Elizabeth Holmes latest news: Theranos founder surrenders to Texas prison to begin 11-year sentence
✕ Close Elizabeth Holmes ordered to report to prison May 30
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Elizabeth Holmes has reported to prison to begin her 11-year sentence for defrauding investors in her blood-testing Silicon Valley start-up Theranos.
Wearing a beige sweater, jeans and sneakers, the 39-year-old mother of two was directed into Federal Prison Camp in Bryan, Texas, by staff from the Federal Bureau of Prisons minutes before a court-imposed deadline of 2pm on Tuesday.
A federal appeals court rejected her bid to remain out of prison earlier this month while she attempts to overturn her January 2022 conviction on four felony counts of fraud and conspiracy.
A delay was granted to give Holmes time to sort out child care for her one-year-old son William and three-month-old daughter Invicta. Holmes had originally been ordered to begin her prison sentence on 27 April.
Holmes spent the Memorial Day weekend with husband Billy Evans and their children near their home in San Diego, before surrendering to authorities in Texas.
She has also been ordered to pay $452m in restitution to out-of-pocket investors, including Rupert Murdoch and Betsy DeVos.
Her former romantic and business partner, Ramesh “Sunny” Balwani, began serving a nearly 13-year prison sentence last month in Southern California.
Source: The Independent
