Elizabeth Holmes to be released from prison in 2027 to serve part of her sentence at halfway house
The Theranos founder has been authorized to be transferred in August 2027 to a halfway house in Texas, where she will remain in federal custody prior to her final release.
Elizabeth Holmes, founder and former CEO of Theranos
Elizabeth Holmes, founder of the now-defunct blood-testing company Theranos, has been approved for transfer from a federal prison to a community transition center in Texas in August 2027, according to an update to the Department of Justice's victim notification system.
Holmes is scheduled to enter the Austin Transitional Center, located in Del Valle, Texas, on Aug. 23, 2027. These facilities, known as halfway houses or Residential Reentry Centers, allow inmates nearing the end of their sentences to move toward reintegration under a supervised release program.
Federal Bureau of Prisons (BOP) declines to specifically confirm plan for Holmes
The Federal Bureau of Prisons (BOP) declined to specifically confirm the plan for Holmes, noting that, as a matter of internal policy, it does not comment on the conditions of incarceration or the release plans for specific individuals until the transfer takes place.
Holmes was sentenced in 2022 to 11 years and three months in prison for defrauding Theranos investors through false claims about the capabilities of the company's technology. A jury found her guilty of one count of conspiracy to commit wire fraud and three counts of wire fraud.
Her sentence was later reduced to 10 years and three months, and her projected date of final release is currently Feb. 22, 2030, according to the federal victim notification system cited by ABC News. The reduction is due to retroactive changes in the federal sentencing guidelines and credits earned under the First Step Act.
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