Current:Home > MarketsElizabeth Holmes could serve less time behind bars than her 11-year sentence -WealthRoots Academy
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
Will Sage Astor View
Date:2025-04-08 14:11:49
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! (2)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Suspect in break-in at Los Angeles mayor’s official residence charged with burglary, vandalism
- Havertz scores 2 as Arsenal routs Chelsea 5-0 to cement Premier League lead
- Kim Kardashian Shares Photo With Karlie Kloss After Taylor Swift’s Tortured Poets Album Release
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- NBA playoffs Tuesday: Timberwolves take 2-0 lead on Suns; Pacers even series with Bucks
- Remnants of bird flu virus found in pasteurized milk, FDA says
- What is record for most offensive players picked in first round of NFL draft? Will it be broken?
- Travis Hunter, the 2
- 'He laughs. He cries': Caleb Williams' relatability, big arm go back to high school days
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Havertz scores 2 as Arsenal routs Chelsea 5-0 to cement Premier League lead
- Senate passes bill forcing TikTok’s parent company to sell or face ban, sends to Biden for signature
- Former Louisville pediatrician pleads guilty in murder-for-hire plot to kill ex-husband
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Justice Department to pay $138.7 million to settle with ex-USA gymnastics official Larry Nassar victims
- Kristi Yamaguchi Reveals What Really Goes Down in the Infamous Olympic Village
- Kim Kardashian Shares Photo With Karlie Kloss After Taylor Swift’s Tortured Poets Album Release
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Cicadas are making so much noise that residents are calling the police in South Carolina
What is record for most offensive players picked in first round of NFL draft? Will it be broken?
Why the military withdrawal from Niger is a devastating blow to the U.S., and likely a win for Russia
Taylor Swift makes surprise visit to Kansas City children’s hospital
Migrants indicted in Texas over alleged border breach after judge dismissed charges
Youngkin will visit Europe for his third international trade mission as Virginia governor
Mississippi man finds fossilized remains of saber-toothed tiger dating back 10,000 years