Convicted Theranos founder Elizabeth Holmes’s likely arrival at a federal prison in Texas on Tuesday has some inmates reportedly ready to greet her with open arms. Holmes, convicted on four c…
“But other people are like, ‘I can’t believe that’s all she got for taking all that money,’” said Wade, who was convicted of defrauding her former boss by taking vacations and paying for cosmetic procedures.
“It is like a ‘Survivor’ episode,” she said, adding: “You have to make alliances, you have to play your cards right.” US District Judge Edward Davila, the federal jurist appointed to the bench by then-President Barack Obama, recommended that Holmes serve her sentence at the Texas prison, which is located about 100 miles northwest of her native Houston.Once hailed as America’s first female self-made billionaire with a net worth of $4.5 billion, Holmes will only be allowed to carry a maximum of $40 during her incarceration.
Traditionally, new inmates are assigned to do a 90-day work stint in the kitchen, where the job pays 12 cents an hour., inmates at FPC Bryan live in both open dormitories and rooms that house between four and 10 inmates each. Holmes, whose net worth was once valued as high as $4.5 billion, will only be allowed to carry up to $40.Holmes will have the option of taking part in recreational activities, including football and table tennis games.
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