Current:Home > FinanceElizabeth Holmes could serve less time behind bars than her 11-year sentence -Secure Growth Academy
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-18 01:53:53
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! (3114)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Jimmy Fallon’s Kids Have Hilarious Reaction to Being Offered Taylor Swift and Beyoncé Tickets
- Caitlin Clark back in action: How to watch Indiana Fever vs. Connecticut Sun Tuesday
- Addison Rae’s Mom Sheri Easterling Marries High School Coach Jess Curtis
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Harris utters a profanity in advice to young Asian Americans, Native Hawaiians and Pacific Islanders
- Mississippi governor signs law restricting transgender people’s use of bathrooms and locker rooms
- Abuse victim advocates pushing Missouri AG to investigate Christian boarding schools
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Thomas Jefferson University goes viral after announcer mispronounces names at graduation
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Primaries in Maryland and West Virginia will shape the battle this fall for a Senate majority
- Florida family’s 911 call to help loved one ends in death after police breach safety protocols
- Miss USA resignations: CW 'evaluating' relationship with pageants ahead of live ceremonies
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Why Fans Think Chris Pratt Shaded Ex Anna Faris in Mother’s Day Tribute
- Grupo Frontera head for North American Jugando A Que No Pasa Nada tour: See dates
- Key Bridge controlled demolition postponed due to weather
Recommendation
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Body of New Mexico man recovered from Colorado River in Grand Canyon National Park
Takeaways from AP investigation into police training on the risks of handcuffing someone facedown
Tyson Fury's father, John, bloodied after headbutting member of Oleksandr Usyk's team
Intellectuals vs. The Internet
At Westminster dog show, a display of dogs and devotion
2 little-known Social Security rules to help maximize retirement benefits
Body of New Mexico man recovered from Colorado River in Grand Canyon National Park