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U.S. seeking 15-year sentence for former Theranos president Sunny Balwani
Former Theranos president found guilty of fraud
FOX Business host Cheryl Casone has the latest on Sunny Balwani being found guilty of 12 counts of fraud for a Theranos scam on ‘The Claman Countdown.’
Federal prosecutors say former Theranos executive Ramesh "Sunny" Balwani deserves 15 years in prison for scamming investors out of hundreds of millions of dollars with false promises about the blood-testing startup's failed technology.
The government argued in a court filing this week that 180 months behind bars "would reflect the seriousness of the offenses, promote respect for the law, provide for just punishment for the offenses, and deter Balwani and others."