Elizabeth Holmes to Report to Prison and Pay Restitution After Legal Challenges Denied.

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Source: Yahoo News
Elizabeth Holmes to Report to Prison and Pay Restitution After Legal Challenges Denied.
Photo: Yahoo News
TL;DR Summary

Elizabeth Holmes, founder of Theranos, has been ordered to report to the Federal Prison Camp in Bryan, Texas, to serve her over 11-year sentence for defrauding investors in her blood-testing start-up. The facility is a minimum-security women's prison that houses more than 500 inmates, most of whom are serving time for non-violent offences and white-collar crimes. Inmates are expected to work and participate in extracurricular programmes, and Holmes may have roommates in the dormitory-style living quarters. She will be allotted an hour for each meal and can speak to her family via video calls. Holmes has also been ordered to pay $452m to the victims of her fraud.

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