The former Theranos executive that's been charged with fraud along with founder Elizabeth Holmes is pushing back

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Former Theranos president Sunny Balwani has been charged with fraud by both the SEC and the DOJ.

Balwani's lawyer, Jeffrey Coopersmith, told Business Insider that this is an "odd case," because Balwani had not benefitted financially from his work at Theranos and did not defraud anyone.

"I don’t have any recollection where a government charged someone where that person didn’t get any financial benefit," Coopersmith said.

The Department of Justice on Friday charged Theranos founder Elizabeth Holmes and former Theranos president Sunny Balwani with nine counts of wire fraud and two counts of conspiracy to commit wire fraud.

For those following the Theranos saga, Holmes' name was synonymous with the blood testing startup. Balwani, who had served as the company's president and chief operating officer, stayed behind the scenes with a nearly invisible digital footprint. See the rest of the story at Business InsiderNOW WATCH: We tried gaming on the Samsung CHG90 ultrawide gaming monitorSee Also:Billionaire Theranos defender Tim Draper says Elizabeth Holmes 'was doing really good work' before she was attacked and 'forced to sort of fail'The rise and fall of Elizabeth Holmes, who started Theranos when she was 19 and became the world's youngest female billionaire before it all came crashing downTheranos founder Elizabeth Holmes is stepping down as CEO as she faces charges of wire fraudSEE ALSO: The mysterious story of former Theranos president Sunny Balwani, who former employees saw as an 'enforcer' and now faces criminal charges of wire fraud

DON'T MISS: The reporter who broke the Theranos saga wide open pinpoints the moment he knew he had a big story on his hands

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