Current:Home > MarketsTradeEdge-Elizabeth Holmes could serve less time behind bars than her 11-year sentence -WealthRoots Academy
TradeEdge-Elizabeth Holmes could serve less time behind bars than her 11-year sentence
TrendPulse Quantitative Think Tank Center View
Date:2025-04-08 15:38:38
Theranos founder Elizabeth Holmes could TradeEdgeleave 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! (158)
Related
- Why members of two of EPA's influential science advisory committees were let go
- Brittany Mahomes Shares She's Struggling With Hives and Acne in New Makeup-Free Selfies
- Sister Wives' Hunter Brown Shares How He Plans to Honor Late Brother Garrison
- After a county restricted transgender women in sports, a roller derby league said, ‘No way’
- Federal hiring is about to get the Trump treatment
- Joey King Reveals the Best Part of Married Life With Steven Piet
- Diddy investigated for sex trafficking: A timeline of allegations and the rapper's life, career
- How to watch surprise 5th episode of 'Quiet on Set' featuring Drake Bell and other stars
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Louie the raccoon from Florida named 2024 Cadbury Bunny, will soon make TV debut
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Who should be the NBA MVP? Making the case for the top 6 candidates
- Jason Dickinson scores twice as the Chicago Blackhawks beat the Calgary Flames 3-1
- Los Angeles Rams signing cornerback Tre'Davious White, a two-time Pro Bowler
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Why Eva Mendes Quit Acting—And the Reason Involves Ryan Gosling
- After a county restricted transgender women in sports, a roller derby league said, ‘No way’
- Are you eligible to claim the Saver's Credit on your 2023 tax return?
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Bird flu is spreading in a few states. Keeping your bird feeders clean can help
Krystal Anderson’s Husband Shares Heart-Wrenching Message After Past Kansas City Chiefs Cheerleader Dies
Shakira to play New York pop-up show in Times Square. Here's what you need to know.
In ‘Nickel Boys,’ striving for a new way to see
Frantic text after Baltimore bridge collapse confirms crew OK: 'Yes sir, everyone is safe'
Police investigate death of girl whose body was found in pipe after swimming at a Texas hotel
California Restaurant Association says Berkeley to halt ban on natural gas piping in new buildings