that she made most of her decisions with the help of other executives and a respected board that included former cabinet members in various presidential administrations.

Read the full AP story here.

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