Current:Home > MyElizabeth Holmes could serve less time behind bars than her 11-year sentence -MacroWatch
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-13 07:06:52
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! (535)
Related
- Nevada attorney general revives 2020 fake electors case
- Manatee stamps coming out to spread awareness about threatened species
- In Senegal’s capital, Nicaragua is a hot ticket among travel agents as migrants try to reach US
- White Christmas Star Anne Whitfield Dead at 85 After Unexpected Accident
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Prosecutors drop charges against former Iowa State athletes in gambling investigation
- Viral article used AI to create photo of Disney World's Cinderella Castle on fire
- Fanatics founder Michael Rubin says company unfairly blamed for controversial new MLB uniforms
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- New York Community Bancorp shares plummet amid CEO exit and loan woes
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Colorado paramedic sentenced to 5 years in prison for Elijah McClain’s death
- Ayesha Curry Is Pregnant, Expecting Baby No. 4 With Husband Stephen Curry
- Big Brother’s Memphis Garrett and Christmas Abbott Break Up After Less Than 2 Years of Marriage
- Retirement planning: 3 crucial moves everyone should make before 2025
- An arrest has been made in the slaying of a pregnant Amish woman in Pennsylvania
- U.S. interest payments on its debt are set to exceed defense spending. Should we be worried?
- You'll Want to Check Out Justin Bieber's New Wax Figure More Than One Time
Recommendation
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
The History of Bennifer: Why Jennifer Lopez and Ben Affleck Getting Back Together Is Still So Special
Olympian Katie Ledecky is focused on Paris, but could 2028 Games also be in the picture?
Q&A: Former EPA Administrator Gina McCarthy on New Air Pollution Regulations—and Women’s Roles in Bringing Them About
The Grammy nominee you need to hear: Esperanza Spalding
Millie Bobby Brown Dives Deep Into How Fiancé Jake Bongiovi Proposed
An arrest has been made in the slaying of a pregnant Amish woman in Pennsylvania
Social media is giving men ‘bigorexia,' or muscle dysmorphia. We need to talk about it.