Current:Home > StocksElizabeth Holmes could serve less time behind bars than her 11-year sentence -StockSource
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
Robert Brown View
Date:2025-04-08 11:35:34
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! (82)
Related
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Water samples tested after Maine firefighting foam spill, below guidelines for dangerous chemicals
- No arrests in South Africa mass shootings as death toll rises to 18
- Former Tennessee Gov. Winfield Dunn, who left dentistry to win as a first-time candidate, dies at 97
- The White House is cracking down on overdraft fees
- The US is sending a few thousand more troops to the Middle East to boost security
- Las Vegas memorial to mass shooting victims should be complete by 10th anniversary
- Judge in Alaska sets aside critical habitat designation for threatened bearded, ringed seals
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Pregnant Brittany Mahomes Shares Why She’s “Always Proud” of Patrick Mahomes
Ranking
- Sam Taylor
- Kendra Wilkinson Teases Return to Reality TV Nearly 2 Decades After Girls Next Door
- Channing Tatum Admits He's Freaking Out Over Daughter Everly's Latest Milestone
- Cincinnati Opera postpones Afrofuturist-themed `Lalovavi’ by a year to the summer of 2026
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Plans to build green spaces aimed at tackling heat, flooding and blight
- RHONY's Brynn Whitfield Addresses Costar Rebecca Minkoff's Scientology Past
- Pete Rose dies at 83: Social media mourns MLB, Reds legend
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Ariana Grande Claps Back at the Discourse Around Her Voice, Cites Difference for Male Actors
Gwyneth Paltrow Celebrates 6th Wedding Anniversary to Brad Falchuk With PDA Photo
Beyoncé strips down with Levi's for new collab: See the cheeky ad
What do we know about the mysterious drones reported flying over New Jersey?
Conyers fire: Shelter-in-place still in effect after chemical fire at pool cleaning plant
Helene wreaks havoc across Southeast | The Excerpt
A sheriff is being retried on an assault charge for kicking a shackled detainee twice in the groin