Elizabeth Holmes' $4.5B fortune, luxury lifestyle 'created powerful motive' for fraud, prosecutors say

Prosecutors working the fraud case against blood-testing startup Theranos founder Elizabeth Holmes have fired back at the defense’s claim that her wealth and social standing are not relevant to the crime scheme, arguing that her six-figure salary, billion-dollar stake in the company and jet-setting lifestyle were motivating factors behind the alleged lies, court papers show. READ MORE