Former Theranos exec Ramesh Balwani convicted of fraud
Summary by Ground News
Ramesh “Sunny” Balwani, Elizabeth Holmes’ former partner, was convicted on 12 fraud counts in the Theranos blood-testing fraud case. A jury on Thursday convicted former Theranos executive Ramesh “Sunny” Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley.
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Theranos exec Sunny Balwani convicted of fraud
He and fraudster Elizabeth Holmes ran the Silicon Valley company as a couple before its implosion.
U.S. jury convicts Theranos' Sunny Balwani of fraud
By Jody Godoy - A U.S. jury on Thursday convicted former Theranos Inc President Ramesh "Sunny" Balwani of defrauding investors and patients about the blood testing startup that was once valued at $9 billion. Balwani was convicted on two counts of conspiracy and 10 counts of fraud, a spokesman for the U.S. attorney's office confirmed. The jury in San Jose, California, handed down its