Disgraced Theranos CEO Elizabeth Holmes may be released from her 11-year prison sentence early, according to federal officials.
Disgraced Theranos CEO Elizabeth Holmes has apparently behaved well enough during the first six weeks of her more than 11-year prison sentence for duping investors in her blood-testing hoax to be eligible for release nearly two years ahead of schedule, federal officials confirmed Tuesday.
That would be 115 months, or slightly more than 9 1/2 years, after she began her prison sentence of 11 years and three months after her conviction on four counts of fraud and conspiracy Holmes' prison sentence hasn't changed, but like all prisoners who follow the rules can qualify for an early release under the federal government's "good time" guidelines. Her projected release date — a few weeks before her 49th birthday — is in line with a prisoner serving her length of sentence.
The Bureau of Prisons declined to explain the specific reasons for Holmes' projected release date, citing "privacy, safety, and security reasons" in a statement provided Tuesday to The Associated Press. "Every inmate earns good conduct time and is projected in their projected release date," the statement pointed out.
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