Ex-Theranos Inc. President Ramesh “Sunny” Balwani should spend 15 years in prison for defrauding investors and patients, prosecutors said. His lawyers countered he should be spared jail entirely.
The recommendations were filed at federal court in San Jose, California, one week before Balwani’s sentencing by US District Judge Edward Davila. Last month, the judge handed ex-Theranos chief executive officer Elizabeth Holmes an 11 year jail term.
Source: Ex-Theranos President Ramesh “Sunny” Balwani Faces 15 Years in Prison – Bloomberg
