The sentence is slightly longer than that given to the CEO, who was his lover and accomplice in one of Silicon Valley's biggest scandals.
A judge has sentenced former Theranos executive Ramesh "Sunny" Balwani to nearly 13 years in prison for his role in the company's blood-testing hoax.Ramesh "Sunny" Balwani, the former chief operating officer of failed blood testing startup Theranos, was sentenced Wednesdayto nearly 13 years in prisonfor fraud. It marksan end to the stunning downfall of a high-flying Silicon Valley company that resulted in the rare convictions of two tech executives.
The company began to unravel after a Wall Street Journal investigation in 2015 reported that Theranos had only ever performed roughly a dozen of the hundreds of tests it offered using its proprietary technology, and with questionable accuracy. It also came to light that Theranos was relying on third-party manufactured devices from traditional blood testing companies rather than its own technology. Theranos ultimately dissolved in September 2018.
In a recent court filing, prosecutors noted that Balwani was convicted not only of defrauding investors but also defrauding patients. They recommended a 15-year prison sentence for him, as well as an order for Balwani to pay $804 million in restitution. In a separate filing, attorneys for Balwani requested a sentence of probation, noting he had no criminal history.
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