Current:Home > MyElizabeth Holmes could serve less time behind bars than her 11-year sentence -NextWave Wealth Hub
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-27 12:25:17
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! (6)
Related
- Military service academies see drop in reported sexual assaults after alarming surge
- Kylie Kelce Pokes Fun at Herself and Husband Jason Kelce in Moving Commencement Speech
- Billionaire rains cash on UMass graduates to tune of $1,000 each, but says they must give half away
- Bella Hadid Frees the Nipple in Plunging Naked Dress at 2024 Cannes Film Festival
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- David Ortiz is humbled by being honored in New York again; this time for post-baseball work
- You may want to eat more cantaloupe this summer. Here's why.
- Mother who said school officials hid her teen’s gender expression appeals judge’s dismissal of case
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Maine man charged with stealing, crashing 2 police cars held without bail
Ranking
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Kennesaw State University student fatally shot in front of residence hall; suspect charged
- Judge blocks Biden administration from enforcing new gun sales background check rule in Texas
- Red Lobster seeks bankruptcy protection days after closing dozens of restaurants
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Hiker dies after falling from trail in Oregon’s Columbia River Gorge, officials say
- There's no clear NBA title favorite. Get used to it − true parity has finally arrived
- Scarlett Johansson Slams OpenAI for Using “Eerily Similar” Voice on ChatGPT’s Sky System
Recommendation
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
NYC mayor defends police response after videos show officers punching pro-Palestinian protesters
Daycare owner, employees arrested in New Hampshire for secretly feeding children melatonin
Primary ballots give Montana voters a chance to re-think their local government structures
Intellectuals vs. The Internet
Kylie Kelce Pokes Fun at Herself and Husband Jason Kelce in Moving Commencement Speech
CANNES DIARY: Behind the scenes of the 2024 film festival
Hometown of Laura Ingalls Wilder set for a growth spurt