BREAKING: Former Theranos executive Sunny Balwani, who was convicted of fraud and conspiracy, sentenced to 13 years in prison.
for her part in the scheme, which has been dissected in a book, HBO documentary and award-winning TV series.
NBC Bay Area's Business and Tech Reporter Scott Budman has been following the Theranos trial and was in the courtroom when Sunny Balwani was sentenced to nearly 13 years in prison Wednesday.Sign up for NBC Bay Area’s Housing Deconstructed newsletter. U.S. District Judge Edward Davila said the financial statements drawn up by Balwani “weren’t just projections, they were lies” and “a true flight from honest business practices.”
Holmes, 38, could have gotten up to 20 years in prison — a penalty that the judge could have imposed on Balwani, who spent six years as Theranos’ chief operating officer while remaining romantically involved with Holmes until a bitter split in 2016., 57, of manipulating her through years of emotional and sexual abuse. Balwani’s attorney has denied the allegations.
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