The Latest Breaking News from Elizabeth Holmes

Ramesh "Sunny" Balwani, the right-hand man and ex-boyfriend of company founder Elizabeth Holmes, is planning to appeal an almost 13-year prison sentence for fraud. Prosecutors argued he played an essential role in defrauding investors of $900 million. Theranos falsely claimed it could run blood tests with a single prick of…

The former partner of infamous fraudster Elizabeth Holmes has been sentenced to 13 years in prison for his part in a huge multimillion-dollar scheme involving fake blood testing kits

In the Theranos scam case, company's former chief operating officer Ramesh Balwani sentenced to nearly 13 years in prison for fraud

Former chief operating officer of blood-testing startup was found guilty of conspiracy and fraud in July.

San Francisco (AFP) - A judge on Thursday sentenced a top aide and ex-boyfriend of fallen Theranos founder Elizabeth Holmes to prison for duping people into trusting the failed blood testing startup.

Former Theranos Inc. President and Chief Operating Officer Ramesh “Sunny” Balwani was sentenced to 13 years in prison for defrauding investors and patients of Theranos Inc., the blood-testing startup he ran alongside its founder and chief executive officer Elizabeth Holmes.

A judge in the US has sentenced former Theranos executive Ramesh “Sunny” Balwani to nearly 13 years in prison for his role in the company’s blood-testing hoax.

Term slightly longer than one given to Elizabeth Holmes for defrauding investors in now-defunct blood testing firm

Judge Edward Davila described Sunny Balwani and Elizabeth Holmes as ‘co-leaders’ in a scheme to defraud Theranos investors

Balwani in July was convicted on 12 counts of conspiracy and fraud.

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