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Disgraced Theranos CEO Elizabeth Holmes’s prison sentence has been slashed by two years, according to updated Bureau of Prisons records According to Holmes’ inmate information on the Bureau of Prisons’ website, the 39-year-old mother of two will be released on Dec. 29, 2032 — nine years, six months and 29 days after she checked into Federal Prison Camp Bryan on May 30. Holmes, now known as federal inmate 24965-111, was initially sentenced to 11 years and three months in the minimum-security, women-only Texas prison. A Bureau of Prison spokesperson would not comment on the specifics of Holmes’ earlier-than-expected release.

What does an average day look like? Wake-up is at 6 a.m. every day, according to FPC Bryan’s “Inmate Admission & Orientation Handbook,” and all inmates must be counted at least five times daily in official roll calls. Inmates must make their beds and clean up their cells; the unit with the best weekly “sanitation rating” gets called first for meals, while the unit with the worst hygiene comes in last. All inmates who are able must have a “regular job assignment.” The prison offers business classes and even forklift training for women who would like to be certified. Although...

Take what happened in the past two weeks: Charlie Javice, the founder of the financial aid startup Frank, was arrested, accused of falsifying customer data. A jury found Rishi Shah, a co-founder of the advertising software startup Outcome Health, guilty of defrauding customers and investors. And a judge ordered Elizabeth Holmes, the founder who defrauded investors at her blood testing startup Theranos, to begin an 11-year prison sentence April 27. *SNIP* When Javice was trying to sell her college financial planning startup, Frank, to JPMorgan Chase, she told an employee not to share exactly how many people used Frank’s service,...

Disgraced Theranos CEO Elizabeth Holmes is citing her recently born child as another reason she should be allowed to delay the start of a more than 11-year prison sentence while her lawyers appeal her conviction for duping investors about the capabilities of her failed company's blood-testing technology. The birth of Holmes' second child was confirmed in court documents filed last week in advance of a March 17 hearing about her bid to remain free during an appeals process that could take years to complete. The filing didn't disclose the date of the birth or the child's gender, but the news...

The California judge who sentenced disgraced Theranos founder Elizabeth Holmes to more than 11 years in prison last week has recommended that she serve her time in a minimum-security women’s facility. Holmes, 38, was sentenced to 135 months in prison on Nov. 18 after she was convicted of defrauding investors who backed her bogus blood-testing company. According to a court filing from last week, Judge Edward Davila of the Northern District of California recommended she serve her sentence at Federal Prison Camp in Bryan, Texas.

Elizabeth Holmes just got sentenced to 135 months in prison (11.25 years)

The Department of Justice wants Theranos founder Elizabeth Holmes, 38, who made billions of dollars before she was ultimately convicted of wire fraud and conspiracy, to spend 15 years in prison rather than walk free. Additionally, the DOJ wants Holmes to pay $800 million in restitution to investors who were defrauded. “Considering the extensiveness of Holmes’ fraud… the sentencing of 180 months’ imprisonment would reflect the seriousness of the offenses, provide for just punishment for the offenses, and deter Holmes and others,” federal prosecutors stated. Theranos Inc. claimed initially that it could use a few drops of blood to obtain...

How the Pentagon’s top-brass generals burned the careers of subordinates but then pivoted to lucrative careers all while losing the wars they were supposed to be winning. My new book, A Few Bad Men, details the mendacity and mad dishonesty of retired Marine General James “Mad Dog” Mattis. The fact that it was written by a Marine once under his command, whom he betrayed for the sake of politics and getting to slap on another star, says volumes about this once-lionized figure. It all goes back to an incident in Afghanistan in 2007, and the Court of Inquiry trial of...

