ELIZABETH HOLMES

Balwani was convicted of 12 counts of fraud for his role in leading the failed blood-testing startup.

Sunny Balwani, the onetime COO and president of Theranos, was sentenced today in federal court on fraud charges, after Elizabeth Holmes was sentenced weeks ago.

Sunny Balwani, the former president and COO of the infamous blood testing start-up, faces possible prison time following his conviction on 12 fraud-related charges

Ramesh "Sunny" Balwani could face more than a decade behind bars after being convicted of fraud and conspiracy.

A judge has sentenced former Theranos executive Ramesh “Sunny” Balwani to nearly 13 years in prison for his role in the company’s blood-testing hoax.

Read exactly what the judge told former Theranos CEO Elizabeth Holmes before he sentenced her to 11 years in federal prison.

Raising hundreds of millions dof dollars sends a startup's valuation soaring. It can also make serious prison time all but inevitable for those in Holmes' situation.

The public is entitled to feel some schadenfreude when the famous are brought low.

The disgraced founder of the failed blood testing company Theranos was sentenced Friday to more than 11 years in federal prison. Elizabeth Holmes was convicted of fraud and conspiracy earlier this year for misleading investors and endangering patients with a bogus blood-testing technology.

Theranos CEO Elizabeth Holmes got a sentence shorter than requested by prosecutors but tougher than her team sought.

Holmes was convicted on charges related to defrauding investors who poured hundreds of millions of dollars into her blood-testing company, believing it would revolutionize health care.

Former Theranos CEO Elizabeth Holmes was sentenced Friday in U.S. federal court. She faced a maximum of 20 years in prison.

The founder of the Theranos blood-testing company had been found guilty of defrauding investors.

A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology. (Nov. 18) (AP video by Terry Chea)

Sen. Cory Booker, D-N.J., defended the character of convicted Silicon Valley fraudster Elizabeth Homes in a letter to the judge presiding over her sentencing.

Former Theranos CEO Elizabeth Holmes faces sentencing from a federal judge Friday.

The fallen Silicon Valley star faces up to 15 years in prison for defrauding investors in her blood-testing company. A U.S. senator is among those who have written letters asking for mercy.

A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology.

Disgraced Theranos CEO Elizabeth Holmes has been sentenced to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.

Prosecutors have called for the disgraced executive to serve 15 years, while her lawyers say she doesn't belong behind bars.

A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology. Holmes’ sentencing in the same San Jose, California, courtroom where she was convicted on four counts of investor fraud and conspiracy in January marks a climactic moment in a saga that has been dissected in an HBO documentary and an award-winning Hulu TV series about her meteoric rise and mortifying downfall. U.S. District Judge Edward Davila will take center stage as he weighs the federal government’s recommendation to send Holmes, 38, to federal prison for 15 years.

Cory Booker recalls eating almonds with Holmes; her parents discuss her ex, Sunny Balwani; and her partner confirms speculation she is pregnant again.

Holmes was convicted early this year four felony counts of investor fraud and conspiracy and is set to return to court November 18 for sentencing.

Federal prosecutors are asking a federal judge to sentence disgraced Theranos CE0 Elizabeth Holmes to 15 years in prison.

Federal prosecutors have asked a judge to sentence disgraced Theranos CE0 Elizabeth Holmes to 15 years in prison, arguing she deserves a lengthy prison term because her massive scheme duped investors out of hundreds of millions of dollars by falsely convincing them her company had developed a revolutionary blood testing device. Calling the case “one of the most substantial white collar offenses Silicon Valley or any other District has seen,” prosecutors vehemently rejected defense attorneys' characterization that Holmes had been unfairly victimized, in part by media coverage. Holmes is set to appear for sentencing on Nov. 18 in federal court in San Jose, California, nearly a year after she was convicted of three felony counts of wire fraud and one felony count of conspiracy to commit fraud.

The disgraced CEO is trying to recast her image as a loving mother in an effort to avoid a lengthy prison sentence.

Disgraced Theranos CEO Elizabeth Holmes is casting herself as a Silicon Valley scapegoat who overcame an abusive relationship to become a loving mother in an effort to avoid a lengthy prison sentence for duping investors in her failed blood-testing company.

