Elizabeth Holmes, the disgraced former chief executive of the blood-testing company Theranos, has had her federal prison sentence shortened again, new

Theranos fraudster Elizabeth Holmes has prison sentence reduced again

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2024-05-07 15:30:03

Elizabeth Holmes, the disgraced former chief executive of the blood-testing company Theranos, has had her federal prison sentence shortened again, new records show.

The 40-year-old Holmes is now scheduled for release on 16 August 2032 from a federal women’s prison camp in Bryan, Texas, according to the US Bureau of Prisons website.

A spokesperson for the Bureau of Prisons confirmed Holmes’s amended sentence to the Guardian but said he could not comment further due to “privacy, safety and security reasons” for inmates.

People incarcerated in the US can have their sentences shortened for good conduct and for completing rehabilitation programs, such as a substance abuse program.

The latest reduction of Holmes’s sentence still meets federal sentencing guidelines. Those guidelines mandate that people convicted of federal offenses must serve at least 85% of their sentence, regardless of reductions for good behavior.

In 2022, Holmes was sentenced to 11 years and three months in prison after being convicted on four counts of defrauding investors.