Ramesh “Sunny” Balwani, the former chief operating officer of failed blood testing startup Theranos, has been sentenced to nearly 13 years in prison for fraud
Ramesh “Sunny” Balwani, the former chief operating officer of failed blood testing startup Theranos, was sentenced Wednesday to nearly 13 years in prison for fraud. It marks an end to the stunning downfall of a high-flying Silicon Valley company that resulted in the rare convictions of two tech executives. “There is an unfortunate saying in Silicon Valley: ‘Fake it ‘til you make it.
Their trials were severed after Holmes indicated she intended to accuse Balwani of sexually, emotionally and psychologically abusing her throughout their decade-long relationship, which coincided with her time running the company. In July, Balwani was found guilty on all 12 charges he faced, which included ten counts of federal wire fraud and two counts of conspiracy to commit wire fraud.
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Elizabeth Holmes’ ex-lover Ramesh Balwani gets nearly 13 years in Theranos caseA judge has sentenced former Theranos executive Ramesh “Sunny” Balwani to nearly 13 years in prison for his role in the company’s blood-testing hoax — a sentence slightly longer than that given to …
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Ramesh 'Sunny' Balwani is sentenced to nearly 13 years for his role in Theranos fraudA jury found Elizabeth Holmes' former business and romantic partner guilty in July on all 12 felony counts of defrauding Theranos investors and the patients that used the company's faulty blood tests.
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Theranos fraud case: Ramesh 'Sunny' Balwani sentenced to 13 years in prisonRamesh 'Sunny' Balwani, who along with former lover and business partner Elizabeth Holmes swindled investors out of millions peddling bogus Theranos blood-testing technology, was sentenced Wednesday to 13 years in prison.
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Former Theranos exec Sunny Balwani sentenced to 13 years in prisonFormer Theranos president Ramesh 'Sunny' Balwani, Elizabeth Holmes' top deputy, was sentenced Wednesday to 13 years in prison for defrauding investors.
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Holmes' former partner, Balwani, gets nearly 13 years in Theranos caseThe sentence is slightly longer than that given to the CEO, who was his lover and accomplice in one of Silicon Valley's biggest scandals.
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Watch Live Updates: Former Theranos Executive Sunny Balwani Sentenced to 13 Years in PrisonTheranos’ former chief operating officer Ramesh “Sunny” Balwani was sentenced to 13 years in prison. He was convicted of fraud and conspiracy in July.
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