Former Theranos COO ‘Sunny’ Balwani surrenders to federal prison

Elizabeth Holmes’ co-defendant and former chief operating officer of collapsed Silicon Valley startup, Theranos, surrendered himself to federal prison on Friday.

Ramesh “Sunny” Balwani, 57, was sentenced to 155 months behind bars for a dozen wire fraud and conspiracy convictions tied to his role in the once high-flying blood-testing venture founded by Holmes.

Balwani began serving out his nearly 13-year sentence at FCI Terminal Island prison in San Pedro, California. He was booked into the facility under inmate registration number 24966-111.

Holmes, who was convicted on similar felony charges, is scheduled to surrender to federal prison on April 27.

Source: Former Theranos COO ‘Sunny’ Balwani surrenders to federal prison