Sunny Balwani

{{short description|Former president and COO of Theranos}} {{use mdy dates|date=July 2022}} {{Infobox criminal | name = Ramesh Balwani | birth_date = {{birth date and age|1965|06|13}}<ref name="Sommerlad">{{cite news |url=https://www.independent.co.uk/news/world/americas/ramesh-balwani-elizabeth-holmes-theranos-b1966863.html |title=Ramesh Balwani: Who is Elizabeth Holmes' ex at the heart of the Theranos trial |date=30 November 2021 |first=Joe |last=Sommerlad |newspaper=The Independent}}</ref> | birth_place = Sindh, Pakistan<ref name="Raghavan" /> | other_names = Sunny Balwani | education = University of Texas at Austin (BS)<br />University of California, Berkeley - Haas School of Business (MBA)<br />Stanford University | known_for = {{plainlist| *Former president and COO of Theranos * Criminal fraud}} | spouse =  | partners = Elizabeth Holmes (2003–2016) | criminal_charge = | conviction_penalty = 12 years and 11 months | conviction_status = Incarcerated since April 20, 2023 | conviction = 2 counts of conspiring with Holmes, 6 counts of defrauding investors and 4 counts of patient fraud (2022) | trial = United States v. Elizabeth A. Holmes, et al. | trial_start = | trial_end = | reward_amount = | capture_status = | wanted_by = | wanted_since = | time_at_large = | escaped = | escape_end = | comments = | victims = | date = | time = | beginyear = | endyear = | country = | states = | locations = | targets = | fatalities = | injuries = | weapons = | apprehended = | imprisoned = Federal Correctional Institution, Lompoc II | module = | signature = | signature_size = | signature_alt = | footnotes = }} '''Ramesh''' "'''Sunny'''" '''Balwani''' (born June 13, 1965)<ref name="Sommerlad"/> is a businessman who was the former president and chief operating officer of Theranos, which was a privately held health technology company founded by his then-girlfriend Elizabeth Holmes. He and Holmes fraudulently represented that they had devised a revolutionary blood test that required only small amounts of blood, such as from a fingerstick. Both Balwani and Holmes were convicted of fraud.<ref>{{cite news|author=Wile, Rob|title=Former Theranos executive Sunny Balwani gets nearly 13 years in prison for his role in company's fraud|url=https://www.nbcnews.com/business/business-news/former-theranos-executive-sunny-balwani-sentenced-fraud-conviction-rcna60512|work=NBC News|date=December 7, 2022|access-date=December 7, 2022}}</ref> The consequences of the fraud led to the collapse of Theranos and the loss of billions of dollars to investors.<ref>{{cite news |author=Levine, Matt |date=March 14, 2018 |title=The Blood Unicorn Theranos Was Just a Fairy Tale |work=Bloomberg L.P. |url=https://www.bloomberg.com/view/articles/2018-03-14/theranos-misled-investors-and-consumers-who-used-its-blood-test |access-date=June 17, 2018}}</ref>

