Watch: As Elizabeth Holmes stands trial on fraud charges, catch up on the Theranos saga
Elizabeth Holmes was poised to become the next college-dropout-turned-tech-billionaire. But there was only one problem: Her technology didn’t work.
Holmes, the founder of the blood-testing company Theranos, will now finally stand trial for allegedly defrauding doctors, patients, and investors. She and her business partner and ex-boyfriend, Ramesh “Sunny” Balwani, were indicted by a federal grand jury in June 2018. The trial was originally scheduled for summer 2020, but was postponed multiple times because of the coronavirus pandemic and Holmes’ pregnancy.