Sunny Balwani found guilty of defrauding Theranos investors and patients

Sunny Balwani, former Theranos president

Ramesh Balwani, the former business partner and romantic interest of Elizabeth Holmes, defrauded investors and patients of the blood testing company Theranos, a jury found today.

Balwani, who goes by Sunny, faced 10 counts of wire fraud and two counts of conspiracy to commit wire fraud. He was found guilty of all counts and faces up to 20 years in prison for each count.

Holmes was convicted of four counts of fraud against investors in January after a months-long trial. She was found not guilty on charges of defrauding patients.

Balwani joined Theranos in 2009 as president and chief operating officer. He also supervised the company's labs. Balwani initially met Holmes when she was 18, and they began dating after she'd already started the...

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