Current:Home > MyElizabeth Holmes could serve less time behind bars than her 11-year sentence -TradeSphere
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-15 13:56:03
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! (44835)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Robot baristas and AI chefs caused a stir at CES 2024 as casino union workers fear for their jobs
- Pat McAfee. Aaron Rodgers. Culture wars. ESPN. Hypocrisy. Jemele Hill talks it all.
- Kalen DeBoer's first assignment as Alabama football coach boils down to one word
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- North Carolina Gov. Cooper gets temporary legal win in fight with legislature over board’s makeup
- NFL playoff games ranked by watchability: Which wild-card matchups are best?
- 1 man presumed dead, 2 rescued after avalanche hits Idaho mountain, authorities say
- Intellectuals vs. The Internet
- Josh Groban never gave up his dream of playing 'Sweeney Todd'
Ranking
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- A Proud Boys member who wielded an axe handle during the Capitol riot gets over 4 years in prison
- Kashmir residents suffer through a dry winter waiting for snow. Experts point to climate change
- During 100 days of war, a Gaza doctor pushes through horror and loss in his struggle to save lives
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Lawmakers may look at ditching Louisiana’s unusual ‘jungle primary’ system for a partisan one
- Halle Bailey’s Boyfriend DDG Says She’s Already a “Professional Mom”
- Kalen DeBoer's first assignment as Alabama football coach boils down to one word
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Are We Having Fun Yet? The Serious Business Of Having Fun
AP PHOTOS: 100 days of agony in a war unlike any seen in the Middle East
Kashmir residents suffer through a dry winter waiting for snow. Experts point to climate change
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Los Angeles man pleads not guilty to killing wife and her parents, putting body parts in trash
Lawmakers may look at ditching Louisiana’s unusual ‘jungle primary’ system for a partisan one
War in Gaza, election factor into some of the many events planned for MLK holiday