11-year Theranos founder Elizabeth Holmes' prison sentence for fraud reduced by 4 months, new release date August 16, 2032.

Theranos founder Elizabeth Holmes' 11-year prison sentence for fraud and conspiracy has been reduced by over four months, with her new projected release date being August 16, 2032. The U.S. Bureau of Prisons states that prisoners can earn early release for good behavior, completing substance abuse programs, or receiving credit for "productive activities." Holmes has not specified what she has done to receive additional time off her sentence.