Alongside all the hype and chatter about the January 6 anniversary, there was another worthy news story the first week of 2022. On Monday, January 3, a federal jury in California convicted Theranos founder Elizabeth Holmes on three counts of wire fraud and one of conspiracy to defraud investors. Holmes, six years removed from being the richest self-made woman in the world, now faces as many as twenty years in prison, though she will likely receive less. While it’s always good to see criminals receive their just desserts, there is another upbeat aspect to the Holmes saga. The conviction of...

Starbucks requiring its US employees to get vaccinated or tested for COVID-19... The US Food and Drug Administration now says that third shot "boosters' of the Pfizer vaccine can be given to 12 to 15-year-olds... Mass Monday Night Protests Against Restrictive COVID Policies In Germany Continue Tens Of Thousands Demonstrate Protests against COVID lockdowns and coerced vaccination in Germany this evening. Based on police estimates provided to various local media sources in Germany a rough estimate is that well over 40,000 people at least participated in these wintertime nighttime protests. Thousands protesting in Berlin tonight using the tactic of multiple...

Theranos founder Elizabeth Holmes has been found guilty on 4 counts of wire fraud and conspiracy to commit wire fraud after 7 days of jury deliberation. Jurors found her not guilty on four other counts and failed to reach a verdict on three others. Her trial spanned more than four months and featured bombshell testimony from investors, ex-employees, and Holmes herself.

Theranos founder Elizabeth Holmes sobbed as she accused her ex Sunny Balwani of abusing her and forcing her into sex during her fraud trial. On Monday, in her fourth day testifying in her fraud trial, Holmes, 37, accused Balwani, 59, of being abusive and controlling, and forcing her to have sex against her will during their 12 year relationship, which ended in 2016. 'He would force me to have sex with him when I didn't want to because he would say that he wanted me to know he still loved me,' said Holmes, in tears.

A second juror on Wednesday was excused from the Theranos trial after the woman expressed religious concerns about Elizabeth Holmes being punished if she's found guilty. Juror No. 4 told U.S. District Court Judge Edward Davila that she wanted to speak to him about concerns with her service. She said she was concerned she couldn't continue serving on the case because she's a Buddhist. "If she is found guilty and gets punishment from the government for that I feel guilty for that every day in my life," she told the judge.

Elizabeth Holmes, founder of the bogus blood-testing startup Theranos, has reportedly got married in secret. The 35-year-old alleged scammer got hitched to her hotel heir fiancé William 'Billy' Evans, 27, according to a friend of his. The woman, who claimed she is Evans' pal, shared the news at a recording of the 'Bitch Sesh' podcast in San Francisco on Saturday night, according to Page Six.

Federal prosecutors indicted Elizabeth Holmes on criminal fraud charges for allegedly defrauding investors, doctors and the public as the head of the once-heralded blood-testing startup Theranos. Federal prosecutors also brought charges against the company's former second-in-command. Holmes, who was once considered a wunderkind of Silicon Valley, and her former Chief Operating Officer Ramesh Balwani, are charged with two counts conspiracy to commit wire fraud and nine counts of wire fraud each, the U.S. Attorney's Office for the Northern District of California said late Friday. If convicted, they could face prison sentences that would keep them behind bars for the rest...

<p>Theranos, the biotech company started by a 19-year-old Stanford dropout, has another hurdle to cross in its whole "we're totally a legit blood-testing company" campaign. This time, it turns out that tens of thousands of blood tests were voided, making them totally invalid. Whoops!</p>

We haven't really written much about the insane Theranos scandal, though we discussed it on our podcast. The whole story is pretty crazy -- involving a heavily hyped up company that appeared to basically be flat out lying to everyone about what it could do. The company still exists, but barely. The company's founder and CEO, who was plastered across magazine covers and compared frequently to Steve Jobs, has been banned from running a lab for two years, and the company is now facing a $140 million lawsuit from its biggest partner, Walgreens, who claims that Theranos repeatedly lied to...

Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Boies, 75, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Read: ‘Fraud is not a trade secret’: How a 27-year-old blew the whistle...

Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...

Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...