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Lawyers Make Final Arguments in Fraud Case Against Former Theranos President

Government prosecutors in the criminal-fraud trial of Theranos Inc.’s former second-in-command, Ramesh “Sunny” Balwani, made their last pitch to the jury in closing arguments Tuesday, because the Silicon Valley case strikes nearer to a decision.

Assistant U.S. Attorney Jeff Schenk stated that Mr. Balwani, longtime president and chief working officer of the now-defunct blood-testing startup, had full information of the fraud he was committing as a result of he was in cost of Theranos’s laboratory and was well-informed of its many issues with check accuracy and reliability—and fired staff who raised issues.

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