Current:Home > MyElizabeth Holmes could serve less time behind bars than her 11-year sentence -InvestSmart Insights
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-17 07:56:16
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! (3427)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Caitlin Clark's record-setting rookie year is over. How much better can she get?
- Americans are more likely to see Harris’ gender as a hurdle than they were for Clinton: AP-NORC poll
- California fire agency employee charged with arson spent months as inmate firefighter
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Activists Disrupt Occidental Petroleum CEO’s Interview at New York Times Climate Event
- Cardi B Calls Out Estranged Husband Offset as He Accuses Her of Cheating While Pregnant
- A man convicted of killing 4 people in a small Nebraska town faces the death penalty
- The company planning a successor to Concorde makes its first supersonic test
- Kentucky sheriff accused of killing judge in Letcher County pleads not guilty
Ranking
- Grammy nominee Teddy Swims on love, growth and embracing change
- The great supermarket souring: Why Americans are mad at grocery stores
- Who went home on Episode 2 of 'Survivor' Season 47? See the player who was voted out
- What to know about Jake Paul-Mike Tyson fight: date, odds, how to watch
- Former longtime South Carolina congressman John Spratt dies at 82
- Home cookin': Diners skipping restaurants and making more meals at home as inflation trend inverts
- Hurricane Helene threatens ‘unsurvivable’ storm surge and vast inland damage, forecasters say
- Local officials in upstate New York acquitted after ballot fraud trial
Recommendation
SFO's new sensory room helps neurodivergent travelers fight flying jitters
NASA, Boeing and Coast Guard representatives to testify about implosion of Titan submersible
Opinion: Who is Vince McMahon? He can't hide true self in 'Mr. McMahon' Netflix series
Gil Ramirez remains on 'Golden Bachelorette' as Joan hits senior prom. Who left?
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Artem Chigvintsev breaks silence on his arrest after prosecutors decide not to charge him
Hoda Kotb announces 'Today' show exit in emotional message: 'Time for me to turn the page'
Opinion: Who is Vince McMahon? He can't hide true self in 'Mr. McMahon' Netflix series