Current:Home > InvestFastexy:Elizabeth Holmes could serve less time behind bars than her 11-year sentence -Blueprint Money Mastery
Fastexy:Elizabeth Holmes could serve less time behind bars than her 11-year sentence
TrendPulse View
Date:2025-04-06 19:05:06
Theranos founder Elizabeth Holmes could Fastexyleave 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! (338)
Related
- Nevada attorney general revives 2020 fake electors case
- Jessica Hagedorn, R.F. Kuang among winners of American Book Awards, which celebrate multiculturalism
- 'Perfect Couple' stars Nicole Kidman, Liev Schreiber talk shocking finale
- Mariah Carey Speaks Out After Her Mom and Sister Die on the Same Day
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Texas is real No. 1? Notre Dame out of playoff? Five college football Week 2 overreactions
- 2024 CMA Awards: Beyoncé’s Cowboy Carter Album Shut Out of Nominations
- How to cope after a beloved pet crosses the rainbow bridge | The Excerpt
- Military service academies see drop in reported sexual assaults after alarming surge
- 2024 Halloween costume ideas: Beetlejuice, Raygun, Cowboys Cheerleaders and more
Ranking
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- What's the best state for electric cars? New 2024 EV index ranks all 50 states
- YouTube removes right-wing media company's channels after indictment alleges Russian funding
- Bruce Springsteen talks 'Road Diary' and being a band boss: 'You're not alone'
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- 'Devastated': Communities mourn death of Air Force cadet, 19; investigation launched
- 2025 Hyundai Tucson adds comfort, safety features for babies and pet passengers
- Powerball winning numbers for September 7: Jackpot climbs to $112 million
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
How many points did Caitlin Clark score today? She's closing in on rookie scoring record
Pregnant Campbell Pookie Puckett Reveals Why Maternity Fashion Isn’t So Fire
'Hillbilly Elegy' director Ron Howard 'concerned' by Trump and Vance campaign rhetoric
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Emily Blunt and John Krasinski's Daughters Hazel, 10, and Violet, 7, Make Rare Appearance at US Open
Oregon police recover body of missing newlywed bride; neighbor faces murder charge
Residents unharmed after small plane crashes into Arizona home, hospitalizing pilot