NEW: Ramesh 'Sunny' Balwani, the former romantic partner of Elizabeth Holmes and president of disgraced blood testing company Theranos, has been sentenced to nearly 13 years in prison.
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Ramesh"Sunny" Balwani, the former lover and business partner of Theranos CEO Elizabeth Holmes, arrives at federal court in San Jose, Calif., Wednesday, Dec. 7, 2022.He faced a sentence of 20 years for each of the 12 counts, but legal experts expect the sentences to be served at the same time, giving him a maximum sentence of 20 years.
Ramesh"Sunny" Balwani, former president and chief operating officer of Theranos arrives during jury deliberations at his federal trial for wire fraud and conspiracy to commit wire fraud in San Jose, California, June 28, 2022.that detailed his trajectory from a wealthy software engineer who formed a romantic relationship with Holmes to a second-in-command figure at Theranos who invested millions in the startup and oversaw day-to-day operations.
Ultimately, however, a jury found him guilty of misleading investors and patients as the company raised more than a billion dollars and formed partnerships with drugstore giants Walgreens and Safeway.Jeff Chiu/AP, FILE
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