Elizabeth Holmes was found guilty of duping investors in a blood-testing hoax. Because she has behaved well, her 11-year, three-month sentence could be cut by almost 2 years.
Disgraced Theranos CEO Elizabeth Holmes has apparently behaved well enough during the first six weeks of her more than 11-year prison sentence for duping investors in her blood-testing hoax to be eligible for release nearly two years ahead of schedule, federal officials confirmed Tuesday.
The U.S. Bureau of Prisons currently projects that Holmes, 39, will be released from a Bryan, Texas, prison on December 29, 2032. That would be 115 months, or slightly more than 9 1/2 years, after she began her prison sentence of 11 years and three months imposed by U.S. District Judge Edward Davila last November after her conviction on four counts of fraud and conspiracy following a high-profile trial in San Jose, California, that riveted Silicon Valley for months.
