Disgraced Theranos CEO Elizabeth Holmes Set To Go On Trial - NewsBreak

Elizabeth Holmes, former CEO of blood-testing company Theranos, is set to stand for trial Tuesday on charges of fraud and conspiracy to commit wire fraud. The Department of Justice (DOJ) indicted Holmes and her former business partner and ex-boyfriend Ramesh "Sunny" Balwani for nine counts of wire fraud and two counts of conspiracy to commit wire fraud in June 2018 related to alleged misrepresentations about Theranos' blood-testing technology made to investors. Both Holmes and Balwani pleaded not guilty.