Current:Home > ContactElizabeth Holmes could serve less time behind bars than her 11-year sentence -BeyondProfit Compass
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-16 07:40:31
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! (81362)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Mark Ronson Teases Ryan Gosling's Bananas 2024 Oscars Performance of I'm Just Ken
- March Madness automatic bids 2024: Who has clinched spot in men's NCAA Tournament?
- Pennsylvania truck drive realized he won $1 million after seeing sign at Sheetz
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Hailee Steinfeld Proves All That Glitters Is Gold With Stunning 2024 Oscars Look
- Permanent daylight saving time? Politicians keep trying to make it a reality.
- 2 women drove a man’s body to a bank to withdraw his money, Ohio police say
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Messi the mega influencer: Brands love his 500 million followers and down-to-earth persona
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Dead man's body driven to bank and used to withdraw money, 2 Ohio women face charges
- Powerball winning numbers for March 9, 2024 drawing: Jackpot rises to $521 million
- Mike Tyson back in the ring? Just saying those words is a win for 'Iron Mike' (and boxing)
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Josh Hartnett, Tamsin Egerton & More Red Carpet Couples Turning Oscars 2024 Into A Date Night
- Broncos are sending receiver Jerry Jeudy to the Browns for two draft picks, AP sources say
- Great Barrier Reef undergoing mass coral bleaching event for 5th time in nearly a decade
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
For years, an Arkansas man walked 5 miles to work. Then hundreds in his community formed a makeshift rideshare service.
West Virginia Legislature ends session with pay raises, tax cut and failure of social issue bills
Jennifer Aniston 'couldn’t believe' this about her 'Friends' namesake Rachel Zegler
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Back off, FTC. Suing to stop Kroger-Albertsons merger exemplifies bumbling bureaucracy.
Nationwide review finds patchwork, ‘broken’ systems for resolving open records disputes
States have hodgepodge of cumbersome rules for enforcing sunshine laws