Starting in 2015, Theranos came under criticism in the media due to its questionable claims and practices. The company was eventually liquidated. Balwani and Holmes were criminally charged by federal authorities for operating the business as a multi-million dollar scheme to defraud investors and patients. Holmes was found guilty and sentenced to 11 years and 3 months in prison.<ref>{{Cite web|last=Primack|first=Dan|date=2022-03-25|title=Trial begins for ex-Theranos exec Sunny Balwani|url= https://www.axios.com/theranos-exec-sunny-balwani-trial-553d689d-0dd9-405c-bb68-e824ac7b36bd.html|access-date=2022-04-09|website=Axios|language=en}}</ref> Balwani was found guilty on all counts,<ref name="Rosenblatt">{{cite web|last=Rosenblatt|first=Joel|date=2022-07-07|title=Theranos ex-President Sunny Balwani found guilty of fraud|url=https://www.bloomberg.com/news/articles/2022-07-07/theranos-jury-has-reached-verdict-in-sunny-balwani-fraud-trial?srnd=premium|access-date=2022-07-07|website=Bloomberg}}</ref> and was sentenced to 12 years and 11 months, plus three years of probation and surrendered on April 20, 2023.<ref name="Goswami">{{cite web|access-date=7 December 2022 |url=https://www.cnbc.com/amp/2022/12/07/former-theranos-coo-sunny-ramesh-balwani-sentenced-for-fraud.html|title= Former Theranos COO Sunny Balwani sentenced to nearly 13 years in prison|first1=Rohan |last1=Goswami|work=CNBC|date=December 7, 2022 }}</ref><ref>{{Cite news |date=2022-12-07 |title=Sunny Balwani: Former Theranos executive gets nearly 13 years in prison |language=en-GB |work=BBC News |url=https://www.bbc.com/news/world-us-canada-63895825 |access-date=2022-12-08}}</ref> Holmes and Balwani were further ordered to pay $452 million to the victims of the fraud, with responsibility for the payment shared between them.<ref name="Godoy">{{cite web |url=https://news.yahoo.com/finance/news/court-denies-elizabeth-holmes-request-021033063.html |first=Jody |last=Godoy |date=May 16, 2023 |work=Yahoo! News |agency=Reuters |title=Theranos founder Holmes loses bid to stay out of prison, hit with huge restitution bill}}</ref> Balwani was portrayed by Naveen Andrews in the 2022 miniseries ''The Dropout'', which documented his relationship with Holmes and his role within Theranos.<ref name="Dropout">{{Cite news |last=Aurthur |first=Kate |date=3 March 2022 |title='The Dropout' Star Naveen Andrews on Sunny Balwani's Relationship With Elizabeth Holmes: 'Sunny Is Lady Macbeth!' |work=Variety |url=https://variety.com/2022/tv/news/the-dropout-naveen-andrews-sunny-balwani-1235194745/ |access-date=23 March 2022}}</ref>

== Early life and education == Ramesh Balwani was born in Sindh, West Pakistan, into an upper middle-class Sindhi Hindu farming family.<ref name=dunn>{{cite web |url=https://abcnews.go.com/Business/theranos-remarkable-blood-test-claims-began-unravel/story?id=61173853 |title=When Theranos' remarkable blood-test claims began to unravel: 'The Dropout' episode 5 |work=ABC News |author=Taylor Dunn |date=March 14, 2019 |access-date=March 16, 2019 |quote=He was born in Pakistan to a Hindu family, and eventually the family had to move to India because being a Hindu in a mostly all-Muslim country of Pakistan was very difficult. (Balwani's Personal Lawyer)}}</ref><ref name="Raghavan">{{cite web |url=https://www.theinformation.com/articles/the-other-sunny-balwani |title=The Other Sunny Balwani |work=The Information |first=Anita |last=Raghavan |date=March 11, 2022 |access-date=May 30, 2022}}</ref><ref>{{cite news|url=https://www.theedgemarkets.com/article/tech-rise-and-fall-elizabeth-holmes-and-theranos|title=Tech: The rise and fall of Elizabeth Holmes & Theranos|work=The Edge Markets|date=26 June 2018|access-date=12 October 2020|first=Assif|last=Shameen|archive-url=https://web.archive.org/web/20180702100921/https://www.theedgemarkets.com/article/tech-rise-and-fall-elizabeth-holmes-and-theranos|archive-date=2 July 2018|url-status=live}}</ref> He attended Aitchison College, a prestigious boarding school in Lahore, until 1984.<ref name="Raghavan" /> Balwani speaks Sindhi, Urdu, Hindi and English.<ref name="Raghavan" />

His family eventually moved to India "because being a Hindu in a mostly all-Muslim country of Pakistan was very difficult" according to Balwani's personal lawyer.<ref name=dunn/> Later they immigrated to the United States. 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.<ref>{{cite book |url=https://repositories.lib.utexas.edu/handle/2152/62472 |title=Cactus Yearbook, 1988 |publisher=The University of Texas at Austin |year=1988 |page=317 |doi=10.15781/T2G44J66H |access-date=February 22, 2020|author1=University Of Texas At Austin }}</ref><ref name=stat>{{cite web |url=https://news.yahoo.com/investigators-fingerprints-over-financial-crimes-083042002.html |title=Investigators say his fingerprints are all over financial crimes at Theranos. Why is he a virtual ghost? |work=Stat |via=Yahoo! News |author=Rebecca Robbins |date=March 19, 2018 |access-date=December 28, 2018}}</ref><ref name="Raghavan" /> "He was very patriotically Pakistani," said one friend of Balwani's at the time, "He was one of us."<ref name="Raghavan" /> Balwani left the campus sometime after 1991 to begin working; he would eventually complete a degree, but not until 1997 with a bachelor's in information systems.<ref name=stat/><ref name="Raghavan" />

