Current:Home > ContactElizabeth Holmes could serve less time behind bars than her 11-year sentence -VisionFunds
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-17 04:58:02
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! (6882)
Related
- Nevada attorney general revives 2020 fake electors case
- California governor vows to take away funding from cities and counties for not clearing encampments
- Julianne Moore’s Son Caleb Freundlich Engaged to Kibriyaá Morgan
- Get an Extra 50% Off J.Crew Sale Styles, 50% Off Banana Republic, 40% Off Brooklinen & More Deals
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Philippe Petit recreates high-wire walk between World Trade Center’s twin towers on 50th anniversary
- Americans tested by 10K swim in the Seine. 'Hardest thing I've ever done'
- Water woes linger in New Orleans after wayward balloon causes power glitch, pressure drop
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Missouri man dies illegally BASE jumping at Grand Canyon National Park; parachute deployed
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Dementia patient found dead in pond after going missing from fair in Indiana, police say
- Forecasters still predict highly active Atlantic hurricane season in mid-season update
- Jelly Roll’s Wife Bunnie XO Faced “Death Scare” After Misdiagnosed Aneurysm
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
- Today Only! Save Up to 76% on Old Navy Bottoms – Jeans, Pants, Skirts & More Starting at $6
- Legal challenge seeks to prevent RFK Jr. from appearing on Pennsylvania’s presidential ballot
Recommendation
Bill Belichick's salary at North Carolina: School releases football coach's contract details
PHOTO COLLECTION: AP Top Photos of the Day Thursday August 8, 2024
Rain, wind from Tropical Storm Debby wipes out day 1 of Wyndham Championship
Snake hunters will wrangle invasive Burmese pythons in Everglades during Florida’s 10-day challenge
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
The Ultimate Guide to Microcurrent Therapy for Skin: Benefits and How It Works (We Asked an Expert)
Get an Extra 50% Off J.Crew Sale Styles, 50% Off Banana Republic, 40% Off Brooklinen & More Deals
US women’s volleyball prevailed in a 5-set ‘dogfight’ vs. Brazil to play for Olympic gold