SAN FRANCISCO (AP) — Embattled Theranos CEO Elizabeth Holmes, who has served more than 11 years in prison for defrauding investors in a blood test, is doing well in the first six weeks of her sentence, so she’s been released for almost two years. earlier than planned. , government officials confirmed on Tuesday. The U.S. Bureau of Prisons now awaits the 39-year-old Holmes’ release from Bryan, Texas, on December 29, 2032. 11 years and 3 months. In November, U.S. There were four counts of fraud and conspiracy against District Judge Edward Davila in San Jose, California.
Holmes’ sentence has not been commuted, but like all inmates, he is entitled to early release under the government’s “have a good time” guidelines. His expected release date is a few weeks before his 49th birthday, a long-term prisoner.
When Davila Holmes was sentenced, legal experts estimated that he could be out of prison in as little as nine years. The Prison Service declined to disclose specific reasons for Holmes’ expected release date, citing “reasons of confidentiality, safety, and security” in a statement to the Associated Press on Tuesday. “All inmates will be given time to behave well and will wait to be on release day,” he said, seeking early release from nearly 13 years in prison after being convicted of 12 counts of fraud and conspiracy. According to the Department of Defense, Balwani’s release date is April 1, 2034. That’s nearly 11 years after he began his sentence in a Southern California prison.
Both Holmes and Balwani, 57, hope to be released as soon as their lawyers appeal to have their convictions reversed.