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Sex, lies and Sunny Balwani: Theranos president criminal trial moved to March amid Covid surge

Theranos founder Elizabeth Holmes was tried separately last fall, and convicted by a jury Jan. 3 of three counts of wire fraud and one count of conspiracy. she faces a maximum of 20 years in prison and a $250,000 fine.

Ramesh ‘Sunny’ Balwani. (photo via Twitter)

The criminal trial of Ramesh ‘Sunny’ Balwani, who formerly served as president and chief operating officer of the multibillion dollar blood testing company Theranos, has been pushed out to mid-March, amid a surge of Covid infections, as the Omicron variant spreads across the U.S.

Balwani, 56, and Theranos founder Elizabeth Holmes, 37, have each been charged two counts of conspiracy to commit wire fraud and nine counts of wire fraud by the Justice Department based on allegations that they engaged in a multimillion-dollar scheme to defraud investors, and a separate scheme to defraud doctors and patients. The pair were romantically involved for more than 12 years.

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