Tag: Theranos
Theranos President Ramesh “Sunny” Balwani Sentenced to More Than 12 Years for Fraud, Jeopardized Patient Health and Bilked Investors
December 15, 2022
Ramesh “Sunny” Balwani was sentenced today to 155 months (12 years, 11 months) in federal prison for fraud that risked patient health by misrepresenting the accuracy of Theranos blood analysis technology and that defrauded Theranos investors of millions of dollars, announced United States Attorney Stephanie M. Hinds, Federal Bureau of Investigation Special Agent in Charge Robert K. Tripp, Food and…