The former COO of disgraced blood testing startup Theranos, Ramesh “Sunny” Balwani has been sentenced to 155 months, or about 13 years, in prison and three years probation. After a three-month trial, Balwani was found guilty on 12 counts, ranging from defrauding patients and investors to conspiracy to commit fraud. Theranos CEO Elizabeth Holmes was …
Jury finds Elizabeth Holmes guilty of fraud Sign up for our free USA newsletter delivered straight to your inbox every weekday morning Sign up for our free US morning email newsletter Theranos founder Elizabeth Homes has been sentenced to more than 11 years in prison for defrauding the blood testing startup’s investors. Holmes, who plans …
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A federal judge on Friday sentenced disgraced Theranos CEO Elizabeth Holmes to more than 11 years in prison for misleading investors in the failed startup that promised to revolutionize blood testing but turned it into a symbol of culture. audacious self-promotion of Silicon Valley. The sentence imposed by U.S. District Judge Edward Davila was shorter …
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