Ramesh “Sunny” Balwani, the former president of Theranos Inc. and ex-boyfriend of its founder Elizabeth Holmes, was found guilty of fraud for his role in the collapse of the $9 billion blood-testing startup.The decision Thursday comes six months after Holmes was convicted of defrauding investors in the company, which promised to revolutionize the medical industry by using a few drops of blood to complete a wide array of health tests.Balwani faces as long as 20 years in prison on the charges.
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