Elizabeth Holmes found guilty on four counts of fraud
The speed with which the jury has gone mirrors the slow pace of the case against Holmes and her company. The rare federal prosecution of a tech startup began in 2018, when Holmes was indicted for bilking investors out of hundreds of millions of dollars and claims that she deceived hundreds of patients and doctors.
The jury also saw text messages between Balwani and Holmes, where she referred to him as “my nirvana,” and they called each other mushy pet names like “tiger” and “tigress.” Balwani wrote to Holmes at one point, “I worship you.” In order to convict Holmes, the state needed to convince the jury that she’d intentionally deceived people about Theranos. Throughout the trial, the prosecution has maintained that Holmes was motivated by greed. She built her company on a series of lies, they claimed, in pursuit of a major payday and her dream of becoming the next Steve Jobs. “The scheme brought her fame, it brought her honor, and it brought her adoration,” Assistant U.S. Attorney Robert Leach said duringSept. 8.
, saying on the witness stand that looking back, she would have changed a few things — like her choice to add Pfizer’s logo to a report praising Theranos’ product. “I wish I had done it differently,” Holmes said. But she maintained the same stance as her lawyers, who said in their opening statement “.
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