Former Theranos COO is guilty of federal fraud

Former Theranos COO is guilty of federal fraud

2 years ago
Anonymous $0BkBa0cUPa

https://www.eastbaytimes.com/2022/07/07/former-theranos-coo-is-guilty-of-federal-fraud/

Ramesh “Sunny” Balwani, the former COO of failed blood testing startup Theranos and ex-boyfriend of founder Elizabeth Holmes, was found guilty of defrauding investors and patients.

Jury deliberations stretched for four full days following a lengthy trial that got underway in March with opening statements. Balwani was found guilty of ten counts of federal wire fraud and two counts of conspiracy to commit wire fraud.