Elizabeth Holmes relies on her tight entourage of friends as fraud trial nears its end

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  • Businesshala has learned that Elizabeth Holmes is calling on Stanford’s former sorority sisters to participate in a fraud trial in support of her.
  • The friends would not reveal their identities when contacted at the courthouse.
  • Former friends tell Businesshala that Holmes is betting on himself to clear his name.

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SAN JOSE, Calif. – As Elizabeth Holmes testifies in her defense, she’s getting a little help from her friends.

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Businesshala has learned that Holmes has called former friends and sorority sisters from Kappa Alpha Theta at Stanford University and asked if they would go to court as a show of support. Not all of his friends have accepted the invitation. A source close to the matter told Businesshala that a friend held back because she was uncomfortable with the request.

Still, a small group of women – some from Holmes’ early days at Stanford – are a regular part of the former Theranos CEO’s crew, which is now growing as he stands on the stand.

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The friends, often photographed with Holmes outside the court, did not reveal their identity when asked. Social media executives overseeing the trial thought of one of these The ladies who accompanied Holmes were Vanessa Kirby, the actress who played Princess Margaret in “The Crown” on Netflix.

Asked outside the court if she was Kirby, she said, “I don’t even know who he is.” However last week, on his way to enter the courthouse, he told a reporter that her name was actually Vanessa. It was not true.

His name is actually Jackie Lamping. However, Lamping, who was in the same satire as Holmes at Stanford, has not depicted royalty on screen. According to her LinkedIn page, she is a marketing executive based in New York. It did not respond to Businesshala’s request for comment.

According to many legal analysts, the “seen with friends” strategy is actually quite common.

“Jurors are watching the behavior of those who come to support her,” said Katherine James, a Los Angeles-based trial consultant. “There is a strong belief that if you have people with you that the jury is going to like it will break it down on you.”

But the strategy may be against him.

“If I were Elizabeth Holmes, I would have been careful,” said Alan Turkheimer, a Chicago lawyer and trial consultant. “Of course, she’s going to try to show an image that resonates with the jury, but if they see that as any sort of manipulative trick to impress them, that’s totally It could backfire.”

Another friend who visits regularly has also avoided reporters’ questions about her name, only stating that she plays tennis and travels to San Jose for tests.

When a journalist asked his name, the woman replied “I do not remember.” With others in line early last week to enter court, she told Businesshala That she is originally from Croatia, but she was not aware of her identity.

Although a standoff with the reporters, the two women hug and chat frequently with Holmes in the hall during the break. His identity is not questioned for the first time that a member of Holmes’ camp has been less than exposed to the media.

At the start of the trial, her partner’s father, William “Bill” Evans, dressed casually at the jury selection and said that his name was “Hanson”. Evans sat in the back of the courtroom and said that he was only a spectator. Later he did not return to court NPR Revealed his identity.

Over the course of five days on the stand, Holmes has shown a semblance of remorse. For example, she told the jury “I wish I had done it differently,” when asked about adding drugmakers’ logos to Theranos Lab reports sent to investors.

A former close friend of Holmes, “I think she’s probably feeling like ‘I’ll beat this,’ she has a lot of optimism and a little bit of grief. I don’t feel that guilt based on my conversations with her.” Is.” , who spoke anonymously for fear of reprisal, said.

Lawyers for Holmes did not respond to Businesshala’s request for comment. While Holmes’ testimony took trial watchers by surprise, those who knew her told Businesshala that she wanted to control the narrative.

Another former friend, who knew Holmes well and spoke anonymously for fear of retribution, said, “She has an ego that no one can do as good a job as I can.” “My suspicion is that she did not intend to testify, but after looking at the trial she decided she was best suited to defend herself.”

Holmes, who was able to persuade sophisticated investors to raise $945 million for Theranos, is gambling that she would even be able to convince the jury that she made mistakes while she committed no crimes.

“He has 945 million reasons to believe in him and his ability to persuade,” the former friend said. “She can’t help herself, hold her mother’s hand and look at the circus she’s built around her, which she isn’t particularly close to and draws acquaintances from Stanford for a show of force.”

a former Theranos employee Who was close to Holmes, and also asked not to be identified because they are on the witnesses list, with Holmes probably insisting that she take the stand.

“She has a really high tolerance for stress and risk,” said the man who is believed to be a former friend. “That’s what entrepreneurs do. But Elizabeth would never do the kind of risks most of us take.”

On the stands, the jury and members of the public saw a different side of Holmes than what he portrayed as the CEO of Theranos. Prosecutors have noted discrepancies made by Holmes in earlier civil statements to investors, journalists and others.

Facing potential prison time, former friends of Holmes say she is betting on herself to clear her name.

As Holmes wrote in a note appearing to himself in court this week, “I know the outcome of every encounter.”

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