Elizabeth Holmes faces judgment day for her Theranos crimes
A federal judge on Friday will decide whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for duping investors and endangering patients while peddling a bogus blood-testing technology. Holmes’ sentencing in the same San Jose, California, courtroom where she was convicted on four counts of investor fraud and conspiracy in January marks a climactic moment in a saga that has been dissected in an HBO documentary and an award-winning Hulu TV series about her meteoric rise and mortifying downfall. U.S.
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A judge has recommended convicted fraudster Elizabeth Holmes serve her time in a minimum-security federal prison camp, RadarOnline.com has learned.
The former biotechnology entrepreneur was found guilty in January of defrauding investors in connection with her Silicon Valley blood-testing start-up, Theranos, Inc.
Holmes, who is pregnant with baby #2, was recently sentenced to 11 years and three months in prison, and ordered to serve three months of supervised release upon the completion of her incarceration. © Radar Online mega
Judge Edward Davila in San Jose proposed for Holmes to be designated to the Federal Prison Camp at Bryan, Texas, a court filing revealed.
Elizabeth Holmes Sentenced to 11 Years: What to Know About Theranos, 'The Dropout' & When She Goes to Prison
The disgraced CEO and founder of the healthcare technology company is now the subject of the Hulu true crime series, 'The Dropout.'The media attention surrounding Holmes never ceases, especially after being the subject of a scripted, true-crime miniseries, The Dropout. Starring Amanda Seyfried, the eight-part drama chronicles the meteoric rise and fall of the deep-voiced, blonde entrepreneur’s quest to create a groundbreaking home device that people could use to test their blood for all types of illnesses.
According to their website, there are 539 inmates currently being housed.
Criminal defense attorneyAlan Ellis told Bloomberg that it will feel like "heaven" compared to other prisons for Holmes, noting there will be "no walls, no bars, no fences."
The prison offers family visitation and requires its inmates to participate in work programs.
RadarOnline.com has viewed the facility's handbook, which details what Holmes' days behind bars could look like if she is indeed sent to FBC Bryan. © Radar Online mega
The facility's handbook states a general wake-up for all inmates is 6:00 AM, and Holmes will have "sufficient clothing to allow at least three changes of clothes weekly."
Once assigned duties are performed, the available leisure activities include "organized and informal games, sports, physical fitness, table games, hobby crafts, music programs, intramural activities, social and cultural organizations, and movies."
Elizabeth Holmes Should Have Faced a Life Sentence
On January 3, 2022, the disgraced Theranos founder Elizabeth Holmes was found guilty on four out of the 11 counts against her. Those four counts of conviction carry a maximum potential penalty of 80 years imprisonment. As set forth below, the Federal Sentencing Guidelines produce a recommended sentence of “life.” Judge Edward Davila on November 18, 2022, sentenced Holmes to 11.25 years in prison, after which she would serve three years of supervised release. That's less than what the Department of Justice sought, which was a sentence of 15 years (180 months), even though the Probation Office recommended a sentence of nine years (108 months). And Ms.
The US Bureau of Prisons will have the final say on where she goes, RadarOnline.com can confirm. © Radar Online mega
Judge Davila ordered Holmes to surrender herself into custody by April 27, 2023. She is expected to give birth to her second child before then.
In a sentencing memo, Holmes' partner, Billy Evans, pleaded for leniency in hopes their family wouldn't be torn apart. Holmes had previously requested home confinement.
"My heart is broken with the thought of spending any days away from Liz, for a future in which my son grows up with a relationship with his mother on the other side of glass armed by guards," he wrote before Holmes found out her fate.
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