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The founder of Theranos, Elizabeth Holmes, is said to have given birth to her first child.
According to birth certificates obtained by ABC News, the former CEO and his partner, Billy Evans, had a son, William Holmes Evans, who was born July 10 in Redwood City, California.
THE REQUEST OF THE CEO OF THERANOS HOLMES FOR THE DELETION OF EVIDENCE IN THE TRIAL REFUSED BY THE JUDGE
Homes, 37, is currently awaiting his criminal trial and has pleaded not guilty to several counts of wire fraud and conspiracy to commit wire fraud.
Holmes’ pregnancy was first revealed in March, when her attorney and prosecutors filed court documents asking for her trial start date to be moved.
Elizabeth Holmes, Founder and CEO of Theranos, left, leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., Tuesday, May 4, 2021. (Nhat V. Meyer / Bay Area News Group via AP)
The trial – which has already been delayed several times due to the effects of the COVID-19 pandemic – begins at the end of the month in San Jose, California.
If found guilty, Holmes and former Theranos chief operating officer Ramesh “Sunny” Balwani could face up to two decades in prison and a fine of $ 250,000 plus restitution on each count.
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Holmes and Balwani were indicted in June 2018 and the charges against the couple stem from allegations they were engaged in a multi-million dollar scheme to defraud investors and a separate scheme to defraud doctors and patients. .
Balwani’s trial is scheduled to begin in January next year.
Theranos founder Elizabeth Holmes is making her first court appearance in over a year.
Northern California U.S. District Judge Edward Davila on Wednesday denied Holmes’ request to suppress certain evidence from the trial, including customer complaints, test results, and a report from the Centers for Medicare and Medicaid Services.
Holmes, once considered the country’s youngest female billionaire, lost control of her blood testing startup in 2018 when she agreed to pay $ 500,000 to settle charges she oversaw “massive fraud.” He is prohibited from holding an officer or director position in a public company for the next decade.
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The company, which she founded in 2003, ceased operations in September 2018.
FOX Business’s Stephanie Pagones and Brittany De Lea contributed to this report.
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