Current:Home > MyElizabeth Holmes could serve less time behind bars than her 11-year sentence -CapitalTrack
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-12 11:12:04
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! (3)
Related
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- GLAAD gives social media giants poor grades over lack of protections for LGBTQ users
- The Space Force is scrapping the annual fitness test in favor of wearable trackers
- Would you like a side of offshoring with that?
- Travis Hunter, the 2
- Why Melissa Joan Hart Says There Won't Be a Reboot of the Original Sabrina The Teenage Witch
- Ashley Graham Reveals Husband Justin Ervin Got a Vasectomy After Twins' Birth
- Law Roach Denies Telling Former Client Priyanka Chopra She's Not Sample-Sized
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- 16 Fashion Fixes You Never Knew You Needed
Ranking
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- King Charles reminds U.K. commuters to mind the gap ahead of his coronation
- Shawn Mendes Clears the Air on Sabrina Carpenter Dating Rumors
- Kate Spade 24-Hour Flash Deal: Get This $300 Crossbody Bag for Just $59
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Google celebrates NASA's DART mission with a new search gimmick
- iPhone users can now edit and unsend text messages (but only to other iPhone users)
- After a serious breach, Uber says its services are operational again
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
'Smart gun' innovators seek to reduce firearm deaths
Serbia school shooting leaves 8 students and a guard dead as teen student held as suspect
Mother of Austin Tice, journalist kidnapped in Syria in 2012, continues pushing for his release
US appeals court rejects Nasdaq’s diversity rules for company boards
Facebook users reporting celebrity spam is flooding their feeds
Vanderpump Rules Reveals First Footage of Tom Sandoval and Ariana Madix's Post-Affair Fight
When it comes to data on your phone, deleting a text isn't the end of the story