Elizabeth Holmes' Prison Sentence Reduced by 2 Years
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.