Judge Edward Davila of the Northern District of California sentenced Ramesh "Sunny" Balwani to 155 months in prison and three years of probation. In March 2018, Balwani and Holmes were charged by the SEC with securities fraud, "raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about the company's technology, business, and financial performance". [6] On July 7, 2022, Balwani was found guilty on all counts. The cookie is used to store the user consent for the cookies in the category "Other. Who Is Ramesh Balwani's Wife? Nevertheless, Elizabeth got engaged with her now-fiance, William Billy Evans. This cookie is set by GDPR Cookie Consent plugin. [21] CMS regulators proposed a two-year ban on Balwani from owning or operating a blood lab after the company had not fixed problems within its California lab in March 2016. Furthermore, he and his ex-girlfriend, Elizabeth Holmes raised $700 million of investor money through Theranos. [1] He claims to have written thousands of lines of code; however, independent investigations could not verify this, and numerous Microsoft managers who were asked about him could not remember him. Ramesh Balwani married Keiko Fujimoto. Ramesh is enjoying an impressive net worth of around $85 million. Rameshs ancestry is Asian and as per his academics, he went to the University of Texas at Austin to study information systems. He is possibly single. On 02/14/2002 KEIKO FUJIMOTO filed a Family - Marriage Dissolution/Divorce lawsuit against RAMESH BALWANI. Later relocated to the United States in 1986 to pursue his studies. [32][33] Holmes met him in 2002 at age 18, while still in school. Balwani and Fujimoto resided in San Francisco prior to divorcing in December 2002. His wife is a Japanese artist but their wedding details are unknown. Even though he is currently single, we can not really say he lived his life as a single man. He was once married to Keiko Fujimoto. The cookies is used to store the user consent for the cookies in the category "Necessary". Theranos founder Elizabeth Holmes, now a mother of two, is asking to delay her 11-year sentence for felony fraud so she can be at home with her two young . Holmes isn't citing her two children as the only reason she should be allowed to stay out of prison during her appeal. We also use third-party cookies that help us analyze and understand how you use this website. Lakeland, Florida, police report 11 wounded in a drive-by shooting. She'd reportedly first met him during a college trip to Beijing when she was 18. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Ramesh Sunny Balwani, the former President and COO of a start-up Theranos was sentenced to 12 years and 9 months behind bars on Wednesday, December 7, 2022, know his net worth and education. He enrolled at the University of Texas at Austin where he received an undergraduate degree, majoring information systems and artificial intelligence. He stayed there until 1984, receiving an education the British colonialists had designated for "youths of good family". Commerce One, another high-valued business development software company, purchased the company in 1999. His birth name is Ramesh Balwani. In June 2018, The United States Department of Juswasgot accused by the United States Department of Justice for fraud and conspiracy. His net worth is said to be around $90 million as of 2022. Press Esc to cancel. That's all about Ramesh Balwani's height, age, weight and biography. NFL Player Damar Hamlin in Critical Condition after Collapsing on Field, Legendary Designer Vivienne Westwood Dies Aged 81, 10 Female IAS Officers who can inspire us. Then the prediction of 2019s by the District Court, the trial of them started. He then went to Stanford University to pursue a degree in chemical engineering but later fell out to concentrate on Theranos full-time, which he joined in 2009. There is no information regarding when the duo tied the knot but they separated in 2002. Who is Keiko Fujimoto, The Ex-Wife of Fraudster Ramesh Balwani? Details About Democratic US Senator Raphael Warnocks Children And His Win in Georgia Run-off Election, Check Who Is Hakeem Jeffries Wife And Know His Net Worth, Inflation Relief Checks Michigan: Grasp More Crisp Details, Stimulus Check-In January 2023: Find Out More Updates, Will SSI Get A Fourth Stimulus Check? Due to the lack of medical professionals on the companys board of directors and Balwanis actions, he had no expertise in biological sciences or medical devices, which created an issue. Keiko was once a prominent name in the Japanese television industry. Through this, he faced four claims for violations of the US Security Act. Similarly, the charges against Theranos also involved the companys dealings with the Food and Drug Administration (FDA). Theranos later claimed to have conceived revolutionary blood tests using very tiny quantities of blood for his false claims. Stay tuned for more updates on LatestinBollywood. