Elizabeth Holmes’ 11-year prison sentence has already been reduced by two years.
Federal prison records reviewed by PEOPLE show Holmes, 39, now has a release date of Dec. 29, 2032.
NBC News confirmed Holmes’ release date with a spokesperson with the Federal Bureau of Prisons, who told the outlet prisoners could earn an earlier release through good behavior. That time is "projected in their projected release date."
Holmes was sentenced to 11 years and three months in prison last November after being convicted of multiple counts of fraud. The founder of the blood-testing lab Theranos, Holmes has been in Federal Prison Camp Bryan, a minimum-security facility in Bryan, Texas, since late April.
She was charged over false claims she made to investors about the blood-testing company. She was found guilty on four of the 11 charges she faced — three for wire fraud and one count of conspiracy to commit wire fraud.
Holmes duped investors out of millions of dollars through the company, which she falsely claimed could run hundreds of medical tests using a few drops of a patient’s blood. However, a 2015 report by John Carreyrou in The Wall Street Journal showed she faked the positive test results and that her technology did not actually work.
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Holmes was also accused of lying to investors in 2015,...
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