Attorney of Henry Kissinger put $6 million in Theranos due to Holmes
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Elizabeth Holmes, the former chief executive officer of Theranos was released from a federal court in San Jose after an ongoing status hearing.
Kimberly White| Getty Images
SAN JOSE, CALIF. — An ex-estate attorney explained to jurors that he had been a judge in SAN JOSE. Elizabeth Holmes’ criminal trialHe invested $6 Million in Theranos, after being introduced by Henry Kissinger (ex-Secretary General of State),
In week nine of trial, Daniel Mosley, who counts Kissinger among his clients, appeared on the witness stand. He stated that he was first informed about the blood-testing company in 2013 by Kissinger. Kissinger is one of many high-profile ex-government officials who took the stand on Tuesday. Theranos board
Mosely explained that Dr. Kissinger told him that Theranos was his board. He also said it was an interesting company. He said that it would be a great idea if you could take some time to get to know the company, and then give your opinions.
Mosley said that Holmes was seeking “high-quality family investments”. Mosley stated that he was evaluating potential investments for himself after his conversation with Holmes.
Mosley explained that he was looking at the document with intent to share my opinions with Dr. Kissinger. He also said that he liked it “personally”.
Holmes faces ten wire fraud charges and two conspiracy counts. Federal prosecutors say that Holmes and Ramesh Balwani conspired to defraud hundreds of million of dollars from investors and knowingly misled doctors and patients by claiming revolutionary blood-testing technology. Both of them pleaded not guilty.
Mosley was shown a binding that had been given by the prosecution. The binder contained the statements made by Theranos to investors. One slide read, “Theranos is fully validated in the span of seven years by 10 out of 15 major pharmaceutical companies with hundreds of thousand of assays processing.”
Mosley stated that he was aware it was risky and that he might lose his investment in the start-up. He said that he trusted the information he was given.
“Did he think that I thought I had incorrect information?” He said it to jurors. He said, “No.”
Other clients can introduce Theranos
Mosley claimed that Holmes was invited to meet him in 2014 with DeVos, Holmes, and Cox families, all of whom were his clients.
Mosley stated that he believed the company could do great things in the world if it was able to perform the type of testing described. Mosley stated, “And I was sure that clients would share my view.”
These families each invested millions in Theranos.
Mosley stated, “I told my introductions that Elizabeth was somebody I’ve met. I was impressed by her ideas and technology. This is someone I believed they would enjoy meeting.”
The testimony of Mosley continues Wednesday.
A man at the back of courtroom took a photo with his cellphone earlier in the day, interrupting the trial briefly. He was confronted by the courtroom deputy and requested that he delete the image. U.S. District Judge Edward Davila paused the proceedings and summoned the man to the front to admonish.
WATCH: Elizabeth Holmes criminal trial enters its ninth week
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