Current:Home > NewsElizabeth Holmes could serve less time behind bars than her 11-year sentence -Secure Horizon Growth
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-12 17:27:34
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! (888)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- California becomes the first state to adopt emission rules for trains
- Rediscovered Reports From 19th-Century Environmental Volunteers Advance the Research of Today’s Citizen Scientists in New York
- North Carolina Hurricanes Linked to Increases in Gastrointestinal Illnesses in Marginalized Communities
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- The path to Bed Bath & Beyond's downfall
- Kate Spade 24-Hour Flash Deal: Get This $250 Crossbody Bag for Just $59 and a Free Wallet
- Your Mission: Enjoy These 61 Facts About Tom Cruise
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Steve Irwin's Son Robert Irwin and Heath Ledger's Niece Rorie Buckey Made Red Carpet Debut
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- ESPN announces layoffs as part of Disney's moves to cut costs
- Shares of smaller lenders sink once again, reviving fears about the banking sector
- In the Race for Pennsylvania’s Open U.S. Senate Seat, Candidates from Both Parties Support Fracking and Hardly Mention Climate Change
- North Carolina justices rule for restaurants in COVID
- In the Democratic Republic of Congo, the Unintended Consequences of ‘Fortress Conservation’
- Prince William got a 'very large sum' in a Murdoch settlement in 2020
- Brittany goes to 'Couples Therapy;' Plus, why Hollywood might strike
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
In the US West, Researchers Consider a Four-Legged Tool to Fight Two Foes: Wildfire and Cheatgrass
In Georgia, Warnock’s Climate Activism Contrasts Sharply with Walker’s Deep Skepticism
Plans To Dig the Biggest Lithium Mine in the US Face Mounting Opposition
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Dream Kardashian, Stormi Webster and More Kardashian-Jenner Kids Have a Barbie Girls' Day Out
How to fight a squatting goat
Sue Johanson, Sunday Night Sex Show Host, Dead at 93
Like
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Why Bachelor Nation's Tayshia Adams Has Become More Private Since Her Split With Zac Clark
- Environmentalists in Chile Are Hoping to Replace the Country’s Pinochet-Era Legal Framework With an ‘Ecological Constitution’