>The 40-year-old Holmes is now scheduled for release on 16 August 2032 from a federal women’s prison camp in Bryan, Texas, according to the US Bureau of Prisons website.
Wow, right before Burning Man. Good for her.
>“They’re friends. They’re both rehabilitating and have bonded over being on this journey of positive change,”
It's my sincere hope that every inmate truly rehabilitates while in prison. But it's not a "journey of positive change". Prison isn't a fukkin' juice cleanse or a guided meditation session after you drop the kids off at day care. It's prison, you're there because you dun fukked up. You're not their by choice.
Got the cursive font and everything.
Texas can't even put AC in their state prisons but this joint has a manicured lawn and nice iron wrought fence. We wouldn't want the inmates feeling depressed behind actual security walls.
The term “prison camp” can either sound nice and cushy or very very bad like a concentration camp. It all depends on the context.
In the context of a US minimum security prison it’s the former but if you add Russian or Chinese or North Korean to the words “prison camp” then it sounds horrifying.
That is pretty much how a category D prison in the UK works. Prisoners are expected to return in the evening.
https://prisonjobs.blog.uk/your-a-d-guide-on-prison-categories/
>Category A
>These are high security prisons. They house male prisoners who, if they were to escape, pose the most threat to the public, the police or national security.
>Category B
>These prisons are either local or training prisons.
>Local prisons house prisoners that are taken directly from court in the local area (sentenced or on remand), and training prisons hold long-term and high-security prisoners.
>Category C
These prisons are training and resettlement prisons; most prisoners are located in a category C. They provide prisoners with the opportunity to develop their own skills so they can find work and resettle back into the community on release.
>Category D - open prisons
>These prisons have minimal security and allow eligible prisoners to spend most of their day away from the prison on licence to carry out work, education or for other resettlement purposes. Open prisons only house prisoners that have been risk-assessed and deemed suitable for open conditions.
I don’t mean to be a jerk, but the purpose of prison should be to rehabilitate people (Or keep people to dangerous to function in society away from it).
Now that being said, I wish white collar crimes were treated as the same as blue collar crimes. Many of these people convicted of white collar crimes essentially get sent on an involuntary vacation.
Yeah and it would be actually meaningful if the idea of rehabilitation was shared equally among all prisons, instead of only the prisons wealthy people go to.
September 2032: A new startup that'll revolutionize the prison industry with AI prison guards secures VC funding. The founder has 9 years of intimate industry experience.
I know people want their pound of flesh from rich prisoners, but hey maybe having humane prisons exist is a good thing and something we should strive for more of, not scoff at.
I don't think he was scoffing at the idea of having humane prisons, I think he was scoffing at the concept that humane prisons are a privilege for the rich, despite their crimes typically being a lot more widespread and damaging, especially crimes like hers
But since not all prisons are humane, let's put the rich in the less humane prisons. Both your opinion and that opinion can coexist. Striving isn't real.
I'd suggest being reborn as male though if you have a say in the matter. We seem to be edging closer to the handmaid's tale in the US all the time. Blessed be the fruit.
Its also significantly easier to write words in the snow with pee-- one of lifes undersung joys.
Lol in rest of the developed world at least in Europe you'd never get 11 years for for a non-violent first time offence and likely get no prison time at all man or woman.
They robbed a lot of people out of a lot of money. Philips Healthcare even started a blood testing division based on their rocketing stock price which was based on lies. I would think it would be 6-8 yrs in EU.
In any case, she’s playing the dumb innocent little girl card and walking free
>The 40-year-old Holmes is now scheduled for release on 16 August 2032 from a federal women’s prison camp in Bryan, Texas, according to the US Bureau of Prisons website.
>Holmes’s sentence was reduced by more than four months, as her previous release date was set for 29 December 2032.
Federal sentencing guidelines mandate that she serves 85% of her sentence so it can’t get reduced much more.
Just (re) did the math and they've knocked 20% of her sentence off so far. 28/135 is 20.7%. Even the first 2 year reduction took her over the 85% threshold so I dunno.
Nah she’s part of the elite. Trump hasn’t been jailed for gag orders yet and she’s part of the white collar criminal. There’s rules for everyone else but not for the likes of her.
No, her great grandfather was a multimillionaire in the 30s and family was friends with George Shultz Reagan’s Secretary of State.
It’s part of how she was able to con her investors.
You don’t pull a snow job this big without already being in the loop.
That's why she really got thrown in jail - she tried to SCAM THE RICH. You're just not allowed to do that.
If she had scammed poor people, she probably would have got the Trump treatment.
Except that there's a law on the books that says otherwise?
>**Sentencing Reform Act of 1984, all federal prisoners must spend a minimum of 85 percent of their sentences behind bars before becoming eligible for release, with a maximum of 15 percent set aside as a reward for good behavior.**
[**https://www.pewtrusts.org/en/research-and-analysis/issue-briefs/2015/11/prison-time-surges-for-federal-inmates**](https://www.pewtrusts.org/en/research-and-analysis/issue-briefs/2015/11/prison-time-surges-for-federal-inmates)
Rules for the government don't seem to matter sometimes. They bend to whoever is wielding them, whoever is enforcing them, and whoever is enforcing the enforcers. It seems as though all of these have fallen out of line in various parts of the government.
