Former Theranos Executive Balwani Sentenced to Prison After Failed Appeal.

1 min read
Source: The Mercury News
Former Theranos Executive Balwani Sentenced to Prison After Failed Appeal.
Photo: The Mercury News
TL;DR Summary

Ramesh Balwani, former executive of Theranos, will have to report to prison on April 20 after an appeals court rejected his request to remain free while he contests his conviction for carrying out a blood-testing hoax with his former boss and lover, Elizabeth Holmes. Balwani's nearly 13-year prison sentence was imposed in December 2020 after being convicted on 12 counts of fraud and conspiracy. Balwani's proposed reporting date is a week before Holmes is scheduled to begin her more than 11-year prison sentence.

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