Elizabeth Holmes' Prison Sentence Reduced, Early Release Imminent

1 min read
Source: ABC News
Elizabeth Holmes' Prison Sentence Reduced, Early Release Imminent
Photo: ABC News
TL;DR Summary

Elizabeth Holmes, the disgraced former CEO of Theranos, may be eligible for early release from her 11-year prison sentence for defrauding investors with her blood-testing scam. Federal officials have confirmed that Holmes has behaved well during her time in prison and could be released nearly two years ahead of schedule. The U.S. Bureau of Prisons projects her release date to be December 29, 2032. Holmes' former partner, Ramesh "Sunny" Balwani, who was also convicted of fraud, is also on track for an early release. Both Holmes and Balwani are pursuing appeals to overturn their convictions.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

2 min

vs 3 min read

Condensed

78%

43695 words

Want the full story? Read the original article

Read on ABC News