Theranos founder Elizabeth Holmes is now scheduled to get out of prison nearly two years earlier than her original sentence mandated, according to an update from the U.S. Bureau of Prisons.
Holmes, 39, surrendered herself for imprisonment May 30, to start serving a sentence of 11 years and three months. But her updated release date is December 29, 2032, just over the 9 years that federal prison rules say she must remain locked up at a minimum.
The prisons bureau confirmed Holmes’ new release date, but said privacy, safety and security reasons prevent it from discussing inmates’ release plans.
Generally, those incarcerated in federal prisons can earn 54 days of “Good Conduct Time” off their sentences for each year of their sentence, according to the prisons bureau. Eligible inmates can also earn time off from their sentences by participating and completing programs for reducing post-prison re-offending, and educational, health, recovery, victim-impact and employment-training programs. Inmates can also get out up to a year early by completing a drug-abuse program.
Lawyers for Holmes did not immediately respond to questions about her new release date.
Holmes, 39, was sentenced in November in U.S. District Court in San Jose to 11 years and three months in prison for defrauding investors in her now-defunct Palo Alto blood-testing startup out of hundreds of millions of dollars.
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