Elizabeth Holmes Sentenced To More Than 11 Years In Prison
The founder of the Theranos blood-testing company had been found guilty of defrauding investors.
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The founder of the Theranos blood-testing company had been found guilty of defrauding investors.
The founder of the Theranos blood-testing company had been found guilty of defrauding investors.
A jury has convicted former Theranos president Ramesh “Sunny” Balwani of defrauding investors and patients.
Justin Sullivan/Getty Images)(NEW YORK) -- A jury has convicted former Theranos president Ramesh "Sunny" Balwani of defrauding investors and patients in connection with his multi-billion-dollar blood-testing startup. Balwani, on Thursday, was found guilty on all 12 counts of fraud, for a scheme prosecutors alleged and have now proved he orchestrated alongside his former romantic partner and Theranos Founder Elizabeth Holmes. Balwani faced 10 counts of wire fraud and two counts of conspiracy to commit wire fraud. Holmes, who faced the same charges as Balwani, was convicted on four cou...
WBAL Radio 1090 AM - Former Theranos executive Sunny Balwani's fraud trial heads to jury