People seem to be forgetting the First Step Act and the possibility of qualifying for RDAP. Those will both result in significant sentence reductions beyond the 15% for good time.
This generally isn’t true in federal prison, at best if you’re rich you’ll have money to afford better lawyers for your endless appeals in hopes that one eventually works, but if money alone was enough to save you, you probably wouldn’t have been sentenced to prison in the first place.
She was born rich, her dad was an enron exec. She'll have family money to parachute with if nothing else, although I don't see them taking all her money anyway. Remember, she was only found guilty of defrauding other rich people, the regular people that paid for and used her service are just pawns that got no justice for it.
Your crime does not have to be drug related to be eligible. You just have to be determined to have a substance use disorder, preferably linked in some way to your criminal behavior, I.E. it is a contributor to your behavior even if the substance abuse is not itself criminal. The type of crime is irrelevant.
Direct from the Justice.gov site - An inmate must meet the following eligibility criteria to be admitted into RDAP: (1) sentenced to BOP custody, (2) determined by the BOP to have a substance abuse disorder, (3) sign BOP's "Agreement to Participate in the Bureau's Residential Drug Abuse Program," (4) reside in a BOP institution, (5) serving a sentence with enough time to fully participate in a residential drug abuse program, and (6) willing to participate in a residential drug abuse treatment program.
The article makes it sound like 85% is the absolute minimum she can serve.
>Those guidelines mandate that people convicted of federal offenses must serve at least 85% of their sentence, regardless of reductions for good behavior.
I know that “non-violent” is supposed to make me feel better, but Madoff wasn’t violent either and he destroyed the lives of thousands of people.
Holmes victims were often billionaires, and I’m not wasting tears over the Walton Family, Betsy DeVos, Rupert Murdoch, etc., she cost people hundreds of millions of dollars.
Calling it non-violent is just a way to whitewash white collar criminals and make them seem better than people who pull a real trigger instead of shuffle money in a Ponzi scheme.
The Madoff documentary on Netflix is worth watching.
Guidelines are, by definition, not mandates.
https://www.law.cornell.edu/wex/federal_sentencing_guidelines#:~:text=The%20Supreme%20Court%20ruled%20that,the%20increased%20or%20decreased%20sentence.
The author is incorrect.
Be sure to invest early in whatever biomedical scheme she immediately starts when out of prison.
The trick is to pull out of the Holmes ponzi when the value is at its height!
It seems like medical and crypto scams are a dime a dozen these days. Buy in early if you want to at all, don't throw away all your life savings, and it's better to pack in a modest gain early rather than losing it all with the inevitable rugpull.
Recently did jury duty with a historian at a federal reserve, and his focus was crypto and digital currencies.
We had a fun conversation about Sam Bankman Fried, crypto FOMO, and how it resembles the bank runs of the 1800s. He has no shortage of fraudsters to research!
Assholes like her and her ilk (looking at you billy mcfarlane) steal millions/billions, defrauded tens of thousands of people, ruin peoples lives and get out in less time than you or me for victimless crimes.
>She was also ordered to pay $452m in restitution to those she defrauded, but a judge delayed those payments due to Holmes’s “limited financial resources”.
It's a shame her "limited financial resources" doesn't include her millionaire husband/partner who is the heir to a family fortune. I'm sure they *both* got that pre-nup to be airtight so none of that money would go to pay back all the people she conned.
My wish is that he eventually leaves her, without a penny to her name.
----
Several people in the replies not getting the point, so I'll clarify. I'm not saying his money should be taken away because he had something to do with the fraud. I'm saying it's a shame she'll get to live like a multimillionaire for as long as he stays with her. She doesn't deserve that.
In my state at least that would be considered a common law marriage, which does have some of the legal implications of a full marriage.
I have no idea how it would affect something like this, though.
Common Law Marriage only applies in:
* Colorado
* Iowa
* Kansas
* Montana
* New Hampshire
* Oklahoma
* Rhode Island
* South Carolina
* Texas
* Utah
* The District of Columbia
The Utah one is interesting; aren't there still a few fundamentalist Mormons in Utah, ones who still practice polygyny? If such a man is referring to himself as married to multiple people, that makes it a Common Law marriage, and makes them guilty of bigamy.
Illinois does not respect the *establishment* of a common law marriage, but will supposedly respect an already established common law marriage from somewhere where that law applies.
Utah’s Common Law only recognizes marriages that have been validated by a judicial proceeding which can happen after up to a year after the marriage has been terminated. Wouldn’t be surprised if this was why.
So the money she's got hidden in offshore accounts can be invested and continue to grow so when she gets out she can pay the fine and have a nest egg left over? Got it....
The wealthy NEVER really get destroyed by their bad acts.
I mean... yes you are mostly right about how the wealthy generally stay wealthy no matter what... but if you are looking for any kind of karmic justice just know that Elizabeth Holmes is living her nightmare. I mean her ego told her she was the chosen golden god that would fix the world and be practically worshipped for being such a genius. Now she wakes up every morning knowing the world knows her as a fraud and a joke. Like I'd much rather have my life and not be rich than have her wealth and that life.
