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Blood testing company Theranos's Chief Operating Officer Ramesh 'Sunny' Balwani has been found guilty by a federal jury in the US on all counts he was charged with related to a multimillion-dollar fraud scheme.
The federal jury found Balwani guilty of two counts of conspiracy and ten counts of wire fraud through a multi million-dollar scheme to defraud investors
Ramesh Balwani stays free on bond pending additional hearings. (File)
Federal jury in San Jose on Thursday found the Pakistan-born guilty of two counts of conspiracy and ten counts of wire fraud
NEW YORK, July 8: Blood testing company Theranos’s Chief Operating Officer Ramesh ‘Sunny’ Balwani has been found guilty by a federal jury in the US on all counts he was charged with related to a multimillion-dollar fraud scheme at the company founded by his former girlfriend Elizabeth Holmes, once touted as Silicon Valley’s rising star. The federal jury in San Jose on Thursday found Pakistan-born Balwani, 57, guilty of two counts of conspiracy and ten counts of wire fraud through […]