In what is considered to be one of the biggest frauds in Silicon Valley, Balwani was convicted on all 12 charges in July for his role at Theranos. He has been sentenced to a prison term of 13 years
"I am devastated by my failings," Holmes said. "Looking back there are so many things I'd do differently if I had the chance. I tried to realize my dream too quickly."
Holmes stands out among white-collar criminals because relatively few of them are women convicted of such serious fraud, legal experts say
The federal jury in San Jose on Thursday found Pakistan-born Balwani, 57, guilty of two counts of conspiracy and ten counts of wire fraud through a multimillion-dollar scheme