The case of the self-promoting Theranos chief charged with fraud is a thrilling US drama tinged with schadenfreude
The end point of unbridled self-belief went on trial in San Jose in California this week, as Elizabeth Holmes – founder of defunct health tech company Theranos, and former world’s “youngest self-made billionaire” – appeared in court accused of fraud.
After dropping out of Stanford at the age of 19, Holmes built a company that was valued, at its height, at $9bn (£6.5bn), and appeared on the cover of every news magazine in the land. On Wednesday, she sat with her legal team as an assistant US attorney accused her of being a liar and a cheat. It was a thrilling end to the kind of American drama that makes the non-billionaires among us feel good.
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