Current:Home > ScamsElizabeth Holmes could serve less time behind bars than her 11-year sentence -Quantum Finance Bridge
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-18 21:03:59
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! (4)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- 2 people killed in shooting outside an Anchorage Walmart
- 'Cougar' sighting in Tigard, Oregon was just a large house cat: Oregon Fish and Wildlife
- US Navy plane overshoots runway and goes into a bay in Hawaii, military says
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Signature-gathering starts anew for mapmaking proposal in Ohio that was stalled by a typo
- Why Jason Kelce’s Wife Kylie Isn’t Sitting in Travis Kelce’s Suite for Chiefs vs. Eagles Game
- College football bowl eligibility picture. Who's in? Who's out? Who's still alive
- Small twin
- Taylor Swift’s Rio tour marred by deaths, muggings and a dangerous heat wave
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- 'Cougar' sighting in Tigard, Oregon was just a large house cat: Oregon Fish and Wildlife
- Lionel Messi at Maracanã: How to watch Argentina vs. Brazil in World Cup qualifier Tuesday
- Zach Edey, Braden Smith lead Purdue men's basketball to Maui Invitational win over Gonzaga
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Shakira Reveals Why She Decided to Finally Resolve Tax Fraud Case for $7.6 Million
- 100+ Kids Christmas movies to stream with the whole family this holiday season.
- CEO of Fortnite game maker casts Google as a ‘crooked’ bully in testimony during Android app trial
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Massachusetts to let homeless families stay overnight in state’s transportation building
Israel reveals signs of Hamas activity at Shifa, but a promised command center remains elusive
'Cougar' sighting in Tigard, Oregon was just a large house cat: Oregon Fish and Wildlife
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
With patriotic reggaeton and videos, Venezuela’s government fans territorial dispute with Guyana
Where is Thanksgiving most expensive? Residents in these US cities expect to pay more
California male nanny sentenced to over 700 years for sexual assaulting, filming young boys