Current:Home > reviewsElizabeth Holmes could serve less time behind bars than her 11-year sentence -TruePath Finance
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-13 11:51:35
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! (618)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Newspaper publisher and reporter arrested and accused of revealing grand jury information
- Tyler Christopher, General Hospital and Days of Our Lives actor, dies at 50
- D-backs’ Zac Gallen loses World Series no-hit bid on Corey Seager’s leadoff single in 7th inning
- Questlove charts 50 years of SNL musical hits (and misses)
- AP news site hit by apparent denial-of-service attack
- Approaching Storm Ciarán may bring highest winds in France and England for decades, forecasters warn
- How good is Raiders' head-coaching job? Josh McDaniels' firing puts Las Vegas in spotlight
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Kim Kardashian's Son Saint West Debuts Buzzed Hair and Tattoo Look for Halloween
Ranking
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Eminem's Daughter Hailie Jade Shares Rare Insight Into Bond With Sibling Stevie
- Tyler Christopher, General Hospital and Days of Our Lives actor, dies at 50
- Princeton student who stormed Capitol is sentenced to 2 months behind bars
- A South Texas lawmaker’s 15
- Jimmy Garoppolo benched for rookie Aidan O'Connell as Raiders continue shake-up
- Anger might help you achieve challenging goals, a new study says. But could your health pay the price?
- See the Photo of Sophie Turner and Aristocrat Peregrine Pearson's Paris PDA
Recommendation
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Court fights invoking US Constitution’s ‘insurrection clause’ against Trump turn to Minnesota
Toyota recalls nearly 1.9M RAV4s to fix batteries that can move during hard turns
Untangling the Complicated Timeline of Kyle Richards and Mauricio Umansky's Relationship
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Dozens of birds to be renamed in effort to shun racism and make science more diverse
Submissions for Ring's $1 million alien footage contest are here and they are hilarious
Princeton student who stormed Capitol is sentenced to 2 months behind bars