Ex-Theranos President Balwani Convicted Of All 12 Investor, Patient Fraud Counts

Mealey's (July 8, 2022, 10:36 AM EDT) -- SAN JOSE, Calif. — Former Theranos Inc. President and Chief Operating Officer Ramesh “Sunny” Balwani was found guilty July 7 by a California federal jury of all 12 counts of wire fraud and conspiracy to commit wire fraud for his role in the transfer of investor money, the transfer of blood-testing payments and the transfer of fraudulent blood-testing results....