Webb11 apr. 2024 · The Theranos founder will have to surrender to authorities on April 27 to start the more than 11-year jail term It comes 10 months after a jury found her guilty on four counts of fraud and conspiracy against the Theranos investors who believed in her blood-testing scam Webbför 2 dagar sedan · Holmes' co-defendant, former Theranos President Ramesh ‘Sunny’ Balwani, was convicted of defrauding Theranos investors and patients at a separate trial and sentenced to 12 years and 11 months in prison. In March, Davila denied Balwani's request to remain free on bail during his appeal.
Ex-Theranos exec finds way to delay start of prison sentence
Webb17 mars 2024 · Former Theranos executive Ramesh “Sunny” Balwani found an escape hatch Thursday from the scheduled start of his nearly 13-year prison sentence for a blood-testing hoax he engineered with his former boss and lover, Elizabeth Holmes.. Just hours before Balwani was supposed to surrender to authorities, his lawyer filed documents … Webbför 2 dagar sedan · Balwani, who was the company's president, will begin a nearly 13-year prison sentence on 20 April. While he will report to a Southern California jail, Mr Davila has recommended Holmes serves her ... frosted shard bgs
Sunny Balwani’s Prison Sentence Delayed – NBC Bay Area
In March 2024, Balwani and Holmes were charged by the SEC with securities fraud, "raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about the company's technology, business, and financial performance". Holmes settled the case out of court without admitting or denying wrongdoing, but Balwani is still in litigation as of 2024. He says he is innocent of the charges. Webb7 dec. 2024 · Sunny Balwani, who had been Theranos' No. 2 person, was sentenced to nearly 13 years in prison on Wednesday. Ramesh "Sunny" Balwani, former president and COO of now-defunct blood-testing startup ... Webbför 2 dagar sedan · A U.S. judge on Monday denied Theranos founder Elizabeth Holmes’ request to remain free on bail while she appeals her conviction on charges of defrauding … frosted sheet