Opening arguments begin   today in the  San Jose, California courtroom   for Ramesh “Sunny” Balwani” where Holmes stood trial and was convicted.

Elizabeth Holmes, the chief executive officer of Theranos, was convicted of four counts of federal fraud. A court filing proposed terms of sentencing. The filing said that she would be placed under a $500,000 bond, which would be secured by property. She will be sentenced on September 12, according to a report by CNBC.

The Silicon Valley based startup has wiped out $945 million that was invested by wealthy individuals. Records reveal that Elizabeth Holmes stayed in an expensive apartment as the company kept losing money. The apartment, with a fantastic view which overlooked the Golden Gate Bridge in San Francisco, cost $5,395 a month.

The proposed stipulation that was filed by both by the government as well as by the attorneys for Elizabeth Holmes stated that the parties had agreed that the sentencing hearing would take place following Labor Day this year. They considered this appropriate as there were “ongoing proceedings in a related matter.”

Her lover and  business partner “Sunny” Balwani   in their company Theranos, was indicted with the same charges as Holmes. Holmes is set to hear her fate if she will spend 20 plus years in prison in September.

Balwani has at least a dozen federal wire fraud and conspiracy charges accusing him that he also knowingly  misrepresented facts about what Theranos’ blood testing could do. The case involves how Holmes and Balwani lied to  investors, doctors, and  the patients for material gain. Balwani could go to prison for 20 years and be ordered to pay a fine of $250,000 plus restitution on every  count of wire fraud and   for each conspiracy count. He pleads not guilty.

No cameras are allowed in the courtroom, therefore it will not be televised, The trial will last about three months.