EXPLAINER: Why Elizabeth Holmes' fraud case turns on intent | AP News

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EXPLAINER: Why Elizabeth Holmes' fraud case turns on intent | AP News
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The jury for the trial of former Theranos CEO Elizabeth Holmes will return to deliberations on Thursday. Holmes was charged with 11 felony counts of fraud and conspiracy in 2018. Here’s a look at the case, and the key question the jury is weighing.

In defending herself during seven days of often dramatic testimony on the stand, Holmes acknowledged making some bad decisions and mistakes. But she maintained that she never stopped believing Theranos was on the verge of a breakthrough that could redefine health care.

A jury of composed of eight men and four women is currently mulling whether to find Holmes guilty of the charges hanging over her future or to acquit. The jurors completed their their first full day of deliberations Monday without sending any notes to U.S. District Judge Edward Davila, who has been presiding over the trial since it commenced in early September. They will return to the courthouse in San Jose, California, on Tuesday morning.

It all came crashing down in 2015 and 2016 when revelations about Theranos’ testing flaws emerged in a series of articles in The Wall Street Journal and the findings of an audit by the Centers for Medicare & Medicaid Services.

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