Topline Ramesh “Sunny” Balwani, the former Theranos executive who ran the disgraced blood testing company alongside Elizabeth Holmes, was convicted Thursday of fraud and conspiracy to commit wire fraud in federal court, according to several reports, after his ex-business partner and ex-girlfriend was found guilty on similar charges earlier this year. Former Theranos COO Ramesh … Read more
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. The 12 jurors found Balwani guilty on all 12 felony counts of defrauding both Theranos investors and the patients who relied on wildly unreliable … Read more
SAN JOSE, Calif. — In the latest chapter of the Theranos saga, Ramesh “Sunny” Balwani, the company’s former chief operating officer and ex-boyfriend of founder Elizabeth Holmes, was found guilty on all 12 criminal fraud charges. Balwani had no reaction as the verdict was read at the U.S. District Court in San Jose, California, and … Read more