- cross-posted to:
- legalnews
- cross-posted to:
- legalnews
Disgraced biotech company founder is now due to be released in August 2032, two years and four months before original date
Elizabeth Holmes, the disgraced former chief executive of the blood-testing company Theranos, has had her federal prison sentence shortened again, new records show.
The 40-year-old Holmes is now scheduled for release on 16 August 2032 from a federal women’s prison camp in Bryan, Texas, according to the US Bureau of Prisons website.
Holmes’s sentence was reduced by more than four months, as her previous release date was set for 29 December 2032.
A spokesperson for the Bureau of Prisons confirmed Holmes’s amended sentence to the Guardian but said he could not comment further due to “privacy, safety and security reasons” for inmates.
This is the second time that Holmes has had her sentence shortened. In July, was reduced by two years.
People incarcerated in the US can have their sentences shortened for good conduct and for completing rehabilitation programs, such as a substance abuse program.
She defrauded investors. That’s the only reason she’s seeing prison time at all- money. The ethics of her medical product were not the issue, even if they should’ve been.
I was going more for a ”wanna see me do it again” sort of gallows humor. I agree that the most fucked up part is that she’s only experiencing a facsimile of “justice” because she “stole” money from people richer than her.
I hate that we live in a world where the greatest crime imaginable is punching upwards.
Yeah and I’m sure shes in one of those rich people prisons too, the kind you or i will never see the inside of no matter what we do
Hard to tell looking at it on Google street view and satellite view. It looks pretty cushy for a prison, but who knows, especially in Texas.
Bingo.
Defraud the public: slap on the wrist
Defraud the wealthy: straight to jail