Current:Home > MyElizabeth Holmes could serve less time behind bars than her 11-year sentence -Momentum Wealth Path
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
View
Date:2025-04-28 00:04:23
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! (79317)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Russian fighter pilots harass U.S. military drones in Syria for second straight day, Pentagon says
- Twitter has changed its rules over the account tracking Elon Musk's private jet
- These Father's Day Subscription Boxes From Omaha Steaks, Amazon & More Are the Perfect Gift Ideas for Dad
- Retirement planning: 3 crucial moves everyone should make before 2025
- Louisiana’s Governor Vetoes Bill That Would Have Imposed Harsh Penalties for Trespassing on Industrial Land
- Where Tom Schwartz Stands With Tom Sandoval After Incredibly Messed Up Affair With Raquel Leviss
- Warmer Temperatures May Offer California Farmers a Rare Silver Lining: Fewer Frosts
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Ezra Miller Makes Rare Public Appearance at The Flash Premiere After Controversies
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Gigi Hadid Shares Rare Glimpse of Her and Zayn Malik's Daughter Khai
- Elon Musk is using the Twitter Files to discredit foes and push conspiracy theories
- Tamra Judge Wore This Viral Lululemon Belt Bag on Real Housewives of Orange County
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Rachel Bilson’s Vibrator Confession Will Have You Buzzing
- U.S. expected to announce cluster munitions in new package for Ukraine
- There's a shortage of vets to treat farm animals. Pandemic pets are partly to blame
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Close Coal Plants, Save Money: That’s an Indiana Utility’s Plan. The Coal Industry Wants to Stop It.
Florida parents arrested in death of 18-month-old left in car overnight after Fourth of July party
Florida lawyer arrested for allegedly killing his father, who accused him of stealing from family trust
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Amy Schumer Trolls Sociopath Hilaria Baldwin Over Spanish Heritage Claims & von Trapp Amount of Kids
Q&A: A Human Rights Expert Hopes Covid-19, Climate Change and Racial Injustice Are a ‘Wake-Up Call’
Cities Pressure TVA to Boost Renewable Energy as Memphis Weighs Breaking Away