Former Theranos Executive to Serve Prison Sentence After Appeal Fails

1 min read
Source: The Associated Press
Former Theranos Executive to Serve Prison Sentence After Appeal Fails
Photo: The Associated Press
TL;DR Summary

Former Theranos executive Ramesh “Sunny” Balwani will have to report to prison on April 20 after an appeals court rejected his bid 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 still leaves open the question of when he will have to surrender to authorities. Balwani and Holmes were accused of essentially the same crimes centered on a ruse touting Theranos’ blood-testing system as a revolutionary breakthrough in health care.

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