All articles tagged with #elizabeth holmes
Elizabeth Holmes, Theranos founder and fraud convict, reportedly asked President Trump for a commutation to shorten her prison term (she’s slated to serve until 2031). The piece notes Trump’s history of pardons and commutations for fraud-related cases, but a commutation would not erase the restitution Holmes owes (about $452 million), and it remains unclear whether Trump will grant her request.
Elizabeth Holmes, founder of Theranos, has asked President Trump to commute her prison sentence after a 2022 conviction for defrauding investors; the commutation request is pending with the DOJ’s pardon attorney. Holmes was sentenced to over 11 years, and Theranos collapsed following a Wall Street Journal exposé that undermined her blood-testing claims. Trump has issued numerous clemencies, though it’s unclear if he will grant this request.
Elizabeth Holmes has filed a clemency request with the Department of Justice asking President Donald Trump to commute her 11-year prison sentence for defrauding investors, potentially freeing her nearly six years early. Holmes is serving at Federal Prison Camp Bryan, Texas, after her 2022 conviction; an appeals court upheld the conviction and $452 million restitution against her and Sunny Balwani in 2025, and the White House will decide on pardons or commutations.
Elizabeth Holmes, the founder of Theranos, has had nearly three years shaved off her original 11-year prison sentence for defrauding investors, with her projected release date now set for December 30, 2031.
Ghislaine Maxwell has been transferred to Bryan Federal Prison Camp in Texas, a minimum-security facility where she shares space with Elizabeth Holmes and Jen Shah, all serving sentences for various crimes. The prison offers a relatively relaxed environment with structured routines, work, education, and visitation rights, but inmates must follow strict schedules. Maxwell's move comes amid renewed scrutiny of Jeffrey Epstein's case and the ongoing incarceration of these high-profile women.
Elizabeth Holmes celebrated her 40th birthday in prison with her family and friends at Federal Prison Camp Bryan in Texas, where she is serving an 11-year sentence for fraud. She was seen beaming and playing with her husband and children, and has reportedly made friends and is eligible for early release for good behavior. Holmes, the disgraced Theranos founder, was convicted on four counts of fraud and conspiracy in 2022 after her company's technology was exposed as a scam.
Elizabeth Holmes, founder of Theranos, has been banned from federal health programs for 90 years following her conviction for fraud related to the inaccurate and faulty blood-testing claims made by her startup. The Health and Human Services Department can exclude individuals convicted of certain felonies from Medicare, Medicaid, and Pentagon health programs, essentially barring them from working in the broader health care system. The ban is a result of "certain aggravating factors" such as the longevity of Theranos' fraud and Holmes' imprisonment. This decision comes after a trial that determined the unreliability of Theranos' testing technology, which had raised hundreds of millions of dollars and involved partnerships with prominent entities before its downfall.
Convicted scammers Elizabeth Holmes and Jen Shah have reportedly formed a friendship in prison, with Shah taking on a "motherly role" for Holmes. Shah, who is serving a 6.5-year sentence for her involvement in a telemarketing scheme, has been tutoring inmates, teaching a workout class, and offering advice to Holmes, who recently began her 9-to-11-year sentence for defrauding investors in her medical device company, Theranos. Both women are said to be bonding over their shared experiences and journey of positive change.
Elizabeth Holmes, the disgraced former CEO of Theranos, may be released from prison nearly two years earlier than originally sentenced for her role in defrauding investors. The U.S. Bureau of Prisons has projected her release date to be December 29, 2032, after serving approximately 9 1/2 years of her 11-year and three-month sentence. Holmes, convicted on four counts of fraud and conspiracy, is eligible 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 sentence. Both Holmes and Balwani are pursuing appeals to overturn their convictions.
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.
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.
Elizabeth Holmes, the disgraced CEO of Theranos, may be eligible for early release from her 11-year prison sentence for defrauding investors in 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' sentence remains the same, but she qualifies for early release under the federal government's "good time" guidelines. Her former partner, Ramesh "Sunny" Balwani, is also on track for early release from his 13-year sentence. Both Holmes and Balwani are pursuing appeals to overturn their convictions.
Elizabeth Holmes, the disgraced founder of Theranos, is projected to be released from prison two years earlier than her 11-year sentence, according to federal prison records. She is set to be freed on December 29, 2032. Holmes was convicted of fraud and conspiracy charges in 2022. The Bureau of Prisons does not comment on release plans or conditions of confinement for inmates. Holmes is appealing her conviction and is jointly responsible for making $452 million in restitution payments. Her attorneys claim she has limited financial resources following the collapse of Theranos.
Elizabeth Holmes, the founder of Theranos, has had her prison sentence reduced by nearly two years. Initially sentenced to over 11 years for multiple counts of fraud, Holmes will now be released from prison on December 29, 2032, serving about 20 months less than her original sentence. Holmes was found guilty of four counts of fraud and conspiracy in January 2022. She is currently appealing her conviction.
Elizabeth Holmes, the disgraced former CEO of Theranos, may be released from prison nearly two years earlier than expected, according to the projected release date posted by the Bureau of Prisons. The discrepancy in the release date calculation is due to the Bureau of Prisons' inclusion of Good Conduct Time (GCT) and other factors that can earn inmates time credits. Holmes, who is serving an 11-year and three-month sentence for defrauding investors, is currently at a minimum-security federal prison camp in Texas. Her request to remain free on bail while appealing her conviction was denied in May.