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. In documents released early Saturday, Holmes' legal strategy was for the first time outlined by lawyers involved in the case: She intends to pin the blame on Ramesh "Sunny" Balwani, her former . Holmes had a long relationship with Ramesh "Sunny" Balwani, a senior Executive at Theranos before she got married to Evans. What is the net worth of Ramesh Balwani? Where is Elizabeth Holmes Ex-Girlfriend Now? He is a businessman and former president and chief operating officer by profesion. Ramesh Balwani Ex Wife Keiko Fujimoto Wiki, Biography, Age, Spouse, Net Worth, Fast Facts by Anne Tyler The scandalous split of Japanese-American craftsman Keiko Fujimoto and businessman Ramesh Balwani might, in any case, be new to many people's psyches. Even if the defendant truthfully answers "No," a mistrial is probable because the question itself has misled the jury, and no amount of re-direct can overcome the (false) implication. A stray shower or thunderstorm is possible. While Holmes was convicted on 4 counts, Balwani was convicted on 12 counts last week. Keiko Fujimoto is known being the Ex-wife of infamous businessman Ramesh Balwani. Ramesh Balwani is 56 years old. Now, Theranos founder Elizabeth Holmes is charged with fraud", "Blood, Fraud and Money Led to Theranos CEO's Fall From Grace", "Who Is Sunny Balwani? 2 Ramesh Sunny Balwani https://t.co/ZhP8Ute9K4 via @WSJ #RameshBalwani #ElizabethHolmes #Theranos #Fraud, CelebrityFind (@CelebrityFind) June 15, 2018. Keiko after her divorce worked as an announcer television mini-series Unfair in 2006. By the time she was married to Ramesh and enjoying a lavish lifestyle with him. The name of Sunny Balwani's wife is Sushma Balwani. He states that he could not have defrauded investors because he never made any money. Ramesh Balwani Net Worth. You can email the site owner to let them know you were blocked. He has been asked to hand over his net worth, stock trading, and personal communication to US Securities, investigating him and Theranos CEO Elizabeth Holmes for a fraud lawsuit. [17], Balwani joined Theranos in 2009. As of wiki 2022, Sunny Balwani has an estimated net worth of $84 million at the age of 57. Ramesh "Sunny" Balwani was jailed for almost 13 years . As per a report by NBC news, the Prosecutor in the case revealed that the businessman conspired with Holmes, with whom he was romantically linked to deceive investors of Silicon Valley. The criminal fraud trial of Ramesh "Sunny" Balwani, the ex-boyfriend of convicted Theranos founder Elizabeth Holmes and a top executive at the blood-testing company, is expected to begin Tuesday in California after a series of COVID-19 related delays. Keiko Fujimoto Wikipedia: Children And Family Details They eventually parted ways, though. }; Talking about his personal life, there is no detailed information about his parents and family members. Ramesh Balwani's income source is mostly from being a successful Former. U.S. files criminal charges against Theranos founder Elizabeth Holmes and No. Begins at 1:20", https://en.wikipedia.org/w/index.php?title=Sunny_Balwani&oldid=1142409862, (2) counts of conspiring with Holmes, (6) counts of defrauding investors and (4) counts of patient fraud (2022), This page was last edited on 2 March 2023, at 06:32. According to online resources, Balwani stands at the height of5 feet 7-inch height and weighs 68 kg. About His Ex-wife, Keiko Fujimoto and Personal Life. Ramesh Balwani Wife Keiko Fujimoto Balwani was in a romantic relationship with Elizabeth Holmes during his tenure at Theranos.Holmes met him in 2002 at age 18, while still in school. His zodic sign is not clear. Source: Bloomberg. The CMS had suggested that a two-year ban should be imposed on Balwani from owning or operating a blood lab as the company could not rectify the issues in their California lab. They married in his 19s age. The employees described him as an overbearing and uncompromising person. pic.twitter.com/Py0CR5QvmO, Genevieve Roch-Decter, CFA (@GRDecter) December 7, 2022. [35][36] She also claimed that during her romantic relationship with Balwani, which lasted more than a decade, he was a very controlling figure and that he berated and sexually abused her. Keiko Fujimoto is a Japanese artist. These cookies will be stored in your browser only with your consent. Then in 2003, he started a romantic affair with Elizabeth Holmes who was the founder and CEO of Theranos. Elizabeth Gives Birth To 2nd Child As She Tries To Avoid Prison. 