Theranos Founder Elizabeth Holmes Gets Two Years Short of Jail | US News

Disgraced Theranos founder Elizabeth Holmes has had two years of her sentence commuted.

Holmes is 39 years old this year, jail in texas for supervision The Notorious Blood Test Scam.

The fraudster began serving an 11-year sentence in May, but updates to her prison records show she will now be released two years early.

A spokesman for the Federal Service of Prisons confirmed to Sky News that Holmes’ expected release date is December 29, 2032.

The bureau said it was unable to comment further on individuals for “privacy, safety and security reasons”.

However, inmates may receive reduced sentences if they behave well and participate in “productive activities” or programs aimed at reducing recidivism, the spokesman said.

Prisoners may also have their sentences reduced for time spent in custody before sentencing.

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From the moment she started in jail

Last year, the jury Holmes was found guilty of four felony counts of fraud and conspiracy.

It marks the nadir of Holmes’ dizzying decadence—from Silicon Valley sensation and America’s youngest self-made female billionaire to an incarcerated pariah.

Holmes founded Theranos with the promise of a revolutionary blood-testing technology and raised millions of dollars from high-profile investors.

But the technology was revealed to be fake and the company, once valued at $9bn (£7.3bn), quickly collapsed.

Since his conviction last November, Holmes Launched a series of efforts aimed at getting her out of prison.

In May she was also ordered to pay $452m (£363m) to victims of her crimes.

She shares the restitution fine with her ex-lover and Theranos number two, Ramesh “Sonny” BalwaniHe has been jailed after being found guilty of the wider offense in a separate trial.

Balwani also received a two-year reduced sentence and is currently scheduled for release in 2034.

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