Theranos Ex-President Sunny Balwani Sentenced to Almost 13 Years in Prison

TL;DR

2 executive, Ramesh “Sunny” Balwani, was sentenced to nearly 13 years in prison for his involvement in an elaborate fraud scheme at the blood-testing company, capping a yearslong saga that became synonymous with the worst of Silicon Valley culture.Mr. Balwani’s sentencing comes more than four years after the collapse of Theranos, which promised to revolutionize healthcare but peddled faulty technology to patients and investors, along the way delivering inaccurate health results and squandering hundreds of millions of dollars.Mr. Balwani helped lead the deception as Theranos’s president and chief operating officer, and along with his longtime romantic partner, he became the focus of one of the highest-profile white-collar cases in recent years.Continue reading your article witha WSJ membershipa WSJ membershipAlready a member?Sign In- Michael Kors:Sign Up For Michael Kors KORSVIP and Get 10% OFF Your First Purchase w/ Michael Kors Promo Code- JCPenney:Today's JCPenney coupon code - 30% off entire purchase- Target:25% off sitewide with this Target Promo Code- T.J. Maxx:Exclusive TJ Maxx Coupon: Free Shipping- Best Buy:Save 15% or more on the Best Buy deal of the Day- Macy's:Macy's discount code - Sign up to get 25% off next order"

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