Current:Home > StocksElizabeth Holmes could serve less time behind bars than her 11-year sentence -Thrive Success Strategies
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-16 08:38:23
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! (77541)
Related
- Nevada attorney general revives 2020 fake electors case
- Federal Agency Undermining State Offshore Wind Plans, Backers Say
- Climate Change Threatens a Giant of West Virginia’s Landscape, and It’s Rippling Through Ecosystems and Lives
- Let's go party ... in space? First Barbie dolls to fly in space debut at Smithsonian museum
- Current, future North Carolina governor’s challenge of power
- In Oklahoma, a woman was told to wait until she's 'crashing' for abortion care
- Fracking Study Finds Low Birth Weights Near Natural Gas Drilling Sites
- 7-year-old accidentally shoots and kills 5-year-old in Kentucky
- The company planning a successor to Concorde makes its first supersonic test
- Ex-NYPD sergeant convicted of acting as Chinese agent
Ranking
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- A decoder that uses brain scans to know what you mean — mostly
- 12 House Republicans Urge Congress to Cut ANWR Oil Drilling from Tax Bill
- Is incredible, passionate sex still possible after an affair?
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Woman sentenced in baby girl's death 38 years after dog found body and carried her back to its home
- What’s an Electric Car Champion Doing in Romney’s Inner Circle?
- Shawn Mendes and Camila Cabello’s New PDA Pics Prove Every Touch Is Ooh, La-La-La
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
A flash in the pan? Just weeks after launch, Instagram Threads app is already faltering
Missouri to restrict gender-affirming care for trans adults this week
The Voice’s Niall Horan Wants to Give This Goodbye Gift to Blake Shelton
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Abortion policies could make the Republican Party's 'suburban women problem' worse
Diet culture can hurt kids. This author advises parents to reclaim the word 'fat'
Khartoum's hospital system has collapsed after cease-fire fails