Disgraced Theranos CEO Elizabeth Holmes is casting herself as a Silicon Valley scapegoat who overcame an abusive relationship to become a loving mother in an effort to avoid a lengthy prison sentence for duping investors in her failed blood-testing company. In an 82-page document filed late Thursday, Holmes' lawyers tried to persuade U.S. District Judge Edward Davila that sending Holmes to prison is unnecessary, partly because she has already been stigmatized by intense media coverage that has turned her into a “caricature to be mocked and vilified." If Davila decides she send her to prison, Holmes' lawyers argued she should be sentenced to no more than 18 months — a fraction of the maximum of 20 years she is facing after being convicted on four felony counts of investor fraud and conspiracy earlier this year.

Elizabeth Holmes and her legal defense team are asking for an 18-month period of house arrest, as opposed to the maximum 80 years of potential jail time the Theranos founder faces. In a lengthy memo pleading for leniency, Holmes requested that the court “look beyond that caricature,” of her in the media and “examine Ms. Holmes the human being.”

A federal judge denied Theranos founder Elizabeth Holmes' motion for a new trial Monday, according to a court filing.

A federal judge has rejected disgraced Theranos CEO Elizabeth Holmes’ bid for a new trial after concluding a key prosecution witness’s recent attempt to contact her wasn’t enough to give award another chance to avoid a potential prison sentence for defrauding investors in her blood-testing company.

A federal judge rejected a bid for a new trial for disgraced Theranos CEO Elizabeth Holmes after concluding a key prosecution witness's recent remorseful attempt to contact her wasn't enough to award her another chance to avoid a potential prison sentence for defrauding investors at her blood-testing company. The ruling issued late Monday by U.S. District Judge Edward Davila is the latest setback for Holmes, a former Silicon Valley star who once boasted an estimated net worth of $4.5 billion but is now facing up to 20 years prison that would separate her from her 1-year-old son. In the latest twist in a Silicon Valley soap opera, Holmes appeared to be pregnant when she showed up for an Oct. 17 hearing about her request for a new trial.

A federal judge on Monday granted a three-week delay in the sentencing of Ramesh “Sunny” Balwani, the former lover and accomplice of disgraced Theranos CEO Elizabeth Holmes, to give probation officers more time to recommend his punishment for engineering a scam tied to Theranos’ blood-testing technology. The revision means Balwani is now set to be sentenced after Holmes, 38, who is scheduled to find out on Nov. 18 whether she will be sent to prison for her conviction on four counts of investor fraud and conspiracy in a separate trial that concluded before his did. Both Holmes and Balwani are facing up to 20 years in prison.

"I thought she was terrific. I was like, 'Yeah, we don't need to redo that.' She did it," New York Times reporter Kyle Buchanan tweeted.

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"I don't want to help Ms. Holmes, she's not someone who should be helped," said former Theranos Lab Director Adam Rosendorff.

A key witness in a trial that led to the conviction of disgraced Theranos CEO Elizabeth Holmes adamantly stood by his testimony during an unusual court appearance Monday.

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She was everywhere and yet not really known.

In a court filing, her attorneys assert that former Theranos lab director Adam Rosendorff now regrets the role he played in convicting Holmes of investor fraud and conspiracy.

Holmes said former lab director Adam Rosendorff told her he has regrets about his testimony in the trial.

Holmes said former lab director Adam Rosendorff told her he has regrets about his testimony in the trial.

Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her conviction for investor fraud and conspiracy related to her failed blood-testing startup.

A federal judge on Thursday tentatively declined to overturn the jury conviction of disgraced Theranos CEO Elizabeth Holmes on four felony counts of fraud and conspiracy.

A federal judge on Thursday tentatively declined to overturn the jury conviction of disgraced Theranos CEO Elizabeth Holmes on four felony counts of fraud and conspiracy. U.S. District Judge Edward Davila won't make that decision final until Oct. 17, when he is scheduled to sentence Holmes in the same San Jose, California, courtroom where a jury found her guilty of duping investors in her much-hyped blood-testing startup. Holmes, 38, faces up to 20 years in prison and a $250,000 fine, plus restitution, for lying to investors about a Theranos technology she hailed as a revolution in healthcare but which in practice produced dangerously inaccurate results.

The jurors found Balwani guilty on all 12 counts of defrauding both Theranos investors and the patients.

A jury convicted Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley.

A jury convicted Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley.

The verdict comes six months after Theranos' founder was found guilty on four counts.

