Elizabeth Holmes, founder of Theranos, checks in Tuesday. Classes at Blinn are offered on "campus." heck, she might even find a way to become a Zoom Aggie.
Holmes, 39 years old and the mother of two children, must report to the Federal Bureau of Prisons by 2 p.m. on May 30, a judge ordered. The Bryan camp is a minimum security, all-female facility located about 100 miles northwest of Houston. It houses up to about 720 inmates convicted mostly of white-collar crimes, low-level drug offenses and for harboring immigrants who were in the country illegally, according to BOP and current and former inmates.
U.S. District Judge Edward Davila, who oversaw Holmes’s federal trial for criminal fraud, recommended she serve her time at the Bryan camp to facilitate family visitation. Holmes grew up in Houston, where her father once worked as an Enron executive.
A jury convicted Holmes of misrepresenting her startup’s technology and business performance to Theranos investors. She was subsequently sentenced to serve 135 months in prison and pay $452 million in restitution to her financiers such as the family of former Education Secretary Betsy DeVos and Rupert Murdoch, executive chairman of News Corp, parent company of the Journal. A judge acknowledged Holmes has few assets and the funds are unlikely to be recovered.
...Holmes, who dropped out of Stanford in her sophomore year to launch Theranos, could also pass time by working toward her college degree. Blinn College, a public junior college, offers certificate programs in business management and accounting at the Bryan camp, its course catalog says.
www.wsj.com
Holmes, 39 years old and the mother of two children, must report to the Federal Bureau of Prisons by 2 p.m. on May 30, a judge ordered. The Bryan camp is a minimum security, all-female facility located about 100 miles northwest of Houston. It houses up to about 720 inmates convicted mostly of white-collar crimes, low-level drug offenses and for harboring immigrants who were in the country illegally, according to BOP and current and former inmates.
U.S. District Judge Edward Davila, who oversaw Holmes’s federal trial for criminal fraud, recommended she serve her time at the Bryan camp to facilitate family visitation. Holmes grew up in Houston, where her father once worked as an Enron executive.
A jury convicted Holmes of misrepresenting her startup’s technology and business performance to Theranos investors. She was subsequently sentenced to serve 135 months in prison and pay $452 million in restitution to her financiers such as the family of former Education Secretary Betsy DeVos and Rupert Murdoch, executive chairman of News Corp, parent company of the Journal. A judge acknowledged Holmes has few assets and the funds are unlikely to be recovered.
...Holmes, who dropped out of Stanford in her sophomore year to launch Theranos, could also pass time by working toward her college degree. Blinn College, a public junior college, offers certificate programs in business management and accounting at the Bryan camp, its course catalog says.
Inmates Await Theranos Founder Elizabeth Holmes: ‘I Want to Be Her Friend’
Elizabeth Holmes is expected to begin an 11-year sentence at a Bryan, Texas, prison camp on Tuesday.
www.wsj.com
