Tuesday, 7th May 2024
To guardian.ng
Search

Former Theranos executive sentenced to 13 years in prison for fraud

By France24
08 December 2022   |   1:43 pm
Ramesh "Sunny" Balwani, the right-hand man and ex-boyfriend of company founder Elizabeth Holmes, is planning to appeal an almost 13-year prison sentence for fraud. Prosecutors argued he played an essential role in defrauding investors of $900 million. Theranos falsely claimed it could run blood tests with a single prick of a finger.

0 Comments

Your email address will not be published. Required fields are marked *

Related

2 days ago
Afghanistan's diplomat Zakia Wardak said she was stepping down as the consul-general in Mumbai because of organized attacks against her. Her statement made no mention of the alleged gold smuggling accusations.
1 day ago
Spain has rejected claims that Madrid is bringing "death and poverty" to its people, posted by Argentine President Javier Milei. Previously, a Spanish minister seemed to indicate Milei had used drugs during his campaign.
1 day ago
The US has accused Russia of using chemical weapons in Ukraine. These wouldn't be the first, nor the only illegal weapons used — by both sides — in the ongoing war.
1 day ago
The president of the Democratic Republic of Congo, Félix Tshisekedi, talks to DW about the "macabre trafficking" of minerals, how he wants to work with Apple, and why he considers Rwandan President Paul Kagame a thief.
1 day ago
At least 60 people have been killed as southern Brazil endures its worst flooding in more than 80 years. Rescuers are battling torrential rains as they search for missing people in the state of Rio Grande do Sul.
1 day ago
Panama's former security minister Jose Raul Mulino on Sunday stormed to victory in a presidential poll dominated by his old boss, the popular ex-leader Ricardo Martinelli, who buttressed his campaign despite being holed up in Nicaragua's embassy.