Prosecutors make final argument against former Theranos president

Theranos Inc. Public prosecutors in the criminal-fraud trial of former U.S. second-in-command, Ramesh “Sunny” Balwani, held final arguments on Tuesday, as the Silicon Valley case approached a resolution.

Assistant US Attorney Jeff Schenk said Mr. Balwani, the long-time president and chief operating officer of the closed blood testing startup, was fully aware of the fraud because he was in charge of Theranos’ lab and was well-versed. . It had many problems with test accuracy and reliability—and fired employees who expressed concern.