/Infamous Fraud of Elizabeth Holmes Begins Trial
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Infamous Fraud of Elizabeth Holmes Begins Trial

Holmes, now 37 years old, faces a total of 12 charges—two counts of conspiracy to commit wire fraud and 10 counts of wire fraud—for allegedly engaging in a multi-million dollar fraud scheme alongside Theranos’ former COO Ramesh “Sunny” Balwani, with whom she was romantically involved.

Facing up to 20 years in prison and a $250,000 dollar fine for allegedly deceiving investors, doctors and patients from 2010 to 2016, Holmes and Balwani have both pleaded not guilty and are standing trial separately (Balwani’s trial is set to begin January 2022).

Holmes’ trial was  for months due to the Covid-19 pandemic and the birth of her first child, but is set to begin Tuesday with jury selection, and could last between three or four months in total.

Her lawyers previously  they may seek a “mental disease” defense in her case, but appear poised to instead point fingers at Balwani, who Holmes plans to accuse of psychological, emotional and sexual abuse, according to a court filing unsealed Saturday whose contents Balwani already “adamently” denies.

Read more on Forbes.