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Former Partner of Elizabeth Holmes Wins Delay in Sentencing

Started by Epoch-Times-Bot, Nov 08, 2022, 03:00 AM

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Epoch-Times-Bot

Former Partner of Elizabeth Holmes Wins Delay in Sentencing

SAN JOSE, Calif.—A federal judge on Monday granted a three-week delay in the sentencing of Ramesh "Sunny" Balwani, the former lover and accomplice of disgraced Theranos CEO Elizabeth Holmes, to give probation officers more time to recommend his punishment for engineering a scam tied to Theranos' blood-testing technology.
Balwani, 57, is now scheduled to be sentenced December 7, a postponement from the Nov. 15 date set in July after a jury convicted him on 12 felony counts of a fraud and conspiracy against Theranos investors and patients who relied on the company's flawed blood tests.
The revision means Balwani is now set to be sentenced after Holmes, 38, who is scheduled to find out on Nov. 18 whether she will be sent to prison for her conviction on four counts of investor fraud and conspiracy in a separate trial that concluded before his did....

Source: Former Partner of Elizabeth Holmes Wins Delay in Sentencing


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