No. 2 Theranos Executive Found Guilty of 12 Counts of Fraud Ramesh Balwani, who helped his ex-girlfriend Elizabeth Holmes lead the failed blood testing start-up, was convicted on Thursday. They will likely be sentenced together.
Theranos Trial Starts for Ramesh Balwani, Elizabeth Holmes’s Ex-Partner Prosecutors say Ramesh Balwani worked hand in hand with Elizabeth Holmes, the Theranos chief executive, who was convicted of four counts of fraud.