New York Post

Ex-Theranos CEO cries abuse by BF

- Will Feuer

Alleged fraudster Elizabeth Holmes, the founder of Theranos, claims she suffered a “decade-long campaign of psychologi­cal abuse” from her former boyfriend and business partner Ramesh “Sunny” Balwani.

Holmes’ attorneys said in a court filings unsealed over the weekend that they plan to introduce evidence in her trial this week that Balwani “controlled what [Holmes] ate, how she dressed, and how much money she could spend, who she could interact with — essentiall­y dominating her and erasing her capacity to make decisions.”

The attorneys said Balwani, former Theranos vice-chair, COO and president, also restricted Holmes’ sleep, monitored her movements and insisted “that any success she achieved was because of him.”

The relationsh­ip amounted to “intimate partner abuse,” the attorneys wrote, adding that “Holmes is likely to testify herself to the reasons why she believed, relied on and deferred to Mr. Balwani.”

Balwani denied the allegation­s, with his attorney calling them “deeply offensive” and “devastatin­g personally” to Balwani, who is set to be tried separately next year for his involvemen­t with Theranos.

The recently unsealed filings offer insight into how Holmes plans to defend herself against charges of defrauding investors at her high-profile trial, which begins Tuesday in California.

The documents indicate that at least part of Holmes’ defense will rely on convincing the jury that her abusive relationsh­ip with Balwani impacted her state of mind, which led her to turn a blind eye to the shortcomin­gs of her blood-testing startup.

The US Department of Justice charged Holmes and Balwani in 2018, accusing them of defrauding investors, medical profession­als and customers. Both have denied the charges.

Before her arrest, Holmes — a Steve Jobs wannabe who dressed exclusivel­y in black turtleneck­s as she talked up her bloodtesti­ng unicorn — at one point scored a more than $9 billion valuation for Theranos.

Her company claimed to be able to detect medical conditions like cancer by using their new technology on a tiny sample of customers’ blood.

 ??  ?? Theranos founder Elizabeth Holmes, whose trial on charges of defrauding investors begins Tuesday, says in court filings that she was “controlled’ by her boyfriend, the company’s ex-president and COO, Ramesh Balwani (inset).
Theranos founder Elizabeth Holmes, whose trial on charges of defrauding investors begins Tuesday, says in court filings that she was “controlled’ by her boyfriend, the company’s ex-president and COO, Ramesh Balwani (inset).

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