Current:Home > reviewsElizabeth Holmes could serve less time behind bars than her 11-year sentence -ThriveEdge Finance
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-13 02:26:33
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! (628)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Protests across Panama against new contract for Canadian copper mining company in biodiverse north
- Tennessee GOP is willing to reject millions in funding, if it avoids complying with federal strings
- New details emerge after off-duty pilot allegedly tried to shut off engines on flight
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- David Beckham's alleged mistress Rebecca Loos speaks out on Netflix doc, says rumors were 'true'
- Vanessa Hudgens Addresses Pregnancy Speculation After Being Accused of Trying to Hide a Bump
- The 49ers are on a losing streak after falling to Vikings in another uncharacteristic performance
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Four NBA teams that could jump back into playoffs this season
Ranking
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Kelly Ripa Shares Glimpse Inside Mother-Daughter Trip to London With Lola Consuelos
- Danny Masterson asks judge to grant Bijou Phillips custody of their daughter amid divorce
- Staff at NYC cultural center resign after acclaimed author's event canceled
- Trump wants to turn the clock on daylight saving time
- Alaska Airlines flight diverted, off-duty pilot Joseph Emerson arrested for trying to cut engines midflight, officials say
- Tom Bergeron Reflects on “Betrayal” That Led to His Exit From Dancing with the Stars
- Fully preserved ancient river landscape discovered beneath Antarctic ice sheet
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Why Jason Kelce Has Some Alarms Going Off About Travis Kelce & Taylor Swift's Highly-Publicized Romance
Israel increases strikes on Gaza, as two more hostages are freed
Mary Lou Retton in ‘recovery mode’ at home after hospital stay for pneumonia, daughter says
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
David Beckham's alleged mistress Rebecca Loos speaks out on Netflix doc, says rumors were 'true'
Michigan woman becomes first grand prize winner of state's Halloween-themed instant game
US suspending most foreign aid to Gabon after formal coup designation