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Elizabeth Holmes Jury Begins Deliberations in Fraud Trial (2)

Dec. 18, 2021, 12:52 AM

After three months and dozens of witnesses, Elizabeth Holmes’s fate will be decided by 12 jurors.

Closing arguments concluded Friday in the Theranos Inc. founder’s criminal fraud trial in San Jose, California. The jury received final instructions from the judge in the late afternoon and began its private deliberations.

The panel of eight men and four women must decide whether the 37-year-old entrepreneur is guilty of fraud and conspiracy charges filed in 2018, the same year that her blood-testing startup collapsed after previously reaching a valuation of $9 billion. Holmes is facing a maximum sentence of 20 years in ...