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FOUND: 7 - You Need To See This

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

Scammed: why the rich, famous and experts get duped more often than you think

The typical reaction to learning about how people have lost money to a con artist is “how could anyone be so gullible?” But it’s the wrong question. Fraudsters fool even the most clever and admired experts by playing on their psychological vulnerabilities.

The Conversation

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

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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

Prosecutors: Convicted CEO Elizabeth Holmes is a flight risk

Federal prosecutors say Elizabeth Holmes is a flight risk and shouldn’t be allowed to stay out of prison while she appeals her 11-year prison sentence for defrauding investors

The Independent UK

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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

First Thing: Democrats decry new House rules as a ‘ransom note to America’

Partisan lines divided the vote on rules, with no Democrats voting for them and only one Republican voting against. Plus, how US state agencies got funny

The Guardian - UK

Best of 2022: Why we loved these 16 shows, from Abbott Elementary to Andor

Here are some of our staff's favorite shows from this year!

USA Today Sports Media Group

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.

The Conversation

Edward Norton in Glass Onion brings to mind one man in particular – just admit it

Norton says his trillionaire tech bro in Netflix’s ‘Knives Out’ sequel is an amalgamation of three people – but everyone agrees that one stands out

The Independent UK

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The Independent UK

Edward Norton in Glass Onion brings to mind one man in particular – just admit it

Norton says his trillionaire tech bro in Netflix’s ‘Knives Out’ sequel is an amalgamation of three people – but everyone agrees that one stands out

The Walrus

Why Are We So Obsessed with Scammers?

As the threat of online fraud and phishing grows, so does our appetite for TV shows about con artists

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.

Fortune

The top policy battles for 2023, explained

Venture capitalist Bradley Tusk explains where policymakers will be digging into next year.

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

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