![]() ![]() The two will face separate criminal jury trials over charges they lied to patients and doctors while bilking investors out of hundreds of millions of dollars. Holmes and Ramesh "Sunny" Balwani ran the now-defunct blood-testing start-up Theranos together as CEO and president - and for a time, as girlfriend and boyfriend. "Young entrepreneurs will say 'look what Elizabeth Holmes got away with, and she didn't go to prison for it.'" Carreyrou adds, "it's going to take a guilty verdict in this case to course-correct." ![]() He warns a not guilty verdict will set a dangerous precedent among start-up CEOs. You can't thumb your nose at regulators and authorities," Carreyrou said. "The message will be that you can't really do anything you want, you can't completely ignore rules and regulations. Despite the postponements, Carreyrou predicts Holmes will be convicted of wire fraud, and said that a guilty verdict in her trial will be a "major shot across the bow to entrepreneurs in Silicon Valley." In an interview with CNBC, Carreyrou shared his bold predictions on her criminal fraud trial, which is set to begin in August after several delays due to the coronavirus pandemic and her unexpected pregnancy. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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