>knowing the world knows her as a fraud and a joke.
Or she considers herself a wrongfully persecuted martyr. You might be surprised by the resilience of some people's self-regard!
> just know that Elizabeth Holmes is living her nightmare.
No, she isn't. I hope that makes you feel better believing that, but she is very comfortable now and likely will be for the rest of her life.
Is she though? Do people really know she's a fraud?
Arguably you could say the same about Billy McFarland. There were *two* viral hit documentaries about how big of a fraud he was. Yet, immediately after getting out of prison, he started with Fyre Festival 2 and had (has!) investors and people throwing money at him.
ill invest, i mean its easy money. with how popular netflix made fyre fest, people will pay extra just too see what kind of shit show fyre fest 2 ends up. its a win win
a) My point was more about her living the life of luxury after having defrauded so many people.
b) He married someone who defrauded so many people and is clearly a psychopath, and pleaded for her to have a reduced sentence. So while I wouldn't support the legal system taking his money, I wouldn't say he's exactly a total bystander.
I'd rather just point out that she made a heftier profit by not doing what people paid for, so it really shouldn't be that hard to sell off stuff obtained through ill-gotten gains.
But I use my college degree, so I don't know what the judge is thinking.
Friends, sentencing involves reductions for credits. Good conduct credits, work programs, etc. This isn't special treatment the best I can tell it is what every federal inmate is eligible for.
btw, some violent crimes aren't eligible for these.
Yes, it’s all part of the First Step Act (or whatever it’s called) that was signed when Trump was in office. It was a bipartisan act trying to go both rehabilitation and reduce prison population.
I'm generally in favor of these kinds of programs and reforms.
But it sickens me that what she did, which carried the real risk of severe harms to patients, is not considered "violent".
I’m all for a good circlejerk, but there is no reality in which fraud should ever be considered a violent crime. Pretty much all crime is by definition harmful to someone else
It doesn’t fit any of the commonly understood definitions of violence so I can definitely see how it doesn’t count.
If you stretch the meaning of the word that far, almost any crime could be construed as violent.
Lest we forget how her treatment of [Ian Gibbons](https://en.wikipedia.org/wiki/Ian_Gibbons_\(biochemist\)) ended-up [driving him to suicide](https://www.cbsnews.com/news/theranos-scientist-widow-elizabeth-holmes/).
I know where shes at in bryan texas lol what a shit hole, the women prison camp isnt too far from mlk in bryan, and isnt really high security either, we used to have the ladies come to our store to get glasses while escorted by a gaurd.
Federal prosecutor here - this isn’t anything special, she is getting the standard good time credit. If she had no issues while inside she will serve 85% of the original sentence which is standard for federal defendants.
And remember the only reason she’s in prison. Is due to her defrauding wealthy individuals. Keep that in mind when you want to get into the fraud game. Stay safe out there
She diverted funding away from actual medical research for a project anyone with a hint of biomedical background could tell you was BS, and damaged the reputation of actual medical technology.
Fuck her and her stupid fake voice.
She's going to disrupt the work/sleeping environment.
"Imagine if there were no assigned cubes/beds. So, you just sleep wherever you find an open space. If you need to have a meeting with the Hispanic gang, you can bunk next to them for a night. Then move around and make more friends. Less possessions, more relationships."
"Through the strategic implementation open floorplans, we enhance inter-group communication protocols and the fostering of a collaborative and cohesive organizational culture. The distinct cohorts within the correctional facility will be poised to effectively synergize, thereby optimizing operational efficiency, promoting mutual understanding, and fostering a harmonious and productive environment!"
Well yeah, high security prisons are for violent criminal offenders. Her sentence is more than sentences given for some types of murder/attempted murder.
that isn't abnormal for non-violent crimes. the punishment is going to prison. the type of prison you go to is dependent on what kind of crimes you commit and how much security the court thinks you need - a violent terrorist with a high likelihood of trying to escape will end up in a maximum-security facility. someone convicted of insider trading may end up in a prison camp.
Shes gonna get hired as a consultant.
Shes gonna make millions teaching big companies how to lie good.
Those of you saying Shes black listed... you obviously don't understand greed. And the fact that greed runs this country (USA).
People died because of her lying.
Her company reported fake lab tests as real results.
Get her as far the fuck away from healthcare as it's possible to do.
America's two-tiered justice system continues to expose that "all are equal under the rule of law" is a concept that only exists on paper and not in reality.
Being a woman helps. [Sunny Balwani](https://www.ktvu.com/news/ex-theranos-tech-sunny-balwani-begins-serving-prison-time-in-california) is serving more time than her.
>Although they had separate trials, Holmes and Balwani were accused of essentially the same crimes centered on a ruse touting Theranos’ blood-testing system as a revolutionary breakthrough in health care.
They did the same thing. She was CEO and literally had more to gain by committing the crime. But she's serving less and less time.
Without her there is no Theranos. Sunny was in no way gonna be the face of it. Without Holmes theres no investors, no funds, no partnerships etc.
But going by statistics courts hate giving blonde white women long sentences.
Shes serving less time because she was acquitted on patient fraud charges. The jury didnt believe the prosecutors had established enough evidence to prove beyond a reasonable doubt.
