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Criminal

Nov. 24, 2020

Lifestyle isn’t motive for fraud, Theranos’ founder’s lawyers say

Any chief executive’s lifestyle could substantiate claims they have a motive to commit fraud if evidence of Holmes’ wealth is admissible, defense attorney Amy M. Saharia, a Williams & Connolly LLP partner, wrote in a bevy of motions filed on Friday to bar certain evidence.

Lifestyle isn’t motive for fraud, Theranos’ founder’s lawyers say
Elizabeth Holmes, the founder of Theranos, in Palo Alto in 2015. (New York Times News Service)

Federal prosecutors' plan to introduce evidence of Theranos founder Elizabeth Holmes' wealth and spending habits is a "blatant appeal to class prejudice" that will bias the jury in her fraud trial, her defense attorney has argued.

Any chief executive's lifestyle could substantiate claims they have a motive to commit fraud if evidence of Holmes' wealth is admissible, defense Amy M. Saharia, a Williams & Connolly LLP partner, wr...

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