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Elizabeth Holmes gets emotional under fire by a prosecutor | Work

San Jose, Calif. (AP) —Former entrepreneur Elizabeth Holmes is accused of criminal fraud against a fleeing investor and a customer of her failed blood test startup Theranos on Tuesday after being questioned by a prosecutor. I had a hard time remembering the important events I faced.

Her cross-examination began the day after she shared painfully vividly. Memory of abuse By her ex-girlfriend and business partner Sunny Balwani.

In between vague memory attacks, Holmes asks the federal prosecutor to read aloud some of the amorous texts she and Balwani exchanged while performing Seranos and living together in stealth. After asking for a romantic relationship, I cried at the witness stand.

“You are God’s idiot and warrior. Mr. Balwani persuaded Mr. Holmes in a 2015 document filed in court on Tuesday. Mr. Holmes immediately replied in the following text:” I Coming from the tiger means the whole universe to me. “

Holmes occasionally rubbed tears and wiped his nose with tissue while staring at the old text. The jury saw and heard in a packed court, including one from the back row who trained binoculars at Holmes.

The drama that unfolded the next day Holmes cast himself As a victim of the abusive and dominant behavior of Balwarney, who had a romantic relationship from 2005 to 2016. Balwani, 56, was Theranos Chief Operating Officer from 2009 to 2016, and Holmes, 37, was CEO and controlling shareholder.

As part of her testimony, Holmes said she was raped in Stanford — the traumatic she claimed to have been abused by Balwani to control everything from her diet to her friendship. experience.

Holmes and Balwani are now fighting criminal accusations that trick investors and patients into believing that Theranos has invented a device that can scan hundreds of potential health problems with a few drops of blood. After raising nearly $ 1 billion, Theranos collapsed in the face of a terrible flaw in the revolutionary technology she allegedly rowed.

The Holmes trial, which began in early September, is now heading for its climax. Holmes will return to the stand on December 7th. Her testimony could end the day, and the jury’s deliberations could begin by the end of next week.

Balwani, who is being tried separately, will appear in court early next year. His lawyer, Jeffrey Coopersmith, denied Holmes’ allegations of “intimate partner abuse.” Cooper Smith argued on Tuesday that if Balwani was called to testify in Holmes’ trial, he would claim his fifth amendment to self-incrimination, the Fifth Amendment to the US Constitution. ..

Holmes has been standing on the stand since November 19, but Tuesday was the first opportunity for a federal prosecutor to burn her under an oath.

Robert Reach, a government lawyer who confronts Holmes, did not mention Holmes’ rape charges or her testimony about Balwani’s beating her. Instead, he used approximately 12,000 texts sent between Holmes and Balwani to counter her claim to be more toxic than romantic.

At one point, Reach asked Holmes if the word “love” appeared 594 times in government-obtained texts and would be surprised if the word “love” was used 105 times. “No,” Holmes said with a smile.

But Holmes spent most of Tuesday answering reach questions about important events in startup history, “I don’t remember” and “I don’t know.” Your memory is generally modest, as he presented her with documents related to fraud one after another.

Reach seemed to be trying to prove that Holmes knew he knew he was making false statements to investors and Walgreens, and was easily using the Theranos blood test at the pharmacy.

Holmes’s apparent oblivion was in stark contrast to her clear recollection of her interaction with Balwani — some of them date back more than a decade.

But she also seemed to reflect her actions at Theranos.She how to respond to the concerns of two ex-employees and 2015 The Wall Street Journal published It helped lead to the collapse of Theranos.

“I couldn’t say any more that the way the Wall Street Journal process was handled was a complete disaster. It was really messed up,” he said.

Reporter John Kaleiro, who wrote an article in The Wall Street Journal and a book about the rise and fall of Theranos, sat behind the courtroom, taking notes on Holmes’ podcast about the trial.

Holmes also reported from two former employees, Erica Chan and Tyler Shultz, that the Theranos blood test device (called Edison) had inaccurate results that could jeopardize the patient’s health. I admitted that it was too fast to dismiss the warning.

“It’s true that hell wanted us to treat her differently and listen to her,” he resented after concluding that her dissatisfaction was ignored. Holmes of Chan, who left Theranos, said.

Schultz, the grandson of George Shultz, a former US Secretary of State and director of Theranos, resigned from Theranos in 2015 in a similar situation.

Both Cheung and Shultz became whistleblowers and provided Carreyrou with information about his journal story. After discovering that Cheung and Shultz were talking to Carreyrou, Theranos lawyer David Boies sent a letter to both threatening to sue them. Holmes claimed on Tuesday that he was trying to protect trade secrets.

Tactics have polluted Holmes’ relationship with George Shultz. George Shultz initially supported her, even after her grandson began to warn about Theranos’ technology.

George Shultz, who died earlier this year, was fed up after Theranos sent a lawyer to pressure Tyler to sign a nondisclosure agreement in May 2015. I’ve never seen anyone do that, “Reach said.

Holmes told Reach that he couldn’t remember exactly what George Shultz said during the conversation. “I remember George being angry,” she said.

Holmes can face up to 20 years in prison if convicted.

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Elizabeth Holmes gets emotional under fire by a prosecutor | Work

Source link Elizabeth Holmes gets emotional under fire by a prosecutor | Work

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