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On November 18, 2022, she was sentenced to 11.25 years (135 months) in prison. [5] She started her 11-year prison sentence on May 30, 2023. [6] Balwani had the same charges as Holmes. On July 7, 2022, Balwani was found guilty on all counts and also faced up to 20 years in prison and millions of dollars in restitution.
Holmes reported to prison on May 30. [86] In July 2023, the Bureau of Prisons projected that Holmes would be released from prison in 2032, approximately two years early, in accordance with the Bureau's guidelines for good conduct time. [87] [88] Holmes appealed her conviction and sentence to the U.S. Court of Appeals for the Ninth Circuit.
A judge sentenced Theranos founder Elizabeth Holmes to 11 years and three months in prison after she was found guilty of wire fraud and conspiring to commit wire fraud in November 18, 2022, and ...
Theranos founder and CEO Elizabeth Holmes is a few months closer to freedom after her prison sentence has been slightly reduced. The new projected release date for Holmes, according to the Bureau ...
Holmes was sentenced to 11 years in prison for defrauding investors in her failed blood-testing company, Theranos. She is seeking a new trial, arguing that the judge in her case erred in several ...
Elizabeth Holmes may be getting out of prison around two years earlier than expected. ... as well as the credits inmates receive for various activities could result in a shorter sentence. Based on ...
A federal judge on Friday sentenced disgraced Theranos CEO Elizabeth Holmes to more than 11 years in prison for duping investors in the failed startup that promised to revolutionize blood testing ...
Elizabeth Holmes, founder and CEO of the collapsed Silicon Valley blood testing company, Theranos, has been sentenced to 11.25 years in prison plus three years supervised release for financial ...