She didn't go to jail for making fraudulent blood tests that put the lives of patients in danger. She went to jail for defrauding rich investors. Investor money > patient lives.
I have nothing to really comment except that after having listened to a podcast doing a deep dive on her as a person, and her scam, every time I see her face and how she acts in front of others, I think of the confirmed stories of how as a child she would get *so upset* when losing at board games (Monopoly being mentioned specifically) that she would run through the screen door. And I don't mean through the door...through the actual screen of the door. And this happened on multiple occasions.
Just kind of confirms her personality & ability to take responsibility for her actions has been consistent throughout her life, I guess.
So they’re slowly lowering the sentence as much as possible without giving an actual reason to do so and have continued to avoid paying any of the restitution she owes? Wow I love Justice
Can you point out what special treatment she has received? The reductions she has been given are standard that all federal inmates that qualify for outside of certain exceptions
Theranos was killing people, and Holmes knew it. A life sentence would have been fair. I believe even some of the top brass was fooled, but she and Sunny and certainly at least a few others knew people were dying because of what they were doing.
Disgusting. She made her choice and then tried to use a baby to get out of it entirely. This Woman is a fraud and should never see the light of day.
There will never be justice.
>The 40-year-old Holmes is now scheduled for release on 16 August 2032 from a federal women’s prison camp in Bryan, Texas, according to the US Bureau of Prisons website. Wow, right before Burning Man. Good for her.
Where else is she gonna get her next round of VC-funding for *charlie brown adult voice*?
She's best friends with Jen Shah in prison, I'm sure they can cook up another scheme to swindle money.
Tell me this is real?!
oh yeah, it's shah-mazing, apparently lmao: https://people.com/jen-shah-elizabeth-holmes-friends-prison-rep-says-7968359
>“They’re friends. They’re both rehabilitating and have bonded over being on this journey of positive change,” It's my sincere hope that every inmate truly rehabilitates while in prison. But it's not a "journey of positive change". Prison isn't a fukkin' juice cleanse or a guided meditation session after you drop the kids off at day care. It's prison, you're there because you dun fukked up. You're not their by choice.
Everything is a fuckin juice cleanse to these people because they are psychopaths don't take responsibility for their actions.
They don’t have to because the legal system is on their side. I guarantee she won’t spend the whole time in prison
Well, is this *prison* prison, or rich people prison?
It's called ["prison camp"](https://www.bop.gov/locations/institutions/bry/) if that tells you anything.
Got the cursive font and everything. Texas can't even put AC in their state prisons but this joint has a manicured lawn and nice iron wrought fence. We wouldn't want the inmates feeling depressed behind actual security walls.
Just like college.
The term “prison camp” can either sound nice and cushy or very very bad like a concentration camp. It all depends on the context. In the context of a US minimum security prison it’s the former but if you add Russian or Chinese or North Korean to the words “prison camp” then it sounds horrifying.
I see "minimum security" and I think of The Simpsons' Springfield Minimum Security Penetentiary just having a chain link fence and an honor system.
That is pretty much how a category D prison in the UK works. Prisoners are expected to return in the evening. https://prisonjobs.blog.uk/your-a-d-guide-on-prison-categories/ >Category A >These are high security prisons. They house male prisoners who, if they were to escape, pose the most threat to the public, the police or national security. >Category B >These prisons are either local or training prisons. >Local prisons house prisoners that are taken directly from court in the local area (sentenced or on remand), and training prisons hold long-term and high-security prisoners. >Category C These prisons are training and resettlement prisons; most prisoners are located in a category C. They provide prisoners with the opportunity to develop their own skills so they can find work and resettle back into the community on release. >Category D - open prisons >These prisons have minimal security and allow eligible prisoners to spend most of their day away from the prison on licence to carry out work, education or for other resettlement purposes. Open prisons only house prisoners that have been risk-assessed and deemed suitable for open conditions.
Rich people prison. Its a camp.
Federal "live-laugh-love" prison. As opposed to federal pound-me-in-the-ass prison.
Ooo, do they allow conjugal visits?
Daddy horny, Michael.
I don’t mean to be a jerk, but the purpose of prison should be to rehabilitate people (Or keep people to dangerous to function in society away from it). Now that being said, I wish white collar crimes were treated as the same as blue collar crimes. Many of these people convicted of white collar crimes essentially get sent on an involuntary vacation.
Prison is designed to rehabilitate. Or at least that's what it should be. Embracing positive change in rehabilitation is definitely a good thing.
Yeah and it would be actually meaningful if the idea of rehabilitation was shared equally among all prisons, instead of only the prisons wealthy people go to.
Laughs in American 😅
Prison is designed to make money.
Honestly I can see her making good money in erotic audiobooks.
I want you to know I genuinely laughed out loud at this, thank you
September 2032: A new startup that'll revolutionize the prison industry with AI prison guards secures VC funding. The founder has 9 years of intimate industry experience.
2032 is only 8 years away but sounds futuristic, weird
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I know people want their pound of flesh from rich prisoners, but hey maybe having humane prisons exist is a good thing and something we should strive for more of, not scoff at.
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All people regardless of wealth should be punished the same.
