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Theranos fraudster Elizabeth Holmes has prison sentence reduced again
Disgraced biotech company founder is now due to be released in August 2032, two years and four months before original date
Elizabeth Holmes, the disgraced former chief executive of the blood-testing company Theranos, has had her federal prison sentence shortened again, new records show. A spokesperson for the Bureau of Prisons confirmed Holmes’s amended sentence to the Guardian but said he could not comment further due to “privacy, safety and security reasons” for inmates. Once hailed as a biotech innovator, Holmes as well as Sunny Balwani, her co-executive and former romantic partner, faced legal consequences after reporting from the Wall Street Journal and others found that the technology used by Theranos was fraudulent.
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