Current:Home > InvestElizabeth Holmes could serve less time behind bars than her 11-year sentence -ApexWealth
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-11 21:06:24
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! (7788)
Related
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Pakistani raid on a militant hideout near Afghanistan leaves 3 militants dead, the military says
- Struggling Chargers cornerback J.C. Jackson has arrest warrant issued in Massachusetts
- Russians committing rape, 'widespread' torture against Ukrainians, UN report finds
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Former Massachusetts transit worker pleads guilty to 13 charges, including larceny, bribery, fraud
- 'Sweet' Texas grocery store worker killed when gun went off while trying to pet dog
- In letter, Mel Tucker claims Michigan State University had no basis for firing him
- Buckingham Palace staff under investigation for 'bar brawl'
- Driver pleads not guilty in Vermont crash that killed actor Treat Williams
Ranking
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Powerball jackpot nears $800 million, 4th largest in game's history: When is next drawing?
- Kerry Washington details biological father revelation, eating disorder, abortion in her 20s
- Canada House speaker apologizes for praising veteran who fought for Nazis
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- UAW demands cost-of-living salary adjustment as Americans feel pinch of inflation
- 'Murder in Apt. 12': About Dateline's new podcast unpacking the killing of Arkansas beauty queen
- Flooding in the Mexican state of Jalisco leaves 7 people dead and 9 others missing
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
How you can stay safe during sudden, severe turbulence
UAW demands cost-of-living salary adjustment as Americans feel pinch of inflation
After 4 months, Pakistan resumes issuing ID cards to transgender people, officials say
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Third person charged in fentanyl-exposure death of 1-year-old at Bronx daycare center
Hayden Panettiere Pays Tribute to Late Brother Jansen on What Would’ve Been His 29th Birthday
Florida city duped out of $1.2 million in phishing scam, police say