The jury in former Theranos executive Ramesh "Sunny" Balwani reached a verdict on Thursday.

The jury in former Theranos executive Ramesh "Sunny" Balwani reached a verdict on Thursday.

A jury on Thursday convicted former Theranos executive Ramesh “Sunny” Balwani of collaborating with disgraced Theranos CEO Elizabeth Holmes in a massive fraud involving the blood-testing company that once enthralled Silicon Valley.

The fate of hard-nosed technology executive Ramesh “Sunny” Balwani is now in the hands of a jury that will weigh criminal charges alleging he joined disgraced Theranos CEO Elizabeth Holmes, his former partner, in an elaborate fraud that jarred Silicon Valley.

Federal prosecutors on Tuesday depicted former Theranos executive Ramesh “Sunny”” Balwani as an instrumental accomplice in a fraud hatched by his secret lover, Theranos CEO Elizabeth Holmes, while his lawyers depicted him as a loyal soldier who tried to save the blood-testing company.

Former Theranos executive Sunny Balwani is on trial for similar charges as Elizabeth Holmes faced last year.

Theranos founder's lawyers challenged evidence submitted by prosecutors and said there is no proof she conspired to commit fraud with "Sunny" Balwani.

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It’s all too easy to forget the victims and glamorize the grifter.

Although not in the courtroom, Theranos CEO Elizabeth Holmes loomed over the opening day of a trial that will determine whether her jilted lover and former business partner Ramesh “Sunny” Balwani was her partner in crime.

In a time when TV is taking on the failures of “lean in” feminism, two new shows offer relatable stories of women strivers.

Ramesh “Sunny” Balwani won’t face jurors who have seen the dramatization of his time at the company. Defendants in other trials probably won’t be as lucky.

Ramesh “Sunny” Balwani, the jilted lover and business partner of former Theranos CEO Elizabeth Holmes, will finally get a chance to defend himself against allegations that he was her accomplice in a Silicon Valley ruse revolving around a ballyhooed blood-testing technology that flopped.

Ramesh "Sunny" Balwani, Elizabeth Holmes' ex-boyfriend and business partner, is set to face the jury in his criminal fraud trial this week.

"The Dropout," "Joe vs Carole" and more great shows and movies to stream this week.

Amanda Seyfried stars as Holmes in the new Disney+ show

A jury has ended the suspense surrounding the fraud trial of former Theranos CEO Elizabeth Holmes by finding her guilty on four of the 11 charges facing her, but some issues in the legal drama remain unresolved.

The fraud conviction of former Theranos CEO Elizabeth Holmes could do more than just send a once-celebrated billionaire to prison for years.

Elizabeth Holmes has been convicted of duping investors into believing her startup Theranos had developed a revolutionary medical device that could detect a multitude of diseases and conditions from a few drops of blood.

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes departed court Wednesday without reaching a verdict after six days of deliberations.

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes left the court Tuesday without reaching a verdict after a fifth day of deliberations.

The jury weighing fraud charges against former Theranos CEO Elizabeth Holmes completed a fourth day of deliberations Monday without reaching a verdict.

Defendants spoke directly to jurors in a series of recent high-profile trials, defying conventional wisdom that the risks of a client taking the stand usually outweigh the benefits.

Jurors in the fraud trial of former Theranos CEO Elizabeth Holmes returned to the courtroom Thursday to listen to a replay of audio recordings that captured her brash promises about a vaunted blood-testing technology the propelled her meteoric rise and scandalous downfall.

The high-profile trial of former Theranos CEO Elizabeth Holmes boils down to a single question: Did she cover up defects in her startup’s blood-testing technology to rip off investors while potentially endangering the lives of unwitting patients.

The jurors now responsible for assessing 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes are scheduled to begin their first full day of deliberations Monday.

The jury that will weigh 11 charges of fraud and conspiracy against former Theranos CEO Elizabeth Holmes finally got the case late Friday after a three-month trial that captivated Silicon Valley.

Jurors in the case of former Theranos CEO Elizabeth Holmes on Thursday heard starkly different interpretations of her motives and actions as her long-running criminal trial nears the finish line.

Once-lionized entrepreneur Elizabeth Holmes wrapped up seven days of testimony Wednesday in her criminal fraud trial, defending her actions as CEO of the startup Theranos.

