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Browse: Home / 2022 / December / 07 / Theranos Ex-President Sunny Balwani Sentenced to Almost 13 Years in Prison – WSJ

Theranos Ex-President Sunny Balwani Sentenced to Almost 13 Years in Prison – WSJ

By Securities Docket on December 7, 2022, 6:49 pm

Theranos Inc.’s former No. 2 executive, Ramesh “Sunny” Balwani, was sentenced to 155 months, just under 13 years, in prison for his involvement in an elaborate fraud scheme at the blood-testing company, marking the capstone of a yearslong saga that is a blemish in Silicon Valley history.

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Theranos founder Elizabeth Holmes, Mr. Balwani’s former business partner and ex-girlfriend, was sentenced last month to 11¼ years for four counts of criminal fraud tied to her now defunct blood-testing startup.

Source: Theranos Ex-President Sunny Balwani Sentenced to Almost 13 Years in Prison – WSJ

Posted in Criminal, Top | Tagged Theranos

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