Silicon Valley executive Ramesh "Sunny" Balwani has been found guilty of deceiving investors as part of a plot with ex-girlfriend Elizabeth Holmes.
He falsely and repeatedly claimed that their company, Theranos, had a device that could detect hundreds of diseases with a few drops of blood.
Holmes was found guilty at a separate trial in January where she accused Balwani of abuse - which he denies.
Both Holmes, 38, and Balwani, 57, will be sentenced by a judge in the autumn.
Holmes is facing around 20 years in prison and is currently free on bail. Balwani also faces up to 20 years in prison as well as millions of dollars in restitution payments to his victims.
Theranos was once worth $9bn (£7.5bn), but was based on blood testing technology that did not work.
The verdict was read on the fifth day of jury deliberations at a courthouse in San Jose, California, in the heart of Silicon Valley. Balwani was found guilty of all 12 charges against him.
During closing arguments on 21 June, prosecutors showed text messages sent by Balwani to Holmes.
"I am responsible for everything at Theranos," he wrote in 2015. "All have been my decisions too."
Assistant US Attorney Jeffrey Schenk called the message an admission of guilt. "He's acknowledging his role in the fraud," he said.
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