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Dec 7, 2022 · Mr. Balwani, also known as Sunny, was convicted in July of 10 counts of wire fraud and two counts of conspiracy to commit wire fraud. Judge Edward J. Davila of U.S. District Court for the Northern ...
Jul 7, 2022 · A U.S. jury on Thursday convicted former Theranos Inc President Ramesh "Sunny" Balwani of defrauding investors and patients about the blood testing startup that was once valued at $9 billion.
USA v. Balwani. Ramesh “Sunny” Balwani, former executive of health technology corporation Theranos, was charged along with Elizabeth Holmes with wire fraud, in violation of 18 U.S.C. § 1343, and conspiracy to commit wire fraud, in violation of 18 U.S.C. § 1349. The charges stem from Defendants’ allegedly deceptive representations about ...
Jul 7, 2022 · Theranos exec Sunny Balwani convicted of fraud. 7 July 2022. Theranos trial. Reuters. Balwani's company was once worth $9bn (£7.5bn), but was based on blood testing technology that did not work ...
Jul 7, 2022 · Former Theranos CEO Elizabeth Holmes guilty on 4 of 11 federal fraud charges 02:46. A jury on Thursday convicted former Theranos executive Ramesh "Sunny" Balwani of collaborating with disgraced ...
Dec 8, 2022 · In comparison, Holmes was convicted of four wire-fraud related counts and sentenced to a little over 11 years in prison last month.. His attorneys said in court Wednesday, as well as in court ...
Jul 7, 2022 · Theranos exec Sunny Balwani convicted of fraud. 7 July 2022. Share. Reuters. Balwani's company was once worth $9bn (£7.5bn), but was based on blood testing technology that did not work.
