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“Ramesh ‘Sunny’ Balwani sentenced to 13 years for Theranos fraud” A US judge on Wednesday sentenced former Theranos President Ramesh “Sunny” Balwani to 12 years and 11 months in prison on charges of defrauding investors and patients of the blood testing startup led by Elizabeth Holmes, a spokesperson for the US attorney’s office confirmed. US District Judge…
“Judge recommends cushy prison ‘camp’ for Elizabeth Holmes” The California judge who sentenced disgraced Theranos founder Elizabeth Holmes to more than 11 years in prison last week has recommended that she serve her time in a minimum-security women’s facility. Holmes, 38, was sentenced to 135 months in prison on Nov. 18 after she was convicted…
“Megyn Kelly slams Elizabeth Holmes for getting pregnant to ‘try to get less prison time’: ‘Baby won’t have a mom’” “I hate to agree with the Twitter mob,” Kelly said on her SiriusXM podcast on Monday when discussing Holmes’ 11-year prison sentence. If you liked the article, do not forget to share it with your…
“How to save America from another fraudster like Elizabeth Holmes” The final — or maybe penultimate — chapter of one of the most remarkable stories of investigative journalism and corporate fraud in recent memory has closed. Elizabeth Holmes, founder and former CEO of Theranos, was sentenced Friday to just over 11 years in prison for…
“Theranos founder Elizabeth Holmes sentenced to 11 years in prison for fraud” Elizabeth Holmes, the disgraced Theranos founder who was once compared to Steve Jobs before she was convicted of defrauding investors who backed the now-defunct blood-testing company, was sentenced to more than 11 years in prison on Friday. The pregnant Holmes, dressed in a…
“Elizabeth Homes denied new trial, set to be sentenced Nov. 18” Convicted Theranos founder Elizabeth Holmes was denied a new trial and will be sentenced in less than two weeks. US District Judge Edward Davila ruled against her request Monday, finding that Holmes’ team had failed to introduce material new evidence or prove government misconduct that…
“Theranos’ Elizabeth Holmes won’t testify in Sunny Balwani trial” Disgraced Theranos founder Elizabeth Holmes reportedly won’t be called to testify during the ongoing fraud trial of her former boyfriend and alleged co-conspirator Ramesh “Sunny” Balwani. Holmes’ potential testimony in the case – months after she was convicted on multiple counts of fraud while running the…
“Elizabeth Holmes, Sunny Balwani were ‘partners’ in fraud: feds” Federal prosecutors came out firing in the fraud trial of former Theranos executive Ramesh “Sunny” Balwani on Tuesday – alleging he and ex-lover Elizabeth Holmes worked closely together in a scheme to mislead investors about the blood-testing startup’s business. Federal prosecutor Robert Leach argued that Balwani…
“Ex-Theranos boss Sunny Balwani sells home he shared with Elizabeth Holmes” The posh home in northern California where disgraced ex-Theranos executives Ramesh “Sunny” Balwani and Elizabeth Holmes maintained their clandestine love affair for a decade has been sold. The house in the upscale Silicon Valley enclave of Atherton, Calif. was sold by Balwani this past…
“Elizabeth Holmes’ ‘abusive’ ex faces trial for Theranos ‘fraud’” For a while, it was always Sunny in Silicon Valley. From 2009 until 2016, Ramesh “Sunny” Balwani — then the boyfriend of Elizabeth Holmes and president of her buzzy Theranos, Inc. — seemed to be everywhere in his puffy-sleeved shirts: traveling the world on behalf of…