Despite research into the question by ''The New York Times'', it is unknown when, or why, he took the nickname "Sunny". In official documents from the late 1990s and on divorce papers from 2002, he was known as Ramesh, his given name. By 2012, he was signing papers at Theranos as Sunny Balwani.<ref>{{cite web |url=https://www.nytimes.com/2021/11/23/technology/who-is-sunny-ramesh-balwani.html |title=Here's what to know about Sunny Balwani |work=The New York Times |author=David Streitfeld |date=November 23, 2021 |access-date=March 23, 2022}}</ref>

== Career == In the 1990s, Balwani worked for Lotus Development and Microsoft. During Balwani's tenure at Microsoft he worked in sales.<ref name="Raghavan" /> 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.<ref name="Raghavan" /> While at Microsoft, he met a Japanese artist, Keiko Fujimoto, who became his wife.<ref name="Raghavan" />

In late 1999, he joined CommerceBid.com as president.<ref name="Raghavan" /> It was a software development company that helped businesses buy and sell items via auctions over the burgeoning Internet.<ref name=stat/><ref>{{cite news|url=https://www.nytimes.com/1999/11/06/business/company-news-commerce-one-buys-commercebid-for-stock-and-cash.html|title=Commerce One Buys Commercebid for Stock and Cash|agency=Bloomberg News|work=The New York Times|date=November 6, 1999}}</ref> In 1999, the company was purchased by Commerce One, another business development software company with a high valuation. The buyout was done entirely with stock,<ref name=stat/> and Balwani joined the board of the new company. 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.<ref name=stat/><ref name="BadBlood"/>{{rp|88}} He later went back to school and received a Master of Business Administration from the Haas School of Business at University of California, Berkeley in 2003.<ref name=stat/> He spent another four years in a computer science graduate program at Stanford University, but dropped out in 2008.<ref name=stat/>

While enrolled at Berkeley, Balwani, who was 37 at the time, met Elizabeth Holmes, who was 18 and in her senior year of high school.<ref name="BadBlood"/>{{rp|87,89}} Holmes pursued an undergraduate degree in chemical engineering at Stanford,<ref name="BadBlood"/> but later dropped out to focus full-time on Theranos.<ref>{{cite news|url=https://www.inc.com/larry-kim/21-surprising-facts-about-the-world-s-youngest-female-billionaire.html|title=21 Surprising Facts About Billionaire Entrepreneur Elizabeth Holmes|author=Kim, Larry|work=inc.|date=July 1, 2015|access-date=June 17, 2018}}</ref>

== Theranos == thumb|Theranos logo Balwani joined Theranos in 2009. He ran the company's day-to-day operations as its president.<ref name=cbs>{{cite news|url=https://www.cbsnews.com/news/the-theranos-elizabeth-holmes-deception/|title=The Theranos deception|website=CBS News|date=May 20, 2018|access-date=June 17, 2018}}</ref> He had no training in biological sciences or medical devices,<ref name=cbs/> which became an issue due to the absence of medical experts on the company's board of directors and Balwani's behavior. He was described by former Theranos employees as overbearing, uncompromising and so concerned about industrial espionage that he verged on paranoia.<ref name="BadBlood"/>{{rp|204}}

Within Theranos, Balwani was known for using technical terms he seemingly did not understand in what others believed were attempts to appear more knowledgeable.<ref name="BadBlood">{{cite book |first=John |last=Carreyrou |author-link=John Carreyrou |title=Bad Blood: Secrets and Lies in a Silicon Valley Startup |date=21 May 2018|publisher=Knopf Doubleday Publishing Group|isbn=978-1-5247-3166-3}} Note: the British edition of ''Bad Blood'' incorrectly gives Balwani's country of origin as India.</ref>{{rp|205}} Balwani at one point claimed "This invention [the Edison blood testing device] is going to be way up there, um, with – with the discovery of antibiotics."<ref name=cbs/> He once misheard "end effector" (the claw or other device at the end of an automated robot's arm) as "endofactor" (a nonsense word) and repeated the error throughout a meeting, furthermore not noticing when "Endofactor" was subsequently used as a prank in a PowerPoint presentation.<ref name="BadBlood" />{{rp|205}}

