‘Sunny’ Balwani was handed a slightly longer sentence than that given to former Theranos CEO Elizabeth Holmes,who was his lover and accomplice in one of Silicon Valley’s biggest scandals.
A London court heard details of employees and agents using private jets to transfer cash that was hand-delivered to officials in African countries to get access to oil.
Joe Sullivan was charged after failing to disclose to authorities in 2016 that he had learned of a breach that affected the Uber accounts of more than 57 million riders and drivers.
Craig Gore,one of the country’s most colourful businessmen,has pleaded guilty to a second set of charges after losing his bid to appeal his fraud conviction earlier this year.
Most Australians know Frank Walker as the chipper man on the radio from National Tiles. But a Melbourne court case has shown a different side to the businessman’s personality.
Theranos founder Elizabeth Holmes says a key witness in her criminal case visited her after the verdict and expressed misgivings about his testimony.
Westpac alleges Vince Tesoriero,who appeared in court for the first time,received $28 million from Bill Papas that was part of the proceeds of an alleged massive fraud on the bank.
Ramesh “Sunny” Balwani,the former president of Theranos and ex-boyfriend of its founder Elizabeth Holmes,was found guilty for his role in the collapse of the $US9 billion startup.
Harvey Boulter was a go-to guy for investors seeking hot start-ups. He amassed boats,cars and estates on three continents but very few of his investors got any of their money back.
Cocaine. Stashes of cash. A down-on-his-luck Bulgarian wrestler. The lurid details captivated the financial world,and now the historic verdict is in.
Creditors in Diamond Joe Gutnick’s company were refunded after Deloitte discovered its staffer had taken $3 million from various groups to buy an incredible cache of contemporary Australian art.