The defense team for fallen Theranos founder Elizabeth Holmes has rested its case in Holmes' criminal fraud trial, setting up several days of preparation before closing arguments begin.

Former Theranos CEO Elizabeth Holmes spent another five hours on the witness stand Tuesday sparring with a federal prosecutor aiming to prove criminal allegations that she misled investors, customers, and patients about a flawed blood-testing technology that she spent years touting as a medical breakthrough.

Disgraced entrepreneur Elizabeth Holmes on Monday cast herself as the abused puppet of her former lover and business partner Sunny Balwani during tearful testimony aimed at refuting accusations she lied about a flawed blood-testing technology that hailed as a major breakthrough.

Biotechnology entrepreneur Elizabeth Holmes, a former billionaire accused of engineering a massive scam, expressed some remorse while on the witness stand Tuesday, but denied trying to conceal that her company’s blood-testing methods weren’t working as she had promised.

Fallen Silicon Valley star Elizabeth Holmes returned to the witness stand on Monday to tell a story likely to determine whether she is convicted or acquitted of criminal charges alleging she duped investors and patients into believing she had invented a breakthrough in blood-testing technology.

Fallen Silicon Valley star Elizabeth Holmes, accused of bamboozling investors and patients about her startup Theranos and its medical device that she said would reshape health care, unexpectedly took the witness stand Friday in her trial for criminal fraud.

A Fortune Magazine reporter whose story helped turn Elizabeth Holmes into a Silicon Valley sensation came to court Thursday to explain why he felt like he became a pawn in her attempts to hype a blood-testing technology she promised would revolutionize health care.

A jury weighing the fate of fallen Silicon Valley star Elizabeth Holmes has had its first chance to listen to recordings of her boasting to investors about purported breakthroughs in blood-testing technology.

Fallen Silicon Valley star Elizabeth Holmes convinced media mogul Rupert Murdoch and other billionaires to invest in her biotechnology startup despite warnings its unconventional blood tests were dangerously unreliable.

Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle.

The highly anticipated fraud trial of fallen Silicon Valley star Elizabeth Holmes began Wednesday with dueling portraits of the former entrepreneur sketched by prosecutors and defense lawyers.

Elizabeth Holmes once seemed destined to fulfill her dream of becoming Silicon Valley's next superstar.

A jury is being assembled to decide the fate of Elizabeth Holmes, a former Silicon Valley star facing felony charges of duping her elite financial backers and a high-powered board of directors into believing she had invented a revolutionary blood-testing technology that could detect hundreds of diseases with a finger prick.

Elizabeth Holmes appeared in court Wednesday, where she won a request to quickly be granted access to millions of FDA documents in order to pull together her defense ahead of next year's trial. But the FDA was concerned that expediting the process of turning over the documents could potentially out a confidential informant. Holmes was photographed confidently striding out of federal court following the legal victory. RELATED STORIESElizabeth Holmes' New Hairdo Raises Eyebrows as Trial Is Set for Next SummerDid Elizabeth Holmes Get Married in Secret in an Effort to Get Pregnant Before Trial? Elizabeth Holmes Moves Out of San Francisco Apartment Where Inside Edition Tracked Her Down

Elizabeth Holmes will officially go to trial next summer. Holmes fell hard when her company was shuttered last year and federal authorities accused her of "massive fraud." Two months later, Holmes was charged with multiple counts of fraud for misleading investors, government officials and consumers about Theranos' technology. RELATED STORIESDid Elizabeth Holmes Get Married in Secret in an Effort to Get Pregnant Before Trial? Elizabeth Holmes Moves Out of San Francisco Apartment Where Inside Edition Tracked Her DownAccused of Massive Fraud, Elizabeth Holmes Now Spends Her Days With Fiance, Dog

Former Theranos founder and CEO Elizabeth Holmes leaves the Robert F. Peckham U.S. Federal Court on June 28, 2019, in San Jose, California. (CNN) - Elizabeth Holmes, founder of failed blood-testing startup Theranos, will go to trial August 4, 2020, a federal judge ruled Friday in San Jose, California. Holmes was indicted on federal wire fraud charges in June 2018 and stepped down from the company minutes before the charges were made public. Holmes and Balwani are both charged with two counts of conspiracy to commit wire fraud and nine counts of wire fraud. In September 2018, Theranos announced it was preparing to dissolve.