There is a new date of Nov 11, 2022, 03:33pmEST.
She was found guilty of three counts of wire fraud and one count of conspiracy to commit fraud over her blood testing company.
There is a federal court in San Jose.
130 people submitted letters of support for her, according to a sentencing memo filed on Thursday.
If he is sentenced on November 18, he faces up to 20 years in prison for each count, though they are likely to be served at the same time.
For the rest of her life, she and her family will be punished for starting the health tech company when she was only 19 years old.
A jury found Balwani guilty of 12 counts of wire fraud and conspiracy to commit wire fraud.
The judge denied the request for a new trial.
When she dropped out of college to start Theranos, she was called a Silicon Valley whiz kid. Murdoch and Kissinger invested in the company that claimed it could perform hundreds of tests using only a single drop. The company was exposed as a fraud in a series from the Wall Street Journal, despite the fact that it was on the cover of several magazines. The two men were charged in the same year but were not tried together. During her trial last year, she made mistakes as a leader, but she wasn't trying to cheat patients or investors. She was found guilty of defrauding investors, but not of patients or doctors, and the jury couldn't agree on other counts. Balwani and Holmes began a relationship before he joined Theranos, and she has accused him of abusing her. Balwani will be sentenced to 20 years in prison after being found guilty on all 12 counts.
The woman was found guilty on wire fraud charges.
The business partner of ElizabethHolmes was found guilty of fraud.
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