Elizabeth Holmes Gets 2 Years Shaved Off Her Prison Sentence Already!

Elizabeth Holmes has gotten some light at the end of her prison tunnel.

The infamous founder of the now-inoperative Theranos has received a reduction in her sentence for her part in a blood-testing scam in which she promoted misleading claims about her company's innovation. She had reported to a Texas federal prison camp in late May after receiving 11 years and three months jail term at the end of last year.

Holmes has been on her best behavior since she began serving her long-term sentence six weeks ago, getting some years chopped off. According to NBC News, her details on the Bureau of Prisons' website revealed that her release date had been updated to December 29, 2032, meaning that her sentence is now two years shorter than the initial one.

Although a Federal Bureau of Prisons spokesperson confirmed the change, they could not provide further information for "privacy, safety, and security reasons." Nonetheless, the spokesperson said any inmate could receive a 'good grace' period specified within the expected release date, but some inmates have the right to early release through other channels.

The update comes almost three months after a federal judge denied Holmes the right to skip jail time. At the time, The Blast reported that U.S. District Judge Edward Davila rejected her legal team's appeal, claiming that alleged misconduct during her four-month trial resulted in an unjust verdict.

In her ruling, Davila declared that there was inadequate evidence that the former biotechnology entrepreneur could remain free during the appeal proceedings. She added that even though Holmes was unlikely to endanger the public or "flee" if she stayed out of prison, her conviction would probably stand.

The federal judge's decision meant that the Stanford dropout had to submit herself to the appropriate authorities before the end of April to start her decade-long sentence. Davila's rejection might have spurned from hearing about the 39-year-old booking a one-way ticket to Mexico during her trial.

That singular move led to the embattled CEO getting slammed with a lawsuit seeking to move up the date that her sentence would start, as she was considered a flight risk. The suit, which also alleged that the mom-of-two was still living lavishly, was disputed by her legal team, who argued that she had purchased the flight ticket long before her conviction.

After explaining that Holmes' mission in Mexico was to attend a pal's wedding, her team clarified, "Given the verdict, she does not plan to take the trip and therefore did not provide notice, seek permission, or request access to her passport (which the government has) for the trip."

Hours after she began her sentence on May 30, The Blast detailed that Holmes' home for the next few years was the Federal Prison Camp in Bryan, Texas. Situated just over an hour outside Houston, this federal prison camp has gained popularity for its inmates.

Among its inmates are well-known individuals like Michelle Janavas, who gained notoriety for her involvement in the college admissions scandal; Jenna Ryan — one of the individuals implicated in the 2021 Capitol attack; and Lea Fastow, the assistant at Enron and wife of Andrew Fastow, who pleaded guilty to tax fraud and failure to report more than $200,000 in earnings.

This facility is also where former "Real Housewives of Salt Lake City" cast member Jen Shah serves her sentence for fraud-related offenses. As for Holmes, it was revealed that she spent many years deceiving investors through her company while facing challenges in generating reliable data and endangering the lives of countless individuals. 

As a result, she was charged with four counts of wire fraud and conspiracy for making false declarations about the capabilities of Theranos's blood tests. Her former business partner, Ramesh Balwani, who was involved in a secretive relationship with her for more than seven years, is also required to contribute to the restitution of $452 million to defrauded investors.

Holmes' conviction shocked many as it seemed unbelievable that someone overseeing a medical company would display such negligence towards their work. The rumors circulating in Silicon Valley indicate that she now serves as a cautionary tale, demonstrating that the "fake it till you make it" approach is not to be taken lightly.