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Sunny Balwani verdict: Former Theranos president, ex-boyfriend of Elizabeth Holmes found guilty in federal trial

SAN JOSE, California – A federal court in San Jose has ruled in the trial of former Theranos President Sunny Balwani.

Balwani was found guilty, our sister station KGO reports.

The video shown is from a previous report.
This is an evolving story and will be updated.

Theranos founder Elizabeth Holmes’ ex-boyfriend faced 12 counts of wire fraud and conspiracy to commit wire fraud.

The jury began deliberating last week.

RELATED: Elizabeth Holmes Accuses Ex-Boyfriend and Theranos COO Sunny Balwani of Rape, Assault

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Former Theranos CEO Elizabeth Holmes returned to the booth Monday to reveal a new layer of defense: she was raped.

The trial comes after Holmes was convicted on four out of 11 counts.

The defense has argued that Balwani trusted Holmes’ vision but had no final authority over the deal.

The verdict is expected to be read at 11:20 a.m

This story evolves. Check for updates again.

RELATED: ‘Can’t cheat until you make it’: Bay Area experts weigh in on Elizabeth Holmes’ conviction

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Bay Area lawyers and tech experts are debating the sentencing of former Theranos CEO Elizabeth Holmes.

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https://6abc.com/sunny-balwani-verdict-trial-theranos/12027987/ Sunny Balwani verdict: Former Theranos president, ex-boyfriend of Elizabeth Holmes found guilty in federal trial

Alley Einstein

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