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    Prosecutors Call Theranos Ex-CEO Elizabeth Holmes A Liar And A Cheat As Trial Opens

    Defense lawyers say Holmes believed the company could screen for hundreds of diseases with just a finger prick of blood, a pledge that attracted millions of dollars in investment.
    by Bobby Allyn Sep 08, 2021 3 minutes

    Jurors in the fraud trial of Elizabeth Holmes heard vastly different portrayals on Wednesday of the onetime whiz kid who amazed Silicon Valley with promises of biotech breakthroughs at her company, Theranos.

    In a stinging opening statement on Wednesday, federal prosecutors described Holmes as a manipulative fraudster who duped investors and patients alike and knew the whole time that she was hoodwinking them.

    "This is a case about fraud, about lying and cheating to get money," said Assistant U.S. Attorney Robert Leach. "It's a crime on

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