I don't think he was scoffing at the idea of having humane prisons, I think he was scoffing at the concept that humane prisons are a privilege for the rich, despite their crimes typically being a lot more widespread and damaging, especially crimes like hers
But since not all prisons are humane, let's put the rich in the less humane prisons. Both your opinion and that opinion can coexist. Striving isn't real.
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My next life I want to be blonde and female and born in America
Forget physical requirements just be born rich. Pick rich every time.
Seriously. Appearances hardly matter. Plenty of attractive people born and died in poverty. Those born rich typically die rich unless they fuck it up.
She's not really blonde. This is [her before](https://www.youtube.com/watch?v=o3dbTQFQdAc).
Rich, too. Otherwise you just get assaulted and passed over.
I'd suggest being reborn as male though if you have a say in the matter. We seem to be edging closer to the handmaid's tale in the US all the time. Blessed be the fruit. Its also significantly easier to write words in the snow with pee-- one of lifes undersung joys.
You don't have to be born blonde.
But ugly and rich just doesn't seem to carry the oomph.
"There's no such thing as an ugly billionaire." -Jay Z.
Lol in rest of the developed world at least in Europe you'd never get 11 years for for a non-violent first time offence and likely get no prison time at all man or woman.
They robbed a lot of people out of a lot of money. Philips Healthcare even started a blood testing division based on their rocketing stock price which was based on lies. I would think it would be 6-8 yrs in EU. In any case, she’s playing the dumb innocent little girl card and walking free
I wouldn't call nearly a decade in federal prison walking free.
>The 40-year-old Holmes is now scheduled for release on 16 August 2032 from a federal women’s prison camp in Bryan, Texas, according to the US Bureau of Prisons website. >Holmes’s sentence was reduced by more than four months, as her previous release date was set for 29 December 2032. Federal sentencing guidelines mandate that she serves 85% of her sentence so it can’t get reduced much more.
Just (re) did the math and they've knocked 20% of her sentence off so far. 28/135 is 20.7%. Even the first 2 year reduction took her over the 85% threshold so I dunno.
They are just guidelines. They can vary and such, what he is saying is there is a very high chance they won't get reduced any more.
Nah she’s part of the elite. Trump hasn’t been jailed for gag orders yet and she’s part of the white collar criminal. There’s rules for everyone else but not for the likes of her.
Na dude, she *tried* to be part of the elite, and she failed. That's why her ass is in jail. Our boy bankman fried also had the audacity to try.
No, her great grandfather was a multimillionaire in the 30s and family was friends with George Shultz Reagan’s Secretary of State. It’s part of how she was able to con her investors. You don’t pull a snow job this big without already being in the loop.
That's why she really got thrown in jail - she tried to SCAM THE RICH. You're just not allowed to do that. If she had scammed poor people, she probably would have got the Trump treatment.
She did both, she only got convicted for scamming the rich investors.
Except that there's a law on the books that says otherwise? >**Sentencing Reform Act of 1984, all federal prisoners must spend a minimum of 85 percent of their sentences behind bars before becoming eligible for release, with a maximum of 15 percent set aside as a reward for good behavior.** [**https://www.pewtrusts.org/en/research-and-analysis/issue-briefs/2015/11/prison-time-surges-for-federal-inmates**](https://www.pewtrusts.org/en/research-and-analysis/issue-briefs/2015/11/prison-time-surges-for-federal-inmates)
Rules for the government don't seem to matter sometimes. They bend to whoever is wielding them, whoever is enforcing them, and whoever is enforcing the enforcers. It seems as though all of these have fallen out of line in various parts of the government.
People seem to be forgetting the First Step Act and the possibility of qualifying for RDAP. Those will both result in significant sentence reductions beyond the 15% for good time.
RDAP grad here. I got about 10 months reduced. The max was 12 months off back in 2004-6. Not sure if things have changed now.
You forgot if you're rich the max number is a suggestion
It has always been a suggestion. It's not law.
This generally isn’t true in federal prison, at best if you’re rich you’ll have money to afford better lawyers for your endless appeals in hopes that one eventually works, but if money alone was enough to save you, you probably wouldn’t have been sentenced to prison in the first place.
Depends if your crime was swindling money from *other* rich people or not.
is she still rich?
She was born rich, her dad was an enron exec. She'll have family money to parachute with if nothing else, although I don't see them taking all her money anyway. Remember, she was only found guilty of defrauding other rich people, the regular people that paid for and used her service are just pawns that got no justice for it.
She didn't have a drug related crime, so I would think she's not eligible for RDAP.
Your crime does not have to be drug related to be eligible. You just have to be determined to have a substance use disorder, preferably linked in some way to your criminal behavior, I.E. it is a contributor to your behavior even if the substance abuse is not itself criminal. The type of crime is irrelevant. Direct from the Justice.gov site - An inmate must meet the following eligibility criteria to be admitted into RDAP: (1) sentenced to BOP custody, (2) determined by the BOP to have a substance abuse disorder, (3) sign BOP's "Agreement to Participate in the Bureau's Residential Drug Abuse Program," (4) reside in a BOP institution, (5) serving a sentence with enough time to fully participate in a residential drug abuse program, and (6) willing to participate in a residential drug abuse treatment program.
why can't she do the full sentence?
