Theranos Founder Elizabeth Holmes’ Prison Sentence Reduced From 11 To Nine Years
Theranos founder Elizabeth Holmes’s prison sentence has been reduced by two years while she is currently serving her sentence for fraud. Her updated release date is December 29, 2032. She was originally sentenced to 11 years and three months in jail in the Texas prison. No reason was cited as to why her sentence was reduced, but possible reasons include good behavior, credits earned in programs and activities or completion of programs on substance abuse. Holmes was found guilty of four counts of wire fraud when she deceived patients and doctors into using her company Theranos, which is now ...