Imprisoned Theranos CEO Elizabeth Holmes hoping for early release from 11-year sentence
Disgraced Theranos CEO Elizabeth Holmes has apparently behaved well enough during the first six weeks of her more than 11-year prison sentence for duping investors in her blood-testing hoax to be eligible for release nearly two years ahead of schedule, federal officials confirmed Tuesday.
Holmes was convicted on four counts of fraud and conspiracy following a high-profile trial in San Jose, California, that riveted Silicon Valley for months. When Davila sentenced Holmes, legal experts predicted she might be able to get out of federal prison in about nine years. “Every inmate earns good conduct time and is projected in their projected release date,” the statement pointed out.
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