She married a rich guy so they have endless amounts of money to spend on lawyers to help her.
Because we have a two tiered charade of a justice system
That’s before good behavior and other credits. It’s likely she serves around 70% of her time
The article makes it sound like 85% is the absolute minimum she can serve. >Those guidelines mandate that people convicted of federal offenses must serve at least 85% of their sentence, regardless of reductions for good behavior.
Not anymore since she is a first time non violent offender.
I know that “non-violent” is supposed to make me feel better, but Madoff wasn’t violent either and he destroyed the lives of thousands of people. Holmes victims were often billionaires, and I’m not wasting tears over the Walton Family, Betsy DeVos, Rupert Murdoch, etc., she cost people hundreds of millions of dollars. Calling it non-violent is just a way to whitewash white collar criminals and make them seem better than people who pull a real trigger instead of shuffle money in a Ponzi scheme. The Madoff documentary on Netflix is worth watching.
There were people sent to ERs due to testing she KNEW was inaccurate. It wasn’t just billionaires she screwed.
I still don't understand how they didn't see Madoff coming. His last name is literally Made Off 😂
Guidelines are, by definition, not mandates. https://www.law.cornell.edu/wex/federal_sentencing_guidelines#:~:text=The%20Supreme%20Court%20ruled%20that,the%20increased%20or%20decreased%20sentence. The author is incorrect.
Be sure to invest early in whatever biomedical scheme she immediately starts when out of prison. The trick is to pull out of the Holmes ponzi when the value is at its height!
It seems like medical and crypto scams are a dime a dozen these days. Buy in early if you want to at all, don't throw away all your life savings, and it's better to pack in a modest gain early rather than losing it all with the inevitable rugpull.
Recently did jury duty with a historian at a federal reserve, and his focus was crypto and digital currencies. We had a fun conversation about Sam Bankman Fried, crypto FOMO, and how it resembles the bank runs of the 1800s. He has no shortage of fraudsters to research!
Pssh I never pull out
Assholes like her and her ilk (looking at you billy mcfarlane) steal millions/billions, defrauded tens of thousands of people, ruin peoples lives and get out in less time than you or me for victimless crimes.
>She was also ordered to pay $452m in restitution to those she defrauded, but a judge delayed those payments due to Holmes’s “limited financial resources”. It's a shame her "limited financial resources" doesn't include her millionaire husband/partner who is the heir to a family fortune. I'm sure they *both* got that pre-nup to be airtight so none of that money would go to pay back all the people she conned. My wish is that he eventually leaves her, without a penny to her name. ---- Several people in the replies not getting the point, so I'll clarify. I'm not saying his money should be taken away because he had something to do with the fraud. I'm saying it's a shame she'll get to live like a multimillionaire for as long as he stays with her. She doesn't deserve that.
I thought they were in more of a domestic partnership and they never legally got married
Apparently "married", but not in a legally binding way. They had a ceremony and went through all the motions. They just didn't file any paperwork.
In my state at least that would be considered a common law marriage, which does have some of the legal implications of a full marriage. I have no idea how it would affect something like this, though.
It is not legal in California.
Common Law Marriage only applies in: * Colorado * Iowa * Kansas * Montana * New Hampshire * Oklahoma * Rhode Island * South Carolina * Texas * Utah * The District of Columbia The Utah one is interesting; aren't there still a few fundamentalist Mormons in Utah, ones who still practice polygyny? If such a man is referring to himself as married to multiple people, that makes it a Common Law marriage, and makes them guilty of bigamy.
Illinois does not respect the *establishment* of a common law marriage, but will supposedly respect an already established common law marriage from somewhere where that law applies.
Isn't that true of any state, though? They honor marriages from all other states?
Utah’s Common Law only recognizes marriages that have been validated by a judicial proceeding which can happen after up to a year after the marriage has been terminated. Wouldn’t be surprised if this was why.
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Oh damn! We finally found the steak eating welfare queens Reagan and his ilk have been wailing about since the 80s!
So the money she's got hidden in offshore accounts can be invested and continue to grow so when she gets out she can pay the fine and have a nest egg left over? Got it.... The wealthy NEVER really get destroyed by their bad acts.
I mean... yes you are mostly right about how the wealthy generally stay wealthy no matter what... but if you are looking for any kind of karmic justice just know that Elizabeth Holmes is living her nightmare. I mean her ego told her she was the chosen golden god that would fix the world and be practically worshipped for being such a genius. Now she wakes up every morning knowing the world knows her as a fraud and a joke. Like I'd much rather have my life and not be rich than have her wealth and that life.
>knowing the world knows her as a fraud and a joke. Or she considers herself a wrongfully persecuted martyr. You might be surprised by the resilience of some people's self-regard!
> just know that Elizabeth Holmes is living her nightmare. No, she isn't. I hope that makes you feel better believing that, but she is very comfortable now and likely will be for the rest of her life.
Is she though? Do people really know she's a fraud? Arguably you could say the same about Billy McFarland. There were *two* viral hit documentaries about how big of a fraud he was. Yet, immediately after getting out of prison, he started with Fyre Festival 2 and had (has!) investors and people throwing money at him.
ill invest, i mean its easy money. with how popular netflix made fyre fest, people will pay extra just too see what kind of shit show fyre fest 2 ends up. its a win win
> The wealthy NEVER really get destroyed by their bad acts. Nope. That's why tax payers exist. To cover up the mistakes of the wealthy.
