Former Theranos exec Ramesh Balwani convicted of fraud

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The outcome puts Balwani and Holmes in similar situations. Holmes was convicted on four counts of investor fraud and conspiracy earlier this year. During that trial, Holmes tearfully accused Balwani of sexually and emotionally abusing her while the two were romantically involved. An attorney for Balwani has vehemently denied those charges. Both Holmes, 38, and Balwani, 57, face up to 20 years in ...

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