'https' : 'http'; Has Tension risen Between President Joe Biden and Vice President Kamala Harris? They used to live together in San Francisco before their divorce in Dec 2002. Ramesh "Sunny" Balwani was born on June 13th, 1965(age 56 years) in Pakistan. Their marriage is not well-documented. Then his family moved to the United States. His Net worth has decreased to $0 at the present. In July 2000, Balwani sold his shares in Commerce One, netting nearly $40 million shortly before the company went out of business, just before the dot com bubble burst. But he cashed out his shares in Commerce One after Commerce One introduced CommerceBid, gathering about $40 million. As of 2018, he used to work for Theranos. He was the second most important figure in the collapse of Theranos and its fraudulent claims to investors, that they had devised a revolutionary blood test that used very small amounts of blood such as that from a fingerstick. Ramesh Sunny Balwani is an American businessman and convicted fraudster, who recently got sentenced to 13 years for his illegal business operations. Likewise, the company was compelled to invalidate all the test results from the machines for 2014 and 2015 in April 2016. In addition, Ramesh has not revealed any details on his cars, assets, or any other source of revenue. Your IP: You can email the site owner to let them know you were blocked. Theranos claimed to have developed a groundbreaking blood test that relied on very little volumes of blood, such as that obtained from a fingerstick. Presently, the company, Theranos has vanished. Ramesh also has a history of dating Elizabeth Holmes. The other main character from this real-life saga is Ramesh "Sunny" Balwani, the Theranos founder's business partner and ex-boyfriend. Moreover, his eyes are dark brown, his hair color is dark brown, plus he has a medium skin complexion. He was thus living a luxurious life with his girlfriend Elizabeth Holmes with his Fraudulent money. However, as per some of the report, the former pair split in 2002. After a while he moved to work with Microsoft as a sales representative. As per the decision of March 2021, Rameshs trial will start after the trial of Holmes i.e. Keiko Fujimoto is the ex-wife of businessman Ramesh Balwani. The (SEC) said that Balwani made false statements about Theranos not needing FDA approval or clearance. He joined the University of Texas in Austin where he obtained his undergraduate degree, specializing in information systems and artificial intelligence. [1] Balwani speaks Sindhi, his native language and Urdu, Hindi and English. Furthermore, Balwani has a history of dating Elizabeth Holmes. Ramesh Balwani Wife (Keiko Fujimoto), Where Is Elizabeth Holmes Ex-Girlfriend Now?, Ethnicity, Family, Net Worth & More. Eventually their family moved back to India and later migrated to the United States. Click to reveal Very little is known of Mr. Balwani, including why he. He was 19 years older than Holmes and married at the time.Their relationship was not disclosed to their Theranos investors. Caption: Ramesh Balwanis wife (Source: Dresher). [27] In March 2020, a U.S. District Court Judge ordered that Balwani will stand trial separately from Holmes. During Balwani's tenure at Microsoft he worked in sales. Furthermore, his both eye color and hair color are black. Cloudy. exitPopMobile: true, The action you just performed triggered the security solution. To that effect, they also scammed everyone, including their key investors and clients. In the Spring 1987 semester, Balwani began undergraduate studies at the University of Texas at Austin as an international student where he was a member of the Pakistani Students Association. He ran the company's day-to-day operations as its president. The couple moved in together in 2005 but got . Ramesh Balwani started a romantic relationship with Elizabeth Holmes when he was in the company Theranos. Balwani is born to a Hindu family on 13 June 1965 in Pakistan and later moved to India because being Hindu it is difficult to survive in Pakistan. https://thesportsgrail.com/ramesh-sunny-balwani-age-family-wife-education-net-worth-now-in-2022/, Ramesh Sunny Balwani, the former President and COO of a start-up Theranos was sentenced to 12 years and 9 months behind bars on Wednesday, December 7, 2022, know his net worth and education. Besides this, there is no information regarding her other measures. Ramesh's second ex-wife, Elizabeth Holmes, recently accused the businessman of physically and mentally abusing her. Former Theranos President and COO Ramesh "Sunny" Balwani smiles after a hearing at a federal court in 2019. In her testimony, Ms. Holmes has accused Mr. Balwani of emotionally abusing her and controlling her, suggesting that