Current:Home > FinanceSafeX Pro Exchange|Elizabeth Holmes could serve less time behind bars than her 11-year sentence -TradeWisdom
SafeX Pro Exchange|Elizabeth Holmes could serve less time behind bars than her 11-year sentence
SignalHub View
Date:2025-04-10 08:03:46
Theranos founder Elizabeth Holmes could SafeX Pro Exchangeleave 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! (5)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Are banks, post offices, UPS and FedEx open on Easter 2024? What to know
- These Republicans won states that Trump lost in 2020. Their endorsements are lukewarm (or withheld)
- Cardinals' Kyler Murray has funny response to Aaron Donald's retirement announcement
- Average rate on 30
- Colorado power outage tracker: Map shows nearly 50,000 without power amid winter storm
- Suspected tornadoes kill at least 3 in Ohio, leave trail of destruction in Indiana, Kentucky
- Prince William and Prince Harry Honor Late Mom Princess Diana With Separate Appearances
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- TikTok could draw a range of bidders, but deal would face major hurdles
Ranking
- What to watch: O Jolie night
- 50 killed in anti-sorcery rituals after being forced to drink mysterious liquid, Angola officials say
- Newly discovered giant turtle fossil named after Stephen King character
- Pioneer Woman Ree Drummond Denies Using Ozempic Amid Weight Loss Transformation
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, One Alarm (Freestyle)
- Brittany Cartwright Reveals How Getting Facial Liposuction Negatively Affected Her Appearance
- Truck driver charged with negligent homicide in deadly super fog 168-car pileup in Louisiana
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Watch David Beckham Laugh Off a Snowboarding Fail During Trip With Son Cruz
Jax Taylor Addresses Cheating Rumors and Reveals the Real Reason for Brittany Cartwright Breakup
Climate protestors disrupt 'An Enemy of the People' while Michael Imperioli stayed in character
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
‘It was the life raft’: Transgender people find a safe haven in Florida’s capital city
Chiefs signing Hollywood Brown in move to get Patrick Mahomes some wide receiver help
Michigan fires basketball coach, 'Fab Five' legend Juwan Howard after five seasons