Ex-Theranos exec gets nearly 13 years in prison
STORY: The former president of blood-testing startup Theranos has been sentenced to nearly 13 years in U.S. federal prison.
The sentencing of Ramesh Balwani – also known as ‘Sunny’ - for two counts of conspiracy and 10 counts of fraud comes after a jury in a San Jose courtroom convicted the 57-year-old in July.
Prosecutors said that Balwani conspired with his former business partner Elizabeth Holmes, of tricking Silicon Valley investors into thinking…
… Theranos had created small miniaturized machines that could accurately run a broad range of medical tests, with a few drops of blood from a finger prick--
--a portable method that could replace lab testing.
But secretly, the company relied on traditional methods to run tests, and provided patients with inaccurate results.
Balwani had joined Holmes, who started Theranos as a college student, and became her romantic partner.
They were each granted a separate trial, after Holmes said she would testify that Balwani was abusive in their relationship, which he denies.
Prosecutors said Balwani deserved a longer sentence than Holmes – who was sentenced to 11 years in prison in November – because he knew Theranos’ tests were inaccurate from overseeing the company’s laboratory operations…
But he decided to “prioritize Theranos’ financial health over patients’ real health”.
Balwani’s attorneys had asked for a sentence of probation, arguing Balwani sought to make the world a better place, and was not motivated by fame or greed.
Once valued at $9 billion, Theranos claimed to revolutionize medical diagnostics, with its small blood-testing machines envisioned for use in homes, drugstores and even on the battlefield.
The company collapsed in 2015, after an investigation by the Wall Street Journal.
相關影片推薦
- 1:18美馬戲團大象逃脫 穿梭車陣民眾驚呼 馬路秒變野生動物園Yahoo奇摩(國際通)29,992 次觀看・1 天前
- 6:11強震來臨這3個縣市最危險 李鴻源曝災防都更因「票房毒藥」難行今天誰來沛215,266 次觀看・21 小時前
- 1:53加拿大史上最大黃金盜竊案逮6人 加航「內鬼」偽造空運單 400公斤黃金恐已熔化售出Yahoo奇摩(國際通)35,100 次觀看・20 小時前
- 1:13柯建銘質詢一半突喊「我看不到」計時器 透露眼睛病變華視影音7,952 次觀看・22 小時前
- 1:1126歲抗癌網紅因胃癌去世 生命最後5個月沒吃沒喝娛樂星聞57,937 次觀看・2 天前
- 1:15謝和弦不認偷吃陳芳語嗆前妻記錯人!自爆出軌對象是「她」秒遭Keanna打臉娛樂星聞7,618 次觀看・13 小時前
- 2:02英國女遊台南「喝全糖珍奶」 嚇壞驚呼:天大錯誤華視影音305,782 次觀看・1 天前
- 23:55台積電法說會登場 投資人關心加碼美國新廠風險 但面對拜登和川普搶當美國保護主義隊長 川普幕僚密謀促貶美元 拜登祭301調查要提高中國商品關稅 台積電等於買了保險|鏡轉全球 #鏡鏡新聞811 次觀看・15 小時前
- 1:39男童"騎單車"上快車道 暖心民眾放慢車速"殿後"護送民視影音55,935 次觀看・19 小時前
- 2:22世界最小核潛艇 法國老牌「紅寶石級」罕見公開 直擊內部作業、核動力能巡洋數月Yahoo奇摩(國際通)12,229 次觀看・1 天前