she was manipulated. He lives a rich lifestyle along with his family in a beautiful house resides in Mumbai, India. It soared in valuation after the company claimed to have revolutionized blood testing by developing methods that could use surprisingly small volumes of . Copyright 2021 The republic Monitor All Right Reserved. Ramesh Balwani Family and Net Worth Ramesh Balwani is an American businessman who is the former president and chief operating officer of Theranos has a Net Worth of $85 Million. On Thursday, her ex-boyfriend and former second-in-command, Ramesh "Sunny" Balwani, was also found guilty of fraud by a separate jury. During his time in Theranos,he had difficulty dealing with the operation as he was not from a medical background. The Age of Ramesh Balwani is Sixty Four (64) years , As on 2018. Albany, GA (31701) Today. Though, they separated. [13][15] In 1999, the company was purchased by Commerce One, another business development software company with a high valuation. Ramesh also has a history of datingElizabeth Holmes. Their marriage lasted for a few time and Keiko divorced him in December 2002. Balwani and his lawyers have denied the abuse claims, calling them "salacious and inflammatory" and remain firm that Holmes was the final decision-maker of the company, not Balwani. The action you just performed triggered the security solution. The SEC made the allegation against him was, he concentrated on developing software for Theranos technology and managing personnel and operationsand collaborated closely with [Holmes] and made decisions about the company together.. In 2002, when Holmes was 18 years old and still in school, they met. He was not trained in any biological sciences or medical devices. This couple split in December 2002. 3 min read. Balwani joined the new companys board of directors when the takeover was completed totally with shares. The prosecutors in the trial alleged that both Holmes and Balwani took deliberate measures to conceal their relationship. Ramesh Balwani was once married to Japanese artist Keiko Fujimoto. He even had never received any training in biological sciences and medical devices, and this soon began to cause problems. American businessman and former president, chief operating officer of Theranos. Ramesh Balwani married Keiko Fujimoto, a Japanese artist, and they ended up divorcing in 2004. He was convicted on 12 fraud-related charges. Despite having less to no experience in the field of biotechnology, Balwani joined Theranos. This cookie is set by GDPR Cookie Consent plugin. He was a 37-year-old South. Also find all Bollywood Movie Information related to release date, Reviews, Web Series Information and celebrities, gossips, and entertainment news. She was in her senior year of High school. However, Balwani claims that he is not guilty as charged and he shall fight in court for the wrong charges, as told by his attorney in March 2019. [16], The Wall Street Journal reported in October 2015 that the Edison blood testing device by Theranos produced inaccurate medical diagnoses and results. We have no details of Ramesh Balwanis family. Reflecting upon his career, Balwani had worked for Lotus software and Microsoft before founding Commercebid. He received a sentence of 12 years 11 months in prison, plus three years of probation on December 7, 2022. var s = d.createElement('script'); s.type='text/javascript';s.async=true; Ramesh "Sunny" Balwani (born c.1965)[3] is an American convicted fraudster,[4] businessman and former president and chief operating officer of Theranos, which was a privately held health technology company founded by his then-girlfriend Elizabeth Holmes. Founder and CEO Elizabeth Holmes was sentenced to 11 years last month. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Ramesh Balwani Family, Net Worth, Parents, Wife, Children, Marjan Rintel Net Worth, Wiki, Family, Parents, Salary, Bio & More, Yousef Alhorr Net Worth, Family, Parents, Wife, Children, Wiki Bio, Austin Kevitch Family, Net Worth, Parents, Wife, Ethnicity, Wiki, Jacob Busch Net Worth 2022, Salary, Family Wealth & Bio. Balwani played a major role in the rise and collapse of the . They met in Berkeley, California, in 2003, when Holmes was a Senior High School student of 18 years old. [19] Edison machines frequently failed quality-control checks and produced widely varying results, a finding that was corroborated in a report released in March 2016 by the federal Centers for Medicare and Medicaid Services (CMS). Before establishing CommerceBid, Ramesh worked for Microsoft and Lotus Software. Moreover, he is focusing on his career and future settlement. The U.S. Securities and Exchange Commission (SEC) filed charges of massive fraud against