Partner Interviewed on Primetime TV for ‘Cheddar News’ and Quoted in ‘Bloomberg’ on Holmes Criminal Fraud Trial
BCLP Partner Andrey Spektor was interviewed March 16 on Cheddar News and featured March 23 in Bloomberg concerning the trial of Ramesh ‘Sunny’ Balwani, who faces allegations of defrauding investors and patients. Balwani is charged with several counts of wire fraud and conspiracy to commit wire fraud in connection with his various high-level positions at Theranos. Balwani’s attorneys claim the government is responsible for allowing a critical database to be deleted in 2018, while prosecutors say a dismantling of hardware thwarted their attempt to reconstruct the data. Asked by Bloomberg if Balwani’s argument could be persuasive in rebutting fraud charges, Andrey noted that, “If the government can’t show any misconduct by Balwani in the destruction of the database, this could be a powerful defense.” The strategy could prove problematic for Balwani, however, if the government presents strong evidence that someone close to him, including Holmes, was involved in rendering the database inoperative, Andrey noted. “You are, after all, the company you keep,” he said.
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