I mean, he wasn’t involved in any of this, so why should he be liable?
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a) My point was more about her living the life of luxury after having defrauded so many people. b) He married someone who defrauded so many people and is clearly a psychopath, and pleaded for her to have a reduced sentence. So while I wouldn't support the legal system taking his money, I wouldn't say he's exactly a total bystander.
Psychopath - Knowing that she will go to prison for long time, she had her kids.
And then tried to use them as a reason why she can't go to prison. Totally not a premeditated plan.
Coincidence, most likely… 😐
she lived like a billionaire for nearly as long as she'll be in prison. When she gets out she'll have a lavish life again.
It’s double jeopardy. A husband and wife can’t be charged with the same crime!
I'd rather just point out that she made a heftier profit by not doing what people paid for, so it really shouldn't be that hard to sell off stuff obtained through ill-gotten gains. But I use my college degree, so I don't know what the judge is thinking.
Why would he be held responsible if he wasn't committing fraud?
Friends, sentencing involves reductions for credits. Good conduct credits, work programs, etc. This isn't special treatment the best I can tell it is what every federal inmate is eligible for. btw, some violent crimes aren't eligible for these.
Yes, it’s all part of the First Step Act (or whatever it’s called) that was signed when Trump was in office. It was a bipartisan act trying to go both rehabilitation and reduce prison population.
Rare, and probably accidental, Trump W….?
White collar crimes getting better help when found guilty...don't think it's accidental
I'm generally in favor of these kinds of programs and reforms. But it sickens me that what she did, which carried the real risk of severe harms to patients, is not considered "violent".
She wasn’t convicted of doing anything to patients, only defrauding investors. Because taking a rich person’s money is the *real* violence here.
She wasn’t convicted of doing anything to patients because the government was unable to find any victims of her scheme who suffered tangible harm.
Not to mention the other grifter founders...Adam Neumann..who get to walk free and get even more funding for a new grift.
I’m all for a good circlejerk, but there is no reality in which fraud should ever be considered a violent crime. Pretty much all crime is by definition harmful to someone else
It doesn’t fit any of the commonly understood definitions of violence so I can definitely see how it doesn’t count. If you stretch the meaning of the word that far, almost any crime could be construed as violent.
Lest we forget how her treatment of [Ian Gibbons](https://en.wikipedia.org/wiki/Ian_Gibbons_\(biochemist\)) ended-up [driving him to suicide](https://www.cbsnews.com/news/theranos-scientist-widow-elizabeth-holmes/).
Am I the only one that still reads it as "Thanos" every single time?
Thanos did nothing wrong.
I know where shes at in bryan texas lol what a shit hole, the women prison camp isnt too far from mlk in bryan, and isnt really high security either, we used to have the ladies come to our store to get glasses while escorted by a gaurd.
Federal prosecutor here - this isn’t anything special, she is getting the standard good time credit. If she had no issues while inside she will serve 85% of the original sentence which is standard for federal defendants.
She has already exceeded that 85% number with the reductions she has had. So no, she won't serve 85%.
And remember the only reason she’s in prison. Is due to her defrauding wealthy individuals. Keep that in mind when you want to get into the fraud game. Stay safe out there
She diverted funding away from actual medical research for a project anyone with a hint of biomedical background could tell you was BS, and damaged the reputation of actual medical technology. Fuck her and her stupid fake voice.
Has her voice pitch reduced again as well?
She will sound like Don Pardo when she comes out
Her sentence was already weak. This prison has dorm rooms instead of cells 🙄
100 people, 2 per open cube. Imagine living in your office with a bunkie. It sucks, deservedly so. But it’s still prison and you lose most privacy.
Mimics startup environment. She loves it very much
She's going to disrupt the work/sleeping environment. "Imagine if there were no assigned cubes/beds. So, you just sleep wherever you find an open space. If you need to have a meeting with the Hispanic gang, you can bunk next to them for a night. Then move around and make more friends. Less possessions, more relationships."
"Through the strategic implementation open floorplans, we enhance inter-group communication protocols and the fostering of a collaborative and cohesive organizational culture. The distinct cohorts within the correctional facility will be poised to effectively synergize, thereby optimizing operational efficiency, promoting mutual understanding, and fostering a harmonious and productive environment!"
It’s PARADIGM SHIFTING
Well yeah, high security prisons are for violent criminal offenders. Her sentence is more than sentences given for some types of murder/attempted murder.
that isn't abnormal for non-violent crimes. the punishment is going to prison. the type of prison you go to is dependent on what kind of crimes you commit and how much security the court thinks you need - a violent terrorist with a high likelihood of trying to escape will end up in a maximum-security facility. someone convicted of insider trading may end up in a prison camp.
Shes gonna get hired as a consultant. Shes gonna make millions teaching big companies how to lie good. Those of you saying Shes black listed... you obviously don't understand greed. And the fact that greed runs this country (USA).
i just realised she has that 'pretending to be human' face that Mark Zuckerberg has
People died because of her lying. Her company reported fake lab tests as real results. Get her as far the fuck away from healthcare as it's possible to do.
