Ramesh 'Sunny' Balwani, the former romantic partner of Elizabeth Holmes and president of disgraced blood testing company Theranos, is set to be sentenced today.
0:28
He faces 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.receivedRamesh"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.
Theranos sought to revolutionize the medical testing industry with a product that could assess an array of potential health issues with just a few drops of blood. The company, once valued at $9 billion, became an emblem of Silicon Valley malfeasance after it came to light that Balwani and Holmes misled investors even as the product failed to work.Jeff Chiu/AP, FILE
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Theranos Ex-President Sunny Balwani to Be Sentenced WednesdayTheranos’s former No. 2 executive could be facing an unusual white-collar criminal punishment: being sentenced to a longer prison term than his boss, who was at the center of the fraud at her company
Read more »
Elizabeth Holmes' former lover faces sentencing in Theranos caseRamesh 'Sunny' Balwani could face more than a decade behind bars after being convicted of fraud and conspiracy.
Read more »
Holmes’ former partner faces sentencing in Theranos caseThe Justice Department “has now conceded that both defendants deserve the same sentence, even though Balwani was convicted for far more counts,” said Duncan Levin, a former federal prosecutor…
Read more »
The Always Sunny Podcast Gang Getting Danny DeVito In Their StockingsMeganGanz, RobMcElhenney, CharlieDay & GlennHowerton's The AlwaysSunny Podcast is getting DannyDeVito in-studio for the holidays. / IASIP SunnyFXX TheSunnyPodcast meganganz GlennHowerton RMcElhenney DannyDeVito
Read more »
The Always Sunny Podcast Gang Does a Deep Dive Into IASIP BloopersICYMI: The AlwaysSunny Podcast Gang (MeganGanz, RobMcElhenney, CharlieDay & GlennHowerton) deep dive into IASIP bloopers in the newest episode. / thesunnypodcast newep thesunnypodcast RMcElhenney GlennHowerton meganganz
Read more »
Less fog with mostly sunny skies this afternoonA mix of sun and clouds is expected today after a bit of patchy morning fog. A passing weather system will bring a chance of showers to areas northeast of Tucson Wednesday along with cooler temps.
Read more »