Sunny Balwani

Sunny Balwani

Ramesh "Sunny" Balwani is a Pakistani businessman who was the former president and chief operating officer of Theranos, which was a privately held health technology company founded by his then-girlfriend Elizabeth Holmes. He and Holmes fraudulently represented that they had devised a revolutionary blood test that required only small amounts of blood, such as from a fingerstick. Both Balwani and Holmes were convicted of fraud. The consequences of the fraud led to the collapse of Theranos, while private investors lost $700M to $945M in real money and nearly $10 billion in potential value at its peak. Starting in 2015, Theranos came under criticism in the media due to its questionable claims and practices. The company was eventually liquidated. Balwani and Holmes were criminally charged by federal authorities for operating the business as a multi-million dollar scheme to defraud investors and patients. Holmes was found guilty and sentenced to 11 years and 3 months in prison.

Data Source : Wikipedia

• Entity:  Criminal

• Born:  June 13, 1965, Sindh, Pakistan
• Age:  61 Years
• Other names:  Sunny Balwani
• Education:  University Of Texas At Austin (Bs), University Of California, Berkeley – Haas School Of Business (Mba), Stanford University
• Known for:  Former President And Coo Of Theranos, Criminal Fraud
• Criminal penalty:  12 Years And 11 Months
• Criminal status:  Incarcerated Since April 20, 2023
• Born:  13 June 1965
• Wikidata description:  Former President And Chief Operating Officer Of Theranos
• Wikidata label:  Ramesh Balwani
• Wikidata aliases:  Ramesh Balwani, Sunny Balwani

• Related Topics:  Businesspeople From Sindh, Pakistani Emigrants To India, Pakistani Hindus, Haas School Of Business Alumni, American Hindus, Microsoft Employees, American People Convicted Of Fraud