Balwani, Theranos, and Holmes on March 14, 2018. In official documents from the late 1990s, and on divorce papers from 2002, he was known as Ramesh, his given name. Caption: Ramesh Balwani was charged with massive fraud involving Theranos. Not only this, but he was also the former president and chief officer of Theranos. Their marriage lasted for a few time and Keiko divorced him in December 2002. Former Theranos executive Ramesh "Sunny" Balwani, center, walkes to federal court with his attorney Mark Davies, Friday, Feb. 17, 2023 in San Jose, Calif. Balwani returned to federal court Friday . At present, Theranos founder Elizabeth Holmes and former COO Ramesh Balwani are charged and trailed for massive fraud by the Securities & Exchange Commission. Ramesh Balwani married Japanese artist Keiko Fujimoto, but they divorced in 2004. View more / View less Facts of Ramesh Balwani. Balwani was 37. You all are thinking that when he is an American businessman and former president, chief operating officer of Theranos then how much he earns and what is the net worth of Ramesh Balwani. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. For those who are unfamiliar with the situation, let us tell you, the Chief Operating Officer of Theranos, falsely claimed that their companys product could diagnose any illnesses with a few drops of blood with a finger prick. In 2004, Balwani divorced his wife and moved into an apartment in 2005. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. While he was at Berkeley, he met Elizabeth Holmes. Type above and press Enter to search. Youtube: Theranos' Elizabeth Holmes indicted on wire fraud charges. Whereas the US District Court Judge, Edward Davila stated during Balwanis sentencing, They misled investors, they misled patients, in San Jose, California. [24] Balwani departed from his position at Theranos in May 2016. Balwani was in a romantic relationship with Elizabeth Holmes during his tenure at Theranos. According to the workers, he was overbearing, uncompromising, and demanding. Keiko Fujimoto's Ex-Husband Ramesh Balwani is to Serve a 20-year Jail Term. How long was Olivia married to John? The company Theranos was revealed Sunny fraud and he is spotted due to the Elizabeth Holmes trial that will start next week. At present, Balwani is living very much of a single life. Lets explore his relationship with his partner in crime, Elizabeth Holmes. var qs = Object.keys(params).reduce(function(a, k){ a.push(k + '=' + encodeURIComponent(params[k])); return a},[]).join(String.fromCharCode(38)); Keiko Fujimoto, the ex-wife of famed businessman Ramesh Balwani, is a former American-Japanese artist. He took birth in Sindh, Pakistan. Click to reveal Do you think these sentences are about right? Ramesh Balwani married Keiko Fujimoto, a Japanese artist, and they ended up divorcing in 2004. According to the sources Keiko is currently living in her hometown in Japan. By clicking Accept, you consent to the use of ALL the cookies. Another false claim included claiming a $100 million revenue stream in 2014 that was actually $100,000. And also due to his behavior, he has been through controversies. Furthermore, Balwani has a history of dating Elizabeth Holmes. Also, the pair never revealed the actual reason for their separation. Threatens Crippling Sanctions", "She was 'the next Steve Jobs'. Find the latest Bollywood News and Celebrity Gossips from Latest In Bollywood. They later disclosed they're not together anymore. Also Read:Adrienne Bankert Bio, Salary, Net Worth, Husband & Parents. Moreover, their no-one knew of their romantic relationship until Holmes revealed it during her 2017 deposition. [29] On July 7, 2022, Balwani was found guilty on all counts and faced up to 20 years in prison and millions of dollars in restitution. Ramesh Balwani- Professional Life, Career. Due to different professional and personal problems they ended up their relationship. Here we discuss Ramesh Balwanis Wife Keiko Fujimoto. After marrying him she moved to America and lived a lavish lifestyle with him and gained American citizenship. Ramesh Balwani started a romantic relationship with, Elizabeth Holmes when he was in the company Theranos, American businessman and former president, chief operating officer of Theranos, then how much he earns and what is the net worth, Ramesh Balwani. Balwani and Holmes were in a relationship until his tenure at Theranos. He is around 57 years old now. The 57-year-old businessman was found guilty for 12 counts of Wire Fraud and Conspiracy to commit wire fraud and his role in the failed blood-testing start-up. [1] It was a software development company that helped businesses buy and sell items via auctions over the burgeoning Internet. Balwani and Holmes were