Right-Hand Man of Former Theranos CEO Files to Appeal Fraud Conviction

Ramesh “Sunny” Balwani, the former president and chief operating officer of the defunct Silicon Valley blood testing company, Theranos, has filed a notice to appeal his criminal fraud conviction and prison sentence tied to his role in the once high-flying company.

“Please take notice that Defendant Ramesh ‘Sunny’ Balwani appeals to the United States Court of Appeals for the Ninth Circuit from the sentence of the district court announced on December 7, 2022,” Balwani’s attorney wrote in a court document filed on Tuesday.

In July, Balwani’s jury returned guilty verdicts against the former executive on a dozen wire fraud and conspiracy charges tied to his roles at Theranos.

Read the source article at finance.yahoo.com