Sunny Balwani and the Theranos saga’s final chapter

Sunny Balwani, Elizabeth Holmes’s former lover and business partner, has been convicted for his role in the building of a multibillion-dollar fraud at Theranos

Sunny Balwani, former president and chief operating officer of Theranos
Balwani was an ambitious, canny and street-smart man, eager to make his mark
(Image credit: © David Paul Morris/Bloomberg via Getty Images)

Nearly eight years after serious concerns were raised about Theranos’s blood-testing technology, the final chapter of the legal saga has closed. Following a 13-week trial, Ramesh "Sunny" Balwani, the former lover and business partner of Theranos founder Elizabeth Holmes, has been convicted on all 12 fraud charges brought against him (compared with Holmes’s four counts) – including a charge of “defrauding patients” that Holmes escaped when convicted in January. “Defence attorneys depicted Balwani as a loyal soldier” who had “tried to save the company,” which, at its height, was worth $9bn, says The Guardian. The jury was having none of it.

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Jane writes profiles for MoneyWeek and is city editor of The Week. A former British Society of Magazine Editors editor of the year, she cut her teeth in journalism editing The Daily Telegraph’s Letters page and writing gossip for the London Evening Standard – while contributing to a kaleidoscopic range of business magazines including Personnel Today, Edge, Microscope, Computing, PC Business World, and Business & Finance.

She has edited corporate publications for accountants BDO, business psychologists YSC Consulting, and the law firm Stephenson Harwood – also enjoying a stint as a researcher for the due diligence department of a global risk advisory firm.

Her sole book to date, Stay or Go? (2016), rehearsed the arguments on both sides of the EU referendum.

She lives in north London, has a degree in modern history from Trinity College, Oxford, and is currently learning to play the drums.