criminally charged by federal authorities for operating the business as a multi-million-dollar scheme to defraud investors and patients. Ramesh Balwani has been accused of sexual harassment and assault. Keiko Fujimoto is known being the Ex-wife of infamous businessman Ramesh Balwani. Ramesh Balwani was born in 1965 in Pakistan as Ramesh Sunny Balwani. Who Is Jaylen Smith City Of Earle Arkansas Mayor, His Age, Family, High School, Job. Later on, his family moved to India because being Hindu in Pakistan was difficult to survive. Fujimoto's ex, Ramesh Balwani, is embroiled in legal disputes. Keiko Fujimoto is a Japanese television personality born and raised in Japan. Required fields are marked *. Ramesh Balwani is a former president and CEO of Theranos, a privately held health technology firm created by his then-girlfriend Elizabeth Holmes. [13] He spent another four years in a computer science graduate program at Stanford University, but dropped out in 2008. Holmes, now 37, grew tearful as she testified that she was raped at Stanford, a factor she believes played a role in what she characterized as her later subservience to Balwani, now 56. Likewise, Balwani used to talk beyond his knowledge which was quite noticeable to the workers. According to the Dresher, Rames enjoys an impressive net worth of around $85 Million as of 2018. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Keiko Fujimoto is a Japanese artist. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. Why is he a virtual ghost? Learn how your comment data is processed. Your email address will not be published. They both meet for the first time while schooling in 2002 when he was just 18 years. And most importantly, the defense of Balwani is that at Theranos, he never made any cash. Ramesh used to work for Theranos as a CEO till 2018. For those who are unfamiliar with Balwani, let us tell you, the convicted businessman was born in Sindh, Pakistan in 1965 in a middle class Sindhi Hindu family. Balwani was married to the Japanese artist, Keiko Fujimoto and they both resided in San Francisco until they divorced in 2002. Balwani was at Berkeley for his MBA and Holmes was a senior in high school.. Ramesh Balwani holds American nationality. There is no information regarding when the duo tied the knot but they separated in 2002. Starting in 2015, Theranos was chastised in the media for making dubious claims and procedures. Similarly, his behavior toward Theranos employees was also problematic. Stephanie Hinds, the United States Attorney announced on Wednesday. })(document); University of Texas at Austin University of California, Berkeley. More than two months after Theranos founder and former CEO Elizabeth Holmes was . Explore More In Detail. Performance & security by Cloudflare. The name of his mother and his fathers name is not revealed but they were Sindhi Hindus. The two met in 2003 while Holmes was still in school and 18 years old whereas Balwani was a year senior to her as well as married to Keiko Fujimoto. He then earned a masters degree in Business Administration at California, Berkeley. In 1986, he moved to the U.S. to pursue his studies. She rose to fame as Ramesh Balwani's ex-wife. Ramesh Sunny Balwani Wife, Marriage & Chidren Sunny Balwani has married to a business woman. Keiko Fujimoto, a Japanese artist, was his wife. The cookie is used to store the user consent for the cookies in the category "Performance". ALSO READ: Who Is Jaylen Smith City Of Earle Arkansas Mayor, His Age, Family, High School, Job, Indian-American Bhatia slips to 11th as Atwal misses cut in Puerto Rico, Gavaskar calls three demerit points for Indore Test wicket little harsh, ponders over pitch for Ahmedabad, Delhi Capitals captain Lanning, Marizanne share thoughts ahead of their first WPL match, WPL could offer a path to India Team for youngsters, says Gujarat Giants captain Beth Mooney. He did not disclose his personal life information and wants to keep his information private. 210.65.88.143 Ramesh "Sunny" Balwani was sentenced on Wednesday, December 7, 2022 to 155 months (12 years, 11 months) in federal prison for fraud that risked patient health by misrepresenting the accuracy of Theranos blood analysis technology and that defrauded Theranos investors of millions of dollars. But he still worked as president of Theranos, which was a blood-testing company. Elizabeth Holmes, 37, says she is not responsible for decisions she made as head of the company because her mind was impaired by "manipulation" from Ramesh "Sunny" Balwani, 56, the chief. Then in 2003, he started a romantic affair with Elizabeth Holmes who was the founder and CEO of Theranos. Balwani divorced his spouse in 2004 and moved in 2005 to an apartment with Holmes.