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The Latest Breaking News from ranos

Theranos exec Sunny Balwani loses bid to delay prison term

A federal judge has rejected former Theranos executive Ramesh “Sunny” Balwani’s bid to remain free while he appeals his conviction for crimes he committed during a blood-testing scam he orchestrated with his former boss and lover, Elizabeth Holmes

The Independent UK

Elizabeth Holmes responds to feds’ demand she pay $878 million: Crimes didn’t kill Theranos

Theranos founder Elizabeth Holmes, fighting a $900 million restitution demand, claims her crimes were not proven to have caused her blood testing startup’s collapse, and her deceptions did not generate all the money investors poured into her firm.

Tribune News Service

Elizabeth Holmes gives birth to second child and seeks to delay prison sentence

Attorneys cite Theranos founder’s two children as reasons why she should be allowed to remain free while she appeals conviction

The Guardian - US

From analysis to the latest developments in health,
read the most diverse news in one place.

Elizabeth Holmes has second child - seeks delay in sentence

Legal filings say that Holmes is the mother of “two very young children … her toddler and an infant”

The Independent UK

Elizabeth Holmes has 2nd child as she tries to avoid prison

Disgraced Theranos CEO Elizabeth Holmes recently gave birth to her second child

The Independent UK

From Elizabeth Holmes to Samantha Azzopardi, who are the most astonishing female con artists?

The stories of these con women are as astonishing as they are unbelievable

Evening Standard

Elizabeth Holmes gives birth to second child while seeking to further delay imprisonment

Theranos founder Elizabeth Holmes has given birth to a second child as she seeks to delay her impending imprisonment for felony fraud, according to a court filing this week.

Tribune News Service

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Former Theranos exec seeks to avoid lengthy prison sentence

Former Theranos executive Ramesh “Sunny” Balwani has returned to federal court in a last-ditch attempt to stay out of prison while he's appealing a jury’s verdict convicting him of orchestrating a blood-testing hoax with his former boss and lover, Elizabeth Holmes

The Independent UK

Feds to Elizabeth Holmes: What about that one-way ticket to Mexico?

Theranos founder Elizabeth Holmes, defending herself against prosecutors’ claim that she tried to flee the U.S. after her 2022 fraud conviction, failed to explain her one-way ticket to Mexico, the prosecution said in a court filing Wednesday.

Tribune News Service

Elizabeth Holmes was ‘recklessly and incorrectly’ accused of trying to flee the country, lawyers say

Federal prosecutors “recklessly and inaccurately” accused Theranos founder Elizabeth Holmes of trying to flee the U.S. after her felony-fraud conviction, using “incomplete and provably inaccurate statements of fact in support of that accusation,” her legal team said in a court filing Monday.

Tribune News Service

Elizabeth Holmes tried to ‘flee’ US with one-way Mexico ticket, prosecutors say

New court filing says ex-Theranos founder booked flight departing 26 January last year, shortly after fraud conviction

The Guardian - US

Disgraced Theranos founder Elizabeth Holmes tried to ‘flee’ US after conviction, prosecutors claim

Government says Holmes should immediatly start 11 year prison sentence for defrauding investors

The Independent UK

Feds say Elizabeth Holmes ‘attempted to flee’ the US with one-way ticket after conviction

Theranos founder Elizabeth Holmes tried to flee the U.S. after a jury convicted her of felony fraud in early 2022, federal prosecutors alleged in a new court filing.

Tribune News Service

Stanford geneticist pays $29m for duping VC friend into investing in bogus cure for Huntington's

The first geneticist to transplant genes from one living organism to another claimed his Huntington’s Disease cure was FDA-approved to grab cash from a friend. Really, there is no cure for HD.

Fortune

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The Independent UK

‘He destroyed the lives of many’: How a true crime filmmaker came to view Bernie Madoff as a ‘financial serial killer’

The director tells Clémence Michallon about his new Netflix documentary ‘Madoff: The Monster of Wall Street’, the collapse of FTX, and how history seemingly repeats itself

The Conversation

How science fiction predicted recent high-tech developments in chemistry

Real-world technology is often foretold by science fiction. In 1927, characters in the film Metropolis made video calls to each other. Star Trek creator Gene Roddenberry hung flat-screen colour monitors on the walls of the Enterprise decades before we did the same in our living rooms.

Fortune

The biggest deals, scandals, bets, and M&A breakups from a truly memorable year

All the notable deal news as told through a year of Term Sheets.

Tribune News Service

Elizabeth Holmes appeals fraud conviction, wants freedom until appeal is over

Theranos founder Elizabeth Holmes has appealed her felony-fraud conviction — claiming up to 10 reasons she should be granted a new trial — and is asking the court to grant her freedom until her appeal is done.

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Fortune

The pandemic gave digital health companies a historic opportunity to rebuild health care. We can’t afford to squander it

Digital health startups often overstate the benefits of their solutions. No wonder their valuations dropped in 2022, writes Yonatan Adiri.

France 24

Former Theranos executive sentenced to 13 years in prison for fraud

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…

Daily Mirror

Elizabeth Holmes’ ex Ramesh “Sunny” Balwani gets nearly 13 years in Theranos case

The former partner of infamous fraudster Elizabeth Holmes has been sentenced to 13 years in prison for his part in a huge multimillion-dollar scheme involving fake blood testing kits

Al Jazeera

Theranos’s Balwani gets nearly 13 years over blood-testing hoax

Former chief operating officer of blood-testing startup was found guilty of conspiracy and fraud in July.

Tribune News Service

Ex-Theranos President Balwani gets 13-year prison term in fraud case

Former Theranos Inc. President and Chief Operating Officer Ramesh “Sunny” Balwani was sentenced to 13 years in prison for defrauding investors and patients of Theranos Inc., the blood-testing startup he ran alongside its founder and chief executive officer Elizabeth Holmes.

The Guardian - US

Ex-Theranos executive Sunny Balwani sentenced to nearly 13 years in prison

Term slightly longer than one given to Elizabeth Holmes for defrauding investors in now-defunct blood testing firm

WEKU

Ramesh 'Sunny' Balwani is sentenced to nearly 13 years for his role in Theranos fraud

A jury found Elizabeth Holmes' former business and romantic partner guilty in July on all 12 felony counts of defrauding Theranos investors and the patients that used the company's faulty blood tests.

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