Current:Home > reviewsElizabeth Holmes could serve less time behind bars than her 11-year sentence -ProfitZone
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-14 11:42:25
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! (3692)
prev:Bodycam footage shows high
next:Sam Taylor
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- These Secrets About Sleepless in Seattle Are Like... Magic
- Killings of Environmental Advocates Around the World Hit a Record High in 2020
- Phoenix shatters yet another heat record for big cities: Intense and unrelenting
- Tom Holland's New Venture Revealed
- Can India become the next high-tech hub?
- Bison gores woman at Yellowstone National Park
- SEC Proposes Landmark Rule Requiring Companies to Tell Investors of Risks Posed by Climate Change
- Nevada attorney general revives 2020 fake electors case
- Ashton Kutcher’s Rare Tribute to Wife Mila Kunis Will Color You Happy
Ranking
- Nevada attorney general revives 2020 fake electors case
- Toblerone is no longer Swiss enough to feature the Matterhorn on its packaging
- Emergency slide fell from United Airlines plane as it flew into Chicago O'Hare airport
- Warming Trends: Swiping Right and Left for the Planet, Education as Climate Solution and Why It Might Be Hard to Find a Christmas Tree
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Moderna's COVID vaccine gambit: Hike the price, offer free doses for uninsured
- Getting a measly interest rate on your savings? Here's how to score a better deal
- Nordstrom says it will close its Canadian stores and cut 2,500 jobs
Recommendation
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
The Dominion Lawsuit Pulls Back The Curtain On Fox News. It's Not Pretty.
Adidas reports a $540M loss as it struggles with unsold Yeezy products
And Just Like That's Costume Designers Share the Only Style Rule they Follow
A South Texas lawmaker’s 15
Adele Pauses Concert to Survey Audience on Titanic Sub After Tragedy at Sea
A Chicago legend, whose Italian beef sandwich helped inspire 'The Bear,' has died
The West Sizzled in a November Heat Wave and Snow Drought