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Theranos founder Elizabeth Holmes to move to halfway house

Summarised from 3 outlets · Updated 25 Sept, 01:50 · Archive

Theranos founder Elizabeth Holmes is moving to a Texas halfway house in August 2027.

Elizabeth Holmes, founder of blood-testing startup Theranos, is scheduled to move from federal prison to a Texas halfway house on 23 August 2027 to complete her sentence. Holmes was convicted of wire fraud and conspiracy to commit fraud for defrauding Theranos investors and falsely promoting the company's technology.

Theranos founder Elizabeth Holmes to move to halfway house
Image: Guardian World

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How it is being reported

  • Theranos founder Elizabeth Holmes reportedly to be transferred to halfway home next yearHolmes was sentenced to 11 years in prison in 2022 but has seen her sentenced reduced several times Elizabeth Holmes , the disgraced founder of blood testing startup Theranos, will reportedly be transferred from a minimum security prison to a halfway home next August. In 2022, Holmes, 42, was sentenced to more than 11 years in prison for defrauding Theranos investors out of hundreds of millions of dollars and ordered to pay restitution. The company falsely promoted its technology as being capable of detecting diseases, including types of cancer, from drops of finger-pricked blood. Continue…Guardian World · 25 Sept, 00:12
  • Elizabeth Holmes to move to halfway houseElizabeth Holmes, founder of Theranos who was convicted of wire fraud and conspiracy to commit fraud, is moving to a halfway house in Texas.UPI · 24 Sept, 14:29
  • Theranos fraudster Elizabeth Holmes set to move into halfway house: reportTheranos founder Elizabeth Holmes is scheduled to move from federal prison to a Texas halfway house on August 23, 2027, to finish out her sentence.New York Post · 24 Sept, 03:38

In this story: Elizabeth Holmes · Theranos · Texas

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log