Elizabeth Holmes' Sunny Balwani Sentenced to 12 Years Prison

Ramesh "Sunny" Balwani's destiny has been determined.

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According to a statement from United States Attorney Stephanie M. Hinds obtained by E! News

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The 57-year-old, who held several leadership positions at Theranos

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The Elizabeth Holmes-founded health technology business, was given a sentence of 12 years and 11 months in federal prison on December 7

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Balwani, who was convicted earlier this year by a federal jury of defrauding investors, patients, and doctors through Theranos

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Theranos, received a nearly 13-year sentence in addition to three years of supervision after his eventual release from prison, which he must turn over and start serving on March 15, 2023.

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Balwani's financial obligation to make reparations is still up for debate. A hearing is expected to be scheduled soon.

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Balwani's sentence "should serve as a message to anyone considering deception in their own pursuit for success," Hinds said in a statement after the verdict.

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Its a big loss to the system.

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Swipe up to know more

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