Former Theranos CEO Elizabeth Holmes reports to prison to serve her 11-year sentence for fraud (2024)

Elizabeth Holmes begins 11-year prison sentence

Former Theranos CEO Elizabeth Holmes was taken into custody Tuesday to begin serving her11-year sentenceat a Texas prison for swindling investors of hundreds of millions of dollars and lying about her biotech company's blood-testing technology.

Holmes, 39, will be incarcerated in a minimum-security women's prison camp in Bryan, Texas, located about 95 miles northwest of Houston, where she grew up aspiring to become a technology visionary along the lines of Apple co-founder Steve Jobs. She leaves behind a nearly 2-year-old son, who was born weeks before the start of her trial, and a 3-month-old daughter, who was conceived after her conviction in November of 2022.

Former Theranos CEO Elizabeth Holmes reports to prison to serve her 11-year sentence for fraud (2)

FPC Bryan encompasses about 37 acres of land and houses roughly 700 women, including"Real Housewives of Salt Lake City" star Jennifer Shah, who was sentenced earlier this year to 6 1/2 years in prison for defrauding thousands of people in a telemarketing scam.

Others who have previously served time at the prison include former former Enron executive Lea Fastow; Jenna Ryan, a participant in the Jan. 6 Capitol attack; and Michelle Janavs, heir to the Hot Pockets fortune and a former investment executive who participated in the college admissions scandal, according to The New York Times.

Shared cells and job assignments

Most federal prison camps don't even have fences and house those the Bureau of Prisons considers to be the lowest security risk. The prison camps also often have minimal staffing, and many of the people incarcerated there work at prison jobs.

According to a 2016 FPC Bryan inmate handbook, those in the Texas facility who are eligible to work can earn between 12 cents and $1.15 per hour in their job assignments, which include food service roles and factory employment operated by Federal Prison Industries.

Former Theranos CEO Elizabeth Holmes reports to prison to serve her 11-year sentence for fraud (3)

Holmes could share a cell with as many as three other inmates. The cells have two bunk beds with mattresses "about as thick as the width of a hand," inmates told the publication. Inmates have access to a recreation facility, jogging track and can watch television or read books in their spare time, the Journal reported. All inmates must return to their cells by an 8 p.m. curfew.

The former executive will be able to receive visits from her family at the facility, where there are spaces for children to play and host family gatherings, the Wall Street Journal reported. Holmes will be permitted to hold her children in her lap and breastfeed her newborn daughter, according to Bureau of Prisons policies.

Former Theranos CEO Elizabeth Holmes reports to prison to serve her 11-year sentence for fraud (4)

It's unknown if Holmes will serve the entirety of her sentence at the Bryan facility, and it's possible she could leave the camp before then through an early-release program. Federal inmates can have their sentences reduced by participating in certain prison programs or earning rewards for good behavior, according to the Office of Justice.

Holmes' arrival at the facility comes after Holmes fought to remain out of the prison system while she appealed her conviction. But that bid was rejected by U.S. District Judge Edward Davila, who presided over her trial, and the Ninth Circuit Court of Appeals, leaving her no other avenue left to follow but the one that will take her to prison nearly 20 years after she founded Theranos.

The Associated Press contributed reporting.

    In:
  • Theranos Trial
  • Fraud
  • Elizabeth Holmes

Elizabeth Napolitano

Elizabeth Napolitano is a freelance reporter at CBS MoneyWatch, where she covers business and technology news. She also writes for CoinDesk. Before joining CBS, she interned at NBC News' BizTech Unit and worked on The Associated Press' web scraping team.

Former Theranos CEO Elizabeth Holmes reports to prison to serve her 11-year sentence for fraud (2024)
Top Articles
Global study finds lost wallets more likely to be returned if they contain cash
Hulk on this five year old phone stopped a bullet and saved its owner’s life
Spn 1816 Fmi 9
Le Blanc Los Cabos - Los Cabos – Le Blanc Spa Resort Adults-Only All Inclusive
Goodbye Horses: The Many Lives of Q Lazzarus
Best Transmission Service Margate
Bhad Bhabie Shares Footage Of Her Child's Father Beating Her Up, Wants Him To 'Get Help'
Braums Pay Per Hour
Employeeres Ual
Razor Edge Gotti Pitbull Price
Union Ironworkers Job Hotline
Lonesome Valley Barber
Vintage Stock Edmond Ok
Sni 35 Wiring Diagram
Concordia Apartment 34 Tarkov
Walgreens Alma School And Dynamite
U Of Arizona Phonebook
Cincinnati Adult Search
The Largest Banks - ​​How to Transfer Money With Only Card Number and CVV (2024)
The Many Faces of the Craigslist Killer
Jayah And Kimora Phone Number
Bellin Patient Portal
Prot Pally Wrath Pre Patch
Kohls Lufkin Tx
Snohomish Hairmasters
Violent Night Showtimes Near Johnstown Movieplex
Tim Steele Taylorsville Nc
950 Sqft 2 BHK Villa for sale in Devi Redhills Sirinium | Red Hills, Chennai | Property ID - 15334774
Helpers Needed At Once Bug Fables
Earthy Fuel Crossword
UPC Code Lookup: Free UPC Code Lookup With Major Retailers
Grandstand 13 Fenway
Unm Hsc Zoom
Appleton Post Crescent Today's Obituaries
2012 Street Glide Blue Book Value
Mississippi State baseball vs Virginia score, highlights: Bulldogs crumble in the ninth, season ends in NCAA regional
What Time Is First Light Tomorrow Morning
Are you ready for some football? Zag Alum Justin Lange Forges Career in NFL
Smith And Wesson Nra Instructor Discount
Culver's of Whitewater, WI - W Main St
Wait List Texas Roadhouse
Citibank Branch Locations In Orlando Florida
Gravel Racing
Seven Rotten Tomatoes
Lyndie Irons And Pat Tenore
Shell Gas Stations Prices
Mynord
Studentvue Calexico
This Doctor Was Vilified After Contracting Ebola. Now He Sees History Repeating Itself With Coronavirus
The Machine 2023 Showtimes Near Roxy Lebanon
Wieting Funeral Home '' Obituaries
Latest Posts
Article information

Author: Sen. Emmett Berge

Last Updated:

Views: 6168

Rating: 5 / 5 (60 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Sen. Emmett Berge

Birthday: 1993-06-17

Address: 787 Elvis Divide, Port Brice, OH 24507-6802

Phone: +9779049645255

Job: Senior Healthcare Specialist

Hobby: Cycling, Model building, Kitesurfing, Origami, Lapidary, Dance, Basketball

Introduction: My name is Sen. Emmett Berge, I am a funny, vast, charming, courageous, enthusiastic, jolly, famous person who loves writing and wants to share my knowledge and understanding with you.