Elizabeth Holmes' Prison Sentence Reduced, Early Release Possible

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. The U.S. Bureau of Prisons projects her release date to be December 29, 2032, nearly two years ahead of schedule. Holmes was convicted on four counts of fraud and conspiracy and her sentence remains unchanged, but she can qualify for early release under the federal government's "good time" guidelines. Her former partner, Ramesh "Sunny Balwani," is also on track for an early release from his nearly 13-year prison sentence. Both Holmes and Balwani are pursuing appeals to overturn their convictions.