Current:Home > ContactElizabeth Holmes could serve less time behind bars than her 11-year sentence -Infinite Wealth Strategies
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-28 13:29:45
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! (149)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Glen Taylor announces that Timberwolves are no longer for sale. Deal with A-Rod, Lore not completed
- Soccer star Vinícius Júnior breaks down in tears while talking about racist insults: I'm losing my desire to play
- NTSB says police had 90 seconds to stop traffic, get people off Key Bridge before it collapsed
- Grammy nominee Teddy Swims on love, growth and embracing change
- Green Day will headline United Nations-backed global climate concert in San Francisco
- Baltimore bridge rescues called off; insurers face billions in losses: Live updates
- West Virginia bill adding work search to unemployment, freezing benefits made law without signature
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Fourth Wing Author Rebecca Yarros Reveals Release Date of 3rd Book in Her Series
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Potential Changes to Alternate-Fuel Standards Could Hike Gas Prices in California. Critics See a ‘Regressive Tax’ on Low-Income Communities
- A timeline of the downfall of Sam Bankman-Fried and the colossal failure of FTX
- Italy expands controversial program to take mafia children from their families before they become criminals
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Non-shooting deaths involving Las Vegas police often receive less official scrutiny than shootings
- Alessandro Michele named new creative director of Valentino after Gucci departure
- Candace Cameron Bure Details Her Battle With Depression
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Civil rights icon Malcolm X gets a day of recognition in Nebraska, where he was born in 1925
Under threat of a splintering base, Obama and Clinton bring star power to rally Dems for Biden
Under threat of a splintering base, Obama and Clinton bring star power to rally Dems for Biden
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
US changes how it categorizes people by race and ethnicity. It’s the first revision in 27 years
Ex-New Mexico lawmaker facing more federal charges, accused of diverting money meant for schools
Riley Strain Case: Family Orders Second Autopsy After Discovery