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“Elizabeth Holmes, Sunny Balwani were ‘partners’ in fraud: feds” Federal prosecutors came out firing in the fraud trial of former Theranos executive Ramesh “Sunny” Balwani on Tuesday – alleging he and ex-lover Elizabeth Holmes worked closely together in a scheme to mislead investors about the blood-testing startup’s business. Federal prosecutor Robert Leach argued that Balwani…
“Ex-Theranos boss Sunny Balwani sells home he shared with Elizabeth Holmes” The posh home in northern California where disgraced ex-Theranos executives Ramesh “Sunny” Balwani and Elizabeth Holmes maintained their clandestine love affair for a decade has been sold. The house in the upscale Silicon Valley enclave of Atherton, Calif. was sold by Balwani this past…
“Elizabeth Holmes’ ‘abusive’ ex faces trial for Theranos ‘fraud’” For a while, it was always Sunny in Silicon Valley. From 2009 until 2016, Ramesh “Sunny” Balwani — then the boyfriend of Elizabeth Holmes and president of her buzzy Theranos, Inc. — seemed to be everywhere in his puffy-sleeved shirts: traveling the world on behalf of…
“#Why we can’t stop watching scammers: ‘Tinder Swindler’ to ‘Anna’” The con is on. In this, the Year of the Scammer, grift is king. Just weeks after America’s most captivating con artist Elizabeth Holmes was convicted of ripping off investors at her criminal trial, Netflix debuted two blockbuster shows about flagrant fraudsters. “The Tinder Swindler,”…
“#Theranos whistleblower toasted Elizabeth Holmes verdict” The ex-Theranos employee who blew the whistle on fraud at the blood-testing company where his grandfather — former Secretary of State George Shultz — was a board member says he popped a bottle of Champagne when he heard of Elizabeth Holmes’ conviction. Tyler Shultz said he felt vindicated after…
“#Elizabeth Holmes juror reveals reason he convicted Theranos scammer” One of the jurors in Theranos fraudster Elizabeth Holmes’ trial said the panel convicted her because as CEO, “everything went through her.” Wayne Kaatz, who served as juror No. 6 during the trial, said the jury decided Holmes was guilty of defrauding investors in the failed…
“#Joe Biden visited Theranos, called Elizabeth Holmes ‘inspiring’” Count President Joe Biden among the political elites who fell under the spell of Theranos and its founder Elizabeth Holmes, the former Silicon Valley star who was convicted of defrauding investors on Monday. Then-Vice President Biden visited Theranos’ California headquarters in 2015, sitting next to its turtlenecked…
“#Theranos founder Elizabeth Holmes found guilty on some fraud charges” A federal jury found Thernaos founder Elizabeth Holmes guilty of fraud on Monday. Holmes was unanimously found guilty of three counts of wire fraud and one count of conspiracy to commit wire fraud. She was found not guilty of four more charges and the jury…
“#Elizabeth Holmes jury fails to reach verdict as deliberations drag into sixth day” Jurors in Theranos founder Elizabeth Holmes’ fraud trial started their sixth day of deliberations on Wednesday, with Silicon Valley observers anxiously awaiting a verdict. Holmes is facing 11 fraud and conspiracy charges and up to 20 years behind bars for allegedly lying…
“#Jurors begin to weigh evidence in Elizabeth Holmes’ case” San Jose, Calif. — The jurors now responsible for assessing 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes are scheduled to begin their first full day of deliberations Monday. They have plenty of evidence to review after a three-month trial that captivated…