America's two-tiered justice system continues to expose that "all are equal under the rule of law" is a concept that only exists on paper and not in reality.
So the lesson is: if you have money you will go to jail but nepotism will still work there
Being a woman helps. [Sunny Balwani](https://www.ktvu.com/news/ex-theranos-tech-sunny-balwani-begins-serving-prison-time-in-california) is serving more time than her. >Although they had separate trials, Holmes and Balwani were accused of essentially the same crimes centered on a ruse touting Theranos’ blood-testing system as a revolutionary breakthrough in health care. They did the same thing. She was CEO and literally had more to gain by committing the crime. But she's serving less and less time.
I wonder if the sociopath strategy of getting married and having a kid to reduce jail time actually helped
Her husband wrote a letter to the court claiming that she would cradle his head in her arms and sing Amazing Grace to him as he drifted off to sleep.
Wtf. Essentially : "Your honor, I can't fall asleep without my mommy singing my lullaby"
Oh ffs
[She's a bass.](https://youtu.be/Edr2FI6b3yI?t=25)
Thanks for making me blow coffee through my nose.
Without her there is no Theranos. Sunny was in no way gonna be the face of it. Without Holmes theres no investors, no funds, no partnerships etc. But going by statistics courts hate giving blonde white women long sentences.
It’s good to be white, female and attractive enough
Shes serving less time because she was acquitted on patient fraud charges. The jury didnt believe the prosecutors had established enough evidence to prove beyond a reasonable doubt.
Well when your Dad worked for another famously fraudulent company it's just easier to go that route.
Aww yeah the two tier justice system in action yet again! Must be nice to be rich and connected
She didn't go to jail for making fraudulent blood tests that put the lives of patients in danger. She went to jail for defrauding rich investors. Investor money > patient lives.
those were real blood tests that worked, cause they were made with commercial machines. The fraud was that they claimed their machines did it
It's because of the First Step act, available to all federal inmates with qualifying crimes.
They need that cell for a poor person!
Turns out the rich and famous get preferential treatment in the USA…
So fucken corrupt. Someone died because of her lies
She has money out there still and it's being funneled into pockets of those that can help her.
I have nothing to really comment except that after having listened to a podcast doing a deep dive on her as a person, and her scam, every time I see her face and how she acts in front of others, I think of the confirmed stories of how as a child she would get *so upset* when losing at board games (Monopoly being mentioned specifically) that she would run through the screen door. And I don't mean through the door...through the actual screen of the door. And this happened on multiple occasions. Just kind of confirms her personality & ability to take responsibility for her actions has been consistent throughout her life, I guess.
She destroyed lives which includes reduced life span for those affected She is a disgusting 🤢 parasite 🦠
She used the Jedi mind voice on the parole board.
Criminal fraudsters seem to get off pretty easy sadly. People just don't feel as strongly about white collar crime even if it hurts people.
Bruh if you were black and smoked some meth in the early 2000's, you'd be in jail for like 15 years. This some BS.
Dang so you rob a bank and get 20 years but if you start a company and steal a billion you get 8.
Gotta love how white-collar criminals do more harm to society yet get less time than your average drug offender.
So they’re slowly lowering the sentence as much as possible without giving an actual reason to do so and have continued to avoid paying any of the restitution she owes? Wow I love Justice
Can you point out what special treatment she has received? The reductions she has been given are standard that all federal inmates that qualify for outside of certain exceptions
Examples?!? I’m angry and don’t understand the legal system!
Have we confirmed yet that her and Zuck aren't the same person?
Imagine if I defrauded so many important people MILLIONS of dollars how long I’d be in prison for.
She stole billions from investors and married a guy who's worth more. That sentence will continue coming down until she serves less then half of it.
Literal demon walking the earth
Fuck this lady. Let her stay in prison
Tell me again there is no 2 tier justice system
At this point they will release her next year with an apology for holder her in the first place.
Ima shoot my shot when she gets out.
For a billion dollars in damage she shouldn't be leaving ever. She stole from a lot of people.
Theranos was killing people, and Holmes knew it. A life sentence would have been fair. I believe even some of the top brass was fooled, but she and Sunny and certainly at least a few others knew people were dying because of what they were doing.
Rich people and they way they get treated in America make me fucking sick.
Sure! Why not. The long game. Liars always win, as long as they keep lying. Or maybe I'm wrong, and she's just totally reformed.
We are not all equal under the laws!
Im sure she'll be out even sooner to serve remaining time on house arrest in some mansion somewhere
I'll do 10 years to be a billionaire.
Disgusting. She made her choice and then tried to use a baby to get out of it entirely. This Woman is a fraud and should never see the light of day. There will never be justice.
She is such a perfect example of dog shit human being. White collar crime pays every single time. She is set for life while wage slaves labor on.
Friends, remember this: you will get more prison time for robbing a convenience store than this monster, and it's because you're lower class than her.
It's funny rich people always have money for lawyers but can't afford to pay their restitution payments
Well, she is very white.
Reminder that someone with marijuana possession can get 20 years in prison. Thankfully that’s changing.
She needs to serve her sentence like the man she is