Current:Home > MarketsElizabeth Holmes could serve less time behind bars than her 11-year sentence -ProfitLogic
Elizabeth Holmes could serve less time behind bars than her 11-year sentence
Ethermac View
Date:2025-04-10 21:29:02
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! (6251)
Related
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Missouri mom charged after 4-year-old daughter found dead from drug overdose, police say
- The Daily Money: Has the Great Resignation fizzled out?
- Sculpture park aims to look honestly at slavery, honoring those who endured it
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Former Olympian Caitlyn Jenner backs New York county’s ban on transgender female athletes
- Psst, the Best Vacuum Cleaners are on Sale at Walmart Right Now: Bissell, Dyson, Shark & More
- Which NCAA basketball teams are in March Madness 2024? See the full list by conference
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Love Is Blind's Chelsea and Jimmy Reunite Again in Playful Video
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Supreme Court chief justice denies ex-Trump aide Peter Navarro’s bid to stave off prison sentence
- What is the average life expectancy? And how to improve your longevity.
- Can an assist bring Sports Illustrated back to full strength? Here's some of the mag's iconic covers
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Will Messi play with Argentina? No. Hamstring injury keeps star from Philly, LA fans
- Lisa Vanderpump Breaks Silence on Jax Taylor and Brittany Cartwright's Breakup
- Is the Great Resignation over? Not quite. Turnover stays high in these industries.
Recommendation
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Why Elizabeth Hurley Felt Safe Filming Sex Scenes Directed By Her Son
Heat-seeking drone saves puppy's life after missing for five days
As housing costs skyrocket, Sedona will allow workers to live in cars. Residents aren't happy
Senate begins final push to expand Social Security benefits for millions of people
Don't dismiss Rick Barnes, Tennessee this March: Dalton Knecht could transcend history
An Alabama sculpture park evokes the painful history of slavery
When is spring 2024? What to know about the vernal equinox as we usher in a new season