These ‘smoking guns’ led to Elizabeth Holmes’ conviction, juror says

These ‘smoking guns’ led to Elizabeth Holmes’ conviction, juror says


A jury’s decision to convict disgraced Theranos founder Elizabeth Holmes for defrauding investors hinged on two pieces of evidence that were identified as “smoking guns” in the case, one juror said.

Susanna Stefanek, also known as Juror No. 8, told the Wall Street Journal that key documents proved to be damning for Holmes’ case.

The first piece of evidence was a document that falsely gave the appearance that pharmaceutical giant Pfizer had formally endorsed Theranos’ technology.

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The second piece of evidence was a 2015 document Theranos provided to investors that projected $40 million in expected revenue through deals with pharmaceutical companies. However, prosecutors argued that no such contracts existed.

“There were just so many falsehoods on that sheet of paper,” Stefanek told

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