Theranos’ Balwani Sentenced To Almost 13 Years For Investor, Patient Fraud

(December 8, 2022, 11:25 AM EST) -- SAN JOSE, Calif. — Former Theranos Inc. President Ramesh “Sunny” Balwani has been sentenced to 12 years and 11 months in federal prison on his conviction for fraud against investors and blood-testing patients, according to a press release from the U.S. Attorney’s Office for the Northern District of California....