Disgraced Theranos founder Elizabeth Holmes has requested a commutation of her prison sentence from the Trump administration. Holmes, convicted of defrauding investors, is currently scheduled for release in December 2031 and her request is pending review by the U.S. Justice Department's Office of the Pardon Attorney.
Holmes' release date is currently Dec. 30, 2031.Disgraced Theranos founder Elizabeth Holmes has asked the Trump administration to commute her prison sentence, according to the U.S. Justice Department's Office of the Pardon Attorney.
Holmes, 41, has almost six years left of her sentence after she was convicted of defrauding investors with false claims about her company's blood-testing technology.AP Photo/Jeff Chiu, FileAccording to the Office of the Pardon Attorney's website, the request was filed sometime in 2025 and its status is currently "pending," meaning it's under review.Holmes' release date is currently Dec. 30, 2031, according to the Federal Bureau of Prisons' website. Holmes unsuccessfully fought to delay her incarceration after she was found guilty of investor fraud and conspiracy in 2022. Last year, an appeals court upheld the fraud convictions, sentences and $452 million restitution order for Holmes and her second-in-command, Ramesh "Sunny" Balwani, who was also found guilty of fraud and conspiracy. The two had argued the court committed several legal errors and violated their constitutional rights during their separate trials. The three-judge panel for the appeals court rejected their claims, finding that any errors were harmless or that their arguments failed to show any violation. As part of their appeal, they also challenged the restitution, arguing the figure should not have been based on the investors' total investments. The panel stood by the restitution awarded by the lower court, concluding the "victims' actual losses were equal to the total amount of their investments."
Elizabeth Holmes Theranos Fraud Trump Administration Sentence Commutation
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump Envoy Frozen Out by Dogsledders Amid Greenland FeudThe public snub comes as Trump seeks to take over the icy territory.
Read more »
Supreme Court wary of Trump's bid to fire Fed governor Lisa CookTrump seeks to control the Federal Reserve Board with the help of the Supreme Court.
Read more »
Theranos founder Elizabeth Holmes asks Trump administration to commute her prison sentenceHolmes' release date is currently Dec. 30, 2031.
Read more »
Elizabeth Holmes asks Trump administration to commute her prison sentenceHolmes' release date is currently Dec. 30, 2031.
Read more »
Theranos founder Elizabeth Holmes asks Trump for early prison release after fraud convictionToday's Business Headlines 01/20/26
Read more »
Elizabeth Holmes asks Trump to let her out of prison earlyElizabeth Holmes, the disgraced Theranos CEO, has asked President Donald Trump for an early release from prison after being convicted of defrauding investors, according to a request filed last year with the Department of Justice.
Read more »