Ramesh “Sunny” Balwani, former president and COO of now-defunct blood-testing startup Theranos, has been sentenced to 12 years and 11 months in prison and 3 years of probation. Balwani was convicted in July on all 12 counts of fraud and conspiracy brought against him. His sentencing comes weeks after his former business partner and ex-girlfriend, … Read more
Former Theranos COO and ex-boyfriend of disgraced founder Elizabeth Holmes, Sunny Balwani has been found guilty on all 12 criminal charges after a three-month trial. At her own high-profile trial this winter, of defrauding investors and conspiring to defraud investors on four of 11 counts, though she was not found guilty of defrauding patients. This … Read more
Ramesh “Sunny” Balwani, the ex-boyfriend and former business partner of Theranos founder Elizabeth Holmes, has been convicted of 12 fraud-related charges. The charges stem from his time as operating chief at Theranos. His conviction follows Holmes’ conviction on 4 counts of fraud and conspiracy in January. the ex-boyfriend and former business partner of has been … Read more
Ramesh “Sunny” Balwani, Theranos’ former chief operating officer, has been found of all charges in his criminal trial. Balwani, whose trial began in March, was charged with ten counts of wire fraud and two counts of conspiracy to commit wire fraud. He could face up to 20 years in prison for defrauding investors and Theranos … Read more