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France 24

Business

Charles PELLEGRIN

Former Theranos executive sentenced to 13 years in prison for fraud

ranos Prison Elizabeth Holmes TikTok Indiana United States

BUSINESS DAILY © FRANCE24

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. Also in the show, we look at two complaints filed against TikTok by the US state of Indiana, and at the South Korean government's crackdown on an ongoing trucker strike.

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