John Carreyrou predicts Elizabeth Holmes trial result

The writer of “Unhealthy Blood” is not completed telling the Theranos tale.

3 years for the reason that unlock of his bestselling e book, John Carreyrou is debuting a brand new podcast to discover the overall bankruptcy of former Theranos CEO Elizabeth Holmes. “Bad Blood: The Final Chapter” will apply the approaching trial of Holmes.

In an interview with CNBC, Carreyrou shared his daring predictions on her prison fraud trial, which is ready to start out in August after a number of delays because of the coronavirus pandemic and her sudden being pregnant. In spite of the postponements, Carreyrou predicts Holmes shall be convicted of cord fraud, and mentioned {that a} responsible verdict in her trial shall be a “primary shot around the bow to marketers in Silicon Valley.”

“The message shall be that you’ll’t in point of fact do anything else you wish to have, you’ll’t utterly forget about regulations and rules. You’ll be able to’t thumb your nostril at regulators and government,” Carreyrou mentioned.

He warns a no longer responsible verdict will set a deadly precedent amongst start-up CEOs. “Younger marketers will say ‘glance what Elizabeth Holmes were given away with, and she or he did not pass to jail for it.'” Carreyrou provides, “it will take a responsible verdict on this case to course-correct.”

Holmes and Ramesh “Sunny” Balwani ran the now-defunct blood-testing start-up Theranos in combination as CEO and president — and for a time, as female friend and boyfriend.

The 2 will face separate prison jury trials over fees they lied to sufferers and docs whilst bilking buyers out of masses of thousands and thousands of bucks. Holmes and Balwani have each pleaded no longer responsible.

Carreyrou tells CNBC a big a part of Holmes’ protection technique is also in charge Balwani. He predicts Holmes will take the stand and inform the jury that Balwani “held her in his mental grip, that he used to be an abusive boyfriend.”

CNBC reached out to legal professionals for Holmes and Balwani. They didn’t go back requires remark.

Holmes plans to name a psychologist who makes a speciality of dating trauma as a witness. Carreyrou, who spent years reporting on Holmes and what went on inside of Theranos, says he does not purchase the protection.

“In response to all of the interviews I did for my e book and further ones I have finished for the podcast, it is transparent they ran this corporate and allegedly perpetrated this fraud in combination as a pair,” he mentioned. 

“When they did not agree on one thing she had the last word,” Carreyrou mentioned. “So it makes it arduous for me to consider she used to be underneath his mental grip and that she had no volition of her personal.”

Watch the video to listen to extra from Carreyrou on his trial predictions, new proof he is acquired and his upcoming podcast.

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