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Balwani, a tech executive who reaped a $40 million windfall during the dot-com boom of the 1990s, faces a dozen counts of wire fraud and conspiracy to commit fraud.
Ramesh “Sunny” Balwani blamed his former flame and business partner, Elizabeth Holmes, for the controversy and collapse of Theranos at the start of his fraud trial in California, just months after she pointed the finger at him inside the very same courtroom.
Although she wasn’t in the courtroom, Theranos CEO Elizabeth Holmes loomed over the opening day of a trial that will determine whether her jilted lover and former business partner Ramesh “Sunny” Balwani was also her partner in crime. In opening statements Tuesday, a federal prosecutor depicted Balwani as an instrumental accomplice who helped Holmes pull…
SAN JOSE, Calif. (AP) — Although she wasn't in the courtroom, Theranos CEO Elizabeth...
Prosecutors portray ex-executive as accomplice in a health scam while defense paints picture of well-meaning businessman