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EXPLAINER: the reason why Elizabeth Holmes fraudulence situation turns on intention

EXPLAINER: the reason why Elizabeth Holmes fraudulence situation turns on intention

Elizabeth Holmes walks into national judge in San Jose, Calif., saturday, Dec. 17, 2021. The lawyers for opposing sides in trial of former Theranos President are required to wrap-up their particular shutting arguments saturday, paving just how for a jury to begin their deliberations over criminal costs accusing their of turning this lady blood-testing startup into a huge con. (AP Photo/Nic Coury)

SAN JOSE, Calif. (AP) The high-profile instance of previous Theranos CEO Elizabeth Holmes, now before a jury, boils down to an individual matter: Did she hide defects in her own startups blood-testing development to rip-off buyers while potentially endangering the everyday lives of unwitting people?

National prosecutors billed Holmes, 37, with 11 crime matters of scam and conspiracy in 2018 after Theranos collapsed in weight of their fake claims about their scientific power. She repeatedly stated that Theranos have an alternative way to browse for numerous disorders and health issues using several spots caused by blood used with a finger prick.

That would have already been a dramatic change from the standard approach to drawing vials of bloodstream via needles put into people veins, after that transport them off to be tested by venture Diagnostics or Labcorp a process that may take weeks.