''The Wall Street Journal'' reported in October 2015 that the Edison blood testing device by Theranos produced inaccurate medical diagnoses and results.<ref>{{cite news|url=https://www.wsj.com/articles/theranos-has-struggled-with-blood-tests-1444881901?mod=djemalertNEWS#:ohYu_3eTy8I3wA|title=Hot Startup Theranos Has Struggled With Its Blood-Test Technology |work=The Wall Street Journal |last=Carreyrou |first=John |author-link=John Carreyrou |date=October 16, 2015|access-date=June 17, 2018}}</ref> 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).<ref name=wsjShook>{{cite news|url=https://www.wsj.com/articles/theranos-whistleblower-shook-the-companyand-his-family-1479335963|title=Theranos Whistleblower Shook the Company—and His Family |last=Carreyrou |first=John |work=The Wall Street Journal |date=November 18, 2016|access-date=June 17, 2018}}</ref> In April 2016, Theranos told regulators it had voided all test results from Edison machines for 2014 and 2015, as well as some other tests it ran on conventional machines.<ref name=wsjShook/>

In January 2016, the CMS sent a warning letter to Theranos after inspecting its laboratory in Newark, California.<ref>{{cite news|url=https://www.theverge.com/2016/2/1/10869764/theranos-lab-warning-letter-consequences-patients|author=Arielle Duhaime-Ross|title=Here's what Theranos customers need to know|work=The Verge|date=February 1, 2016|access-date=June 17, 2018}}</ref> 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.<ref>{{cite news|url=https://www.nytimes.com/2016/04/14/business/theranos-elizabeth-holmes-proposed-ban.html|author1=Abelson, Reed|author2=Pollack, Andrew|title=Theranos Under Fire as U.S. Threatens Crippling Sanctions|work=The New York Times|date=April 13, 2016|access-date=June 17, 2018}}</ref>

The other charges of fraud against Theranos include claiming the company's technology was being used by the U.S. Department of Defense in combat situations.<ref>{{cite news|url=https://www.usatoday.com/story/tech/2018/03/14/theranos-founder-elizabeth-holmes-charged-massive-fraud/424670002|first=Marco|last=della Cava|title=She was 'the next Steve Jobs'. Now, Theranos founder Elizabeth Holmes is charged with fraud|work=USA Today|date=March 14, 2018|access-date=June 17, 2018}}</ref> Another false claim included claiming a $100 million revenue stream in 2014 that was actually $100,000.<ref>{{cite news|author1=Robinson, Matt|author2=Spalding, Rebecca|url=https://www.bloomberg.com/news/articles/2018-03-14/theranos-ceo-holmes-accused-of-fraud-by-sec-jeraxw6a|title=Blood, Fraud and Money Led to Theranos CEO's Fall From Grace|date=March 14, 2018|access-date=June 17, 2018}}</ref> Balwani departed from his position at Theranos in May 2016.

== Legal proceedings ==

=== SEC fraud charges === 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".<ref name=Fernandez/> Holmes settled the case out of court without admitting or denying wrongdoing, but Balwani was still in litigation as of 2022.<ref name=Fernandez/> He said he was innocent of the charges.<ref name=Fernandez>{{cite web |url=https://news.yahoo.com/sunny-balwani-elizabeth-holmes-ex-030235080.html |title=Who Is Sunny Balwani? All About Elizabeth Holmes's Ex-Boyfriend and Former Theranos President |work=People |via=Yahoo! News |author=Alexia Fernandez |date=March 27, 2019 |access-date=April 3, 2019}}</ref><ref>{{cite news |url=https://www.washingtonpost.com/business/economy/sec-accuses-theramos-of-elaborate-years-long-fraud/2018/03/14/67b05178-27bc-11e8-b79d-f3d931db7f68_story.html |title=SEC accuses Theranos of 'elaborate, years-long fraud' |newspaper=The Washington Post |author=Carolyn Y. Johnson |date=March 14, 2018 |access-date=April 4, 2019}}</ref>

