Theranos fraudster Elizabeth Holmes appears in trailer for ‘secret’ new documentary

Elizabeth Holmes, the founder and former CEO of the disgraced biotech company Theranos, was revealed as the subject of a new documentary that premiered during a secret screening at the Telluride Film Festival.

The A24-backed documentary You Can See Everything, directed by Nathan Fielder and Lance Oppenheim, was unveiled at the Telluride Film Festival’s Sunday TBA, a secret screening held each year in Colorado.

Holmes, 42, invited a film crew into her home 34 days before she was sent to prison for 11 years, according to the film’s logline.

In 2022, she was convicted on four counts of fraud for raising hundreds of millions of dollars by misleading investors about the technology behind her healthcare startup.

The company claimed it could conduct hundreds of blood tests using a single drop of blood obtained through a finger prick, but a series of investigative articles published by The Wall Street Journal exposed the fraud.

Rumors swirled for years that Fielder was interviewing Holmes, as the project was kept under wraps.

Cellphones were confiscated from attendees before the documentary was screened at the Herzog Theatre.

With word finally out about the tightly guarded project, an unsettling trailer was released.

Fielder and Holmes face each other for roughly a minute as they discuss whether she is being genuine while staring deeply into each other’s eyes.

‘I don’t have anything to deceive you on,’ Holmes tells the director.

‘Of course I’m not deceiving you. I’m engaging with you as a human being. Why would I deceive you? There’s no reason for me to do that.’

‘OK. All right. OK, good chat,’ Fielder replies. ‘You’re being real right now?’

‘I’m always being real,’ Holmes answers.

The fraudster reposted the trailer on X, adding that she is ‘always being real.’ 

The documentary’s reveal comes after Holmes began making pro-Trump and pro-Make America Healthy Again (MAHA) posts on X in August of 2025, marking a striking shift from the political views and public persona she previously projected on the platform.

Before resuming activity on X, Holmes’s account had been inactive since 2015. At the time, she frequently posted about prominent women including Rosa Parks, Marie Curie, Melinda Gates and Margaret Thatcher.

In 2016, the convicted fraudster hosted a high-profile fundraiser for Hillary Clinton at Theranos’ Palo Alto headquarters during Clinton’s presidential campaign against Donald Trump.

But starting in 2025, in a political landscape vastly different from a decade ago, Holmes appeared to court Trump supporters through her online posts.

In November of that year, she shared a Politico article about MAHA ’embracing’ her and wrote: ‘I have been working to Make America Healthy Again since 2004. 

‘I will continue to dedicate my life to improving healthcare in this beautiful country I call home. I don’t know if MAHA is embracing me, but I support its cause: healthier Americans.’

In October of 2025, as the Trump administration increased pressure on Venezuela, she replied to a post about an attack on a drug-smuggling vessel, writing: ‘How long until people claim it was a submersible fishing boat?’

In September, she replied to a post showing President Trump and Elon Musk sitting next to each other after their public falling out. ‘Time to come together,’ she wrote.

According to the US Department of Justice’s Office of the Pardon Attorney, Holmes sought a commutation of her sentence sometime in 2025. On the justice department’s website, her request is listed as pending. 

In criminal court, Holmes was convicted of wire fraud totaling more than $140 million and sentenced to a little more than 11 years in prison, according to the Department of Justice.

In civil court, she was charged with defrauding investors out of $700 million by the Securities and Exchange Commission.

Holmes’s posts and her request for a commutation could be viewed as an effort to secure an early release from the Federal Prison Camp in Bryan, Texas, after she lost an appeal of her conviction in May.

Her only options for release before December 30, 2031, are now a favorable decision from the Supreme Court in a final appeal, which experts say is unlikely, or a successful clemency plea to the Trump administration. 

Holmes’ strategy is not illogical, as Trump has pardoned or commuted the sentences of dozens of white-collar criminals who were convicted of fraud.

The Department of Justice’s website lists 114 people who were granted clemency by the president since the start of his second term.

Of those who were pardoned or received commuted sentences, 34 were convicted of various kinds of fraud.