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Quick takeaways
- Sunny Balwani's conviction highlights individual accountability in fraudulent schemes.
- Contrasting outcomes between Balwani's and Holmes' trials raise questions about shared responsibility in fraud cases.
Deep dives
Conviction of Sunny Belwani in Fraud Case
Sunny Belwani was convicted of 12 counts of criminal fraud in one of the biggest medical fraud cases in recent history. The jury rejected his excuse that the downfall of the blood testing company, Theranos, was due to Elizabeth Holmes. Both Belwani and Holmes were accused of defrauding patients and investors with false claims about their blood testing technology.
