- Elizabeth Holmes is now scheduled to report back to jail Could 30 to start serving her 11-year sentence.
- Holmes was initially imagined to go to jail on April 27 however was capable of delay the date.
It is official: Elizabeth Holmes has a brand new jail reporting date.
The disgraced Theranos founder should head to jail on Could 30 to start serving her greater than 11-year sentence, a decide ordered Wednesday.
Holmes was convicted on 4 of 11 counts of fraud and conspiracy in January 2022 following a monthslong trial.
On Tuesday, Holmes misplaced her newest bid to stay free whereas she appeals her conviction. She was initially scheduled to report back to jail on April 27 however was capable of delay the beginning of her sentence.
After dropping her bid Tuesday, Holmes requested two extra weeks of freedom earlier than starting to serve her time.
“Ms. Holmes is getting ready to report back to the Bureau of Prisons,” her legal professionals mentioned in a brand new submitting Wednesday. “These preparations embrace out-of-state journey to her Bureau of Prisons facility and medical and child-care preparations in anticipation of starting her 135-month sentence. To ensure that Ms. Holmes to get all of those affairs so as, she respectfully requests that the Courtroom set a brand new reporting date two weeks from the order, Could 30, 2023.”
The decide in her case, Choose Edward J. Davila, signed off on the requested date, ordering that Holmes report back to jail no later than 2 p.m. on Could 30. Davila beforehand advisable that Holmes serve her sentence in a minimum-security facility in Bryan, Texas, about 100 miles from Houston, the place she grew up.
Holmes’ co-defendant — Ramesh “Sunny” Balwani, who’s her ex-boyfriend and Theranos’ former COO and president — reported to jail on April 20 to start his practically 13-year sentence. He was convicted in July on all 12 prices introduced in opposition to him.
Moreover their jail sentences, Holmes and Balwani have additionally been ordered to pay $452 million in restitution to victims of their fraud and conspiracy at Theranos. Included amongst them are media mogul Rupert Murdoch, who will get again the total $125 million he invested in Theranos, and Walgreens, which is able to get $40 million associated to a deal the corporate had with Theranos to open testing facilities in Walgreens shops.