Current:Home > reviewsElizabeth Holmes could serve less time behind bars than her 11-year sentence -AssetTrainer
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-13 12:00:30
Theranos founder Elizabeth Holmes could leave prison a year and a half earlier than expected, Federal Bureau of Prisons records show.
According to the agency's inmate locator, Holmes' release date is scheduled for Dec. 29, 2032. That means she is slated to serve 9 years and seven months. In November a judge sentenced Holmes, who was also CEO of the blood-testing company, to 11 years and three months behind bars.
Holmes began serving her sentence Federal Prison Camp Bryan, a minimum-security prison for women in Bryan, Texas, on May 30.
A prisoner's release date can vary based on a number of factors, including time served prior to sentencing, credit for good conduct and even where a prisoner serves time, according to a memo from Prison Law Office, a nonprofit law firm.
The Bureau of Prisons didn't immediately reply to a request for comment.
Holmes was convicted of four counts of defrauding investors after a Wall Street Journal investigation in 2015 revealed the technology behind her company failed to work as promised. The report, which alleged Holmes had knowingly misled investors about the faulty tech, precipitated the unraveling of the company once valued at $9 billion and eventually led to Holmes facing criminal charges.
Former Theranos Chief Operating Officer Ramesh "Sunny" Balwani last year was sentenced to 12 years and 11 months in prison after being convicted on multiple counts of fraud. He began serving his term at FCI Terminal Island prison in San Pedro, Calif., in April. Bureau of Prisons records show he is scheduled for release on April 1, 2034, which means he would serve 11 years.
- In:
- Theranos Trial
- Elizabeth Holmes
veryGood! (6)
Related
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Unclear how many in Lahaina lost lives as Hawaii authorities near the end of their search for dead
- Suits Creator Reveals Irritating Feedback Royal Family Had for Meghan Markle's Character
- Kyle McCord getting start for Ohio State against Indiana, but QB battle will continue
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Youngkin calls lawmakers back to Richmond for special session on long-delayed budget
- A robot to help you order pancakes? IHOP enters the AI game with online order suggestions
- Tearful Vanessa Lachey Says She Had to Get Through So Much S--t to Be the Best Woman For Nick Lachey
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Myon Burrell, who was sent to prison for life as a teen but set free in 2020, is arrested
Ranking
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Lupita Nyong’o Gives Marvelous Look Inside Romance With Boyfriend Selema Masekela
- Ford will issue software update to address 'ear piercing' noises coming from speakers on these models
- Maui Electric responds to lawsuit, claims power lines were de-energized
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Nebraska tight end Arik Gilbert arrested on burglary charge
- Four students hospitalized in E. coli outbreak at the University of Arkansas
- The only defendant in the Georgia election indictment to spend time in jail has been granted bond
Recommendation
The White House is cracking down on overdraft fees
Former death row inmate pleads guilty to murder and is sentenced to 46 1/2 years in prison
Hurricane Idalia makes landfall in Florida, threatens 'catastrophic storm surge': Live updates
'It's what we do': Florida manatee caught in pound net rescued, freed by Virginia Marine Police
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Sarah Jessica Parker Adopts Carrie Bradshaw's Cat from And Just Like That
Our Place Sale: Save Up to 26% On the Cult Fave Cookware Brand
Boston will no longer require prospective spouses to register their sex or gender to marry