Ramesh Balwani
Ramesh 'Sunny' Balwani is a former technology executive and the president of Theranos, the blood-testing startup founded by Elizabeth Holmes. Balwani played a key role in the company's operations and was instrumental in its early growth, helping to raise nearly $1 billion from investors. However, Theranos became infamous for its fraudulent claims regarding its blood-testing technology, which was purported to perform a range of tests using only a few drops of blood. In 2018, Balwani was indicted alongside Holmes for defrauding investors, and in 2022 he was sentenced to 12 years and 11 months in prison. Recently, a U.S. court upheld his conviction, reinforcing the legal ramifications of his involvement in the controversial startup.
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United Kingdom:
Ramesh 'Sunny' Balwani was jailed for more than 12 years for his role in defrauding investors and patients.
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Canada:
Ramesh 'Sunny' Balwani was sentenced to nearly 13 years in prison in California for his role in the scam.
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United Kingdom:
Ramesh Balwani was the president of Theranos and was convicted alongside Elizabeth Holmes.
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United States:
Ramesh Balwani was the former president of Theranos and was convicted of multiple fraud charges.
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United States:
Ramesh Balwani was the President of Theranos and was convicted alongside Elizabeth Holmes.
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