=== ''United States v. Ramesh "Sunny" Balwani'' === {{main|United States v. Ramesh "Sunny" Balwani}} On June 15, 2018, following an investigation by the U.S. Attorney's Office in San Francisco that lasted more than two years, a federal grand jury indicted president Balwani and CEO Holmes on nine counts of wire fraud and two counts of conspiracy to commit wire fraud.<ref name=ars>{{cite web|url=https://arstechnica.com/tech-policy/2018/06/disgraced-theranos-founder-elizabeth-holmes-indicted-on-criminal-charges/|author=Mole, Beth|title=Disgraced Theranos founder Elizabeth Holmes indicted on criminal charges|website=Ars Technica|date=June 15, 2018|access-date=June 17, 2018}}</ref><ref name="justicedept">{{cite news|url=https://www.justice.gov/usao-ndca/us-v-elizabeth-holmes-et-al|title=U.S. v. Elizabeth Holmes, et al.|date=August 17, 2020|access-date=September 11, 2020}}</ref> Prosecutors alleged that Holmes and Balwani engaged in two criminal schemes, one to defraud investors, the other to defraud patients.<ref name=ars/> In March 2020, a U.S. District Court Judge ordered that Balwani would stand trial separately from Holmes. In January 2022, Holmes was found guilty on multiple counts of fraud.<ref name="Baron">{{cite web |url=https://www.mercurynews.com/2022/01/03/elizabeth-holmes-trial-split-verdict-finds-theranos-founder-guilty-of-four-counts-of-criminal-fraud-not-guilty-on-four-additional-accounts/ |title=Elizabeth Holmes trial: Split verdict finds Theranos founder guilty of four counts of criminal fraud, not guilty on four other counts |work=Mercury News |first=Ethan |last=Baron |date=January 3, 2022 |access-date=January 5, 2022}}</ref>

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. He received a sentence of 12 years 11 months in prison, plus three years of probation on December 7, 2022. He was ordered to self-surrender by March 15, 2023, which a judge later amended to March 16.<ref name="Rosenblatt" /><ref name="BBC20220707">{{Cite news |date=2022-07-07 |title=Theranos exec Sunny Balwani convicted of fraud |language=en-GB |work=BBC News |url=https://www.bbc.com/news/world-us-canada-61902378 |access-date=2022-07-08}}</ref> Balwani moved for appellate bail, but the judge denied his motion, citing a low likelihood of the appeal succeeding.<ref>{{Cite web |agency=Associated Press |title=Former Theranos exec Sunny Balwani loses bid to remain out of prison during appeals |url=https://www.nbcnews.com/news/us-news/former-theranos-exec-sunny-balwani-loses-bid-remain-prison-appeals-rcna74416 |access-date=2023-04-20 |website=www.nbcnews.com |date=March 10, 2023 |language=en}}</ref> Balwani later appealed this ruling, which triggered an automatic stay of his sentence.<ref>{{Cite web |title=Ex-Theranos exec Sunny Balwani finds way to delay prison sentence |url=https://www.cbsnews.com/news/theranos-sentencing-sunny-balwani-prison/ |access-date=2023-04-20 |website=www.cbsnews.com |date=March 17, 2023 |language=en-US}}</ref> On April 7, 2023, the Ninth Circuit Court of Appeals refused Balwani's request, and a new self-surrender date was set for April 20. He surrendered on that date.<ref>{{Cite web |date=2023-04-07 |title=Ex-Theranos executive headed to prison after losing appeal |url=https://apnews.com/article/theranos-sunny-balwani-elizabeth-holmes-prison-237bb4da8af239078729791f3f7a7d6c |access-date=2023-04-20 |website=AP NEWS |language=en}}</ref>

He was incarcerated at Federal Correctional Institution, Terminal Island, in San Pedro, California.<ref>{{cite news |last1=Larson |first1=Amy |title=Elizabeth Holmes' ex-boyfriend begins serving prison sentence |url=https://www.kron4.com/elizabeth-holmes-trial/elizabeth-holmes-ex-boyfriend-to-begin-serving-prison-sentence-today/ |access-date=10 September 2025 |work=KRON4 |date=20 April 2023}}</ref> In May 2023 during the restitution phase, Holmes and Balwani were ordered to pay $452 million to the victims of the fraud, with responsibility for the payment shared between them.<ref name="Godoy" />

== Personal life == He was married to Japanese artist Keiko Fujimoto.<ref name="BadBlood" /> Fujimoto and Balwani lived in San Francisco before their divorce in December 2002.<ref>{{cite web|last=Lutes|first=Alicia|date=March 18, 2019|title=Elizabeth Holmes & Sunny Balwani's Confusing Relationship, Explained|url=https://www.refinery29.com/en-us/2019/03/227176/elizabeth-holmes-sunny-balwani-relationship-explained|access-date=April 4, 2019|work=Refinery29}}</ref>

