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Former Theranos President Ramesh “Sunny” Balwani was sentenced on Wednesday to nearly 13 years in prison for his involvement in a scheme to defraud investors and patients of the blood testing startup led by Elizabeth Holmes.
US District Judge Edward Davila in San Jose, California, imposed the sentence of 12 years and 11 months on Balwani, who was found guilty in July of 10 counts of wire fraud and two counts of conspiracy to commit wire fraud.
