Former Theranos exec Ramesh Balwani convicted of fraud

Former Theranos exec Ramesh Balwani convicted of fraud

2 years ago
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https://apnews.com/d9fb19f13a1c930a6ff091dff10a0b5d

SAN JOSE, Calif. (AP) — 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 blood tests that could have jeopardized their health.

Former Theranos exec Ramesh Balwani convicted of fraud

Jul 7, 2022, 7:17pm UTC
https://apnews.com/d9fb19f13a1c930a6ff091dff10a0b5d > SAN JOSE, Calif. (AP) — 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 blood tests that could have jeopardized their health.