Balwani was in a romantic relationship with Elizabeth Holmes during his tenure at Theranos.<ref name="Carreyrou20180518">{{Cite web|url=https://www.wsj.com/articles/theranos-inc-s-partners-in-blood-1526662047|last=Carreyrou |first=John|title=Theranos Inc.'s Partners in Blood |work=The Wall Street Journal |date=2018-05-18 |access-date=2019-04-08}}</ref><ref name="charged">{{cite news|last=Carreyrou |first=John |title=Theranos, founder Elizabeth Holmes charged with fraud by SEC |url=https://www.marketwatch.com/story/theranos-founder-elizabeth-holmes-charged-with-fraud-by-sec-2018-03-14 |work=Marketwatch |date=March 14, 2018 |access-date=June 17, 2018}}</ref> Holmes met him in 2002 at age 18, while still in school. He was 19 years older than Holmes and married at the time.<ref name="Carreyrou20180518" /> Their relationship was not disclosed to their Theranos investors.<ref>{{Cite web |url=https://www.esquire.com/entertainment/tv/a26838289/who-is-ramesh-sunny-balwani/ |title=Sunny Balwani Played an Important Role in the Elizabeth Holmes Theranos Story |last=Storey|first=Kate|date=2019-03-18|website=Esquire|language=en-US|access-date=2019-04-08}}</ref> During her trial, Holmes testified that she had been raped while she was a student at Stanford and that she had sought solace from Balwani in the aftermath of the incident.<ref name=stanfordi /><ref name=holmestestimony /> 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.<ref name=holmestestimony>{{cite news|url=https://www.washingtonpost.com/technology/2021/11/29/elizabeth-holmes-testimony-day-four/|title=Elizabeth Holmes testifies her ex-partner was controlling, sexually assaulted her|newspaper=Washington Post|date=November 29, 2021|access-date=November 29, 2021}}</ref><ref name=stanfordi>{{cite news|url=https://www.wsj.com/articles/elizabeth-holmes-trial-theranos-founder-says-balwani-berated-abused-her-11638227059|title=Elizabeth Holmes Trial: Theranos Founder Says Balwani Berated, Abused Her|first=Heather|last=Somerville |work=The Wall Street Journal |date=November 29, 2021|access-date=November 29, 2021}}</ref> In her court testimony, Holmes stated that Balwani wanted to "kill the person" she was and make her into a "new Elizabeth".<ref name=holmestestimony /> However, she later testified that Balwani had not forced her to make the false statements to investors, business partners, journalists and company directors that had been described in the case.<ref>{{Cite web|url=https://www.cnn.com/business/live-news/elizabeth-holmes-trial-11-29-21/index.html|title=Live updates: Elizabeth Holmes testifies in her own trial|first1=Sara Ashley |last1=O'Brien|first2=Rishi|last2=Iyengar|work=CNN|date=November 29, 2021}}</ref> In court filings, Balwani and his ex-wife Fujimoto have "categorically" denied abuse allegations, calling them "false and inflammatory".<ref>{{Cite news|url=https://www.reuters.com/world/us/theranos-founder-elizabeth-holmes-face-cross-examination-fraud-trial-2021-11-30/|title = Theranos' Holmes cross-examined over relationship with romantic and business partner|work=Reuters|date=1 December 2021|last=Godoy|first= Jody}}</ref>

== References == {{Reflist}}

== External links == *{{cite web |url=http://azleg.granicus.com/MediaPlayer.php?clip_id=13816 |title=(video) Ramesh Balwani gives presentation. Begins at 1:20 |publisher=Senate Health and Human Services, AZ State Government |date=March 12, 2014 |archive-url=https://conifer.rhizome.org/Germinal/wikipedia/20181214141751/http://azleg.granicus.com/MediaPlayer.php?clip_id=13816 |archive-date=2018-12-14 |url-status = dead}}{{cbignore}} In the archive video, click the blank video screen to begin playing, and click the sound-bar to enable sound. {{Theranos}}

{{DEFAULTSORT:Balwani, Ramesh}} Category:1965 births Category:American chief operating officers Category:American Hindus Category:American people convicted of fraud Category:American people of Pakistani descent Category:American people of Sindhi descent Category:American business executives in technology Category:Businesspeople from Sindh Category:Haas School of Business alumni Category:Indian emigrants to the United States Category:Indian Hindus Category:Indian Sindhi people Category:Living people Category:Microsoft employees Category:Pakistani emigrants to India Category:Pakistani Hindus Category:People convicted for health fraud Category:Theranos people Category:University of Texas at Austin alumni Category:Sindhi Hindus