Securities and Exchange Commission

Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of her fraud trial, outside Federal Court in San Jose, California. September 8, 2021. - California jurors tasked with deciding whether fallen biotech star Elizabeth Holmes is guilty of a stunning fraud or is herself a victim were set to hear opening arguments in her trial on September 8, 2021. Federal prosecutors in the heart of Silicon Valley have in their filings portrayed Holmes as a villain who swindled investors in the diagnostics company Theranos -- which she founded at age 19 -- with tests that did not work. (Photo by Nick Otto / AFP) (Photo by NICK OTTO/AFP via Getty Images)

Trial begins for Theranos founder Elizabeth Holmes

Opening arguments are set to begin on Wednesday in the case against Theranos founder Elizabeth Holmes. Holmes was credited as being a game changer in the medical industry, but is now facing federal charges of defrauding patients and investors over her now-defunct company.