Jury convicts former Theranos executive Ramesh ‘Sunny’ Balwani of 12 counts of fraud, now faces up to 20 years in prison
Former Theranos executive Ramesh “Sunny” Balwani was charged with committing wire fraud and conspiracy to commit wire fraud. Prosecutors accused the former chief operating officer of lying to investors and patients about the efficacy of the company’s blood-testing technology.
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