Elizabeth Holmes news: Theranos founder surrenders to Texas prison to begin 11-year sentence
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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.
Key points
Elizabeth Holmes starts her 11-year sentence for fraud
Amanda Seyfried reacts to Elizabeth Holmes starting 11-year prison sentence
Watch: Moment Elizabeth Holmes turns herself in to begin prison term
How long will Elizabeth Holmes serve?
What is Elizabeth Holmes’ net worth?
Can Elizabeth Holmes repay the $452m owed to her victims?
Tuesday 30 May 2023 17:14 , Bevan Hurley
Elizabeth Holmes was ordered to pay restitution of $452m to out-of-pocket investors in her failed blood testing business Theranos by a judge in California earlier this month.
Among those due to be repaid were Rupert Murdoch, who was in line to received $125m, and former Secretary of State Betsy DeVos.
Other donors included Henry Kissinger, and the Walton family, the billionaire owners of Walmart.
Holmes told the New York Times in a recent interview that she could not afford to pay her legal bills.
She stands to earn between $1.15 and 12 cents an hour carrying out menial tasks at Camp Bryan, the Texas prison where she is due to report to on Tuesday.
The near half billion dollar sum is unlikely to ever be repaid.
Pictured: The Texas prison where Elizabeth Holmes will report to on Tuesday
Tuesday 30 May 2023 17:34 , Bevan Hurley
Elizabeth Holmes is due to report to a federal prison in Bryan, Texas, on Tuesday to begin her 11-year sentence for defrauding investors of her Theranos blood testing startup.
Inmates at the all-female prison told the Wall Street Journal they were looking forward to welcoming the disgraced tech entrepreneur.
“I want to be her friend,” one told the Journal.
Holmes, 39, is appealing her fraud conviction and sentence, and continued to plead her innocence in a recentNew York Times interview.
At Bryan, the mother of two will face a gruelling daily schedule beginning at 6am, when inmates are woken up for meals and work. Those who fail to comply with the strict wakeup rules are subject to punishments.
Inmates can earn between $1.15 and 12 cents an hour on work programmes.
How long will Elizabeth Holmes serve?
Tuesday 30 May 2023 18:07 , Bevan Hurley
Elizabeth Holmes was sentenced to 11 years and three months in federal prison last year after being convicted of four counts of wire fraud and conspiracy at trial.
She continues to appeal her conviction and sentence, and tried to delay the start of her sentence several times.
A judge has ordered her to report to prison, believed to be the Federal Prison Camp, Bryan, Texas, on Tuesday.
Under federal sentencing guidelines, prisoners must serve 85 per cent of their sentence.
In Holmes’ case, that would be 9 and a half years in prison, making her eligible for release in December 2032.
What is Elizabeth Holmes’ net worth?
Tuesday 30 May 2023 18:16 , Bevan Hurley
At the height of her Theranos fame in 2014, Elizabeth Holmes was touted by Forbes as being the youngest self-made billionaire in the world.
At the age of 30, the blood testing company she founded was valued at $9bn, giving her an estimated net worth of $4.5bn.
After Theranos’ stunning downfall, and with the company losing almost all of its value, Forbes issued a revised estimate in 2016 putting her wealth at zero.
Ms Holmes and former Theranos COO Ramesh Balwani were this month ordered to pay restitution of $450m to investors, but appear unlikely to be able to pay.
She recently told the New York Times she is unable to even afford her legal fees.
Her husband Billy Evans is heir to a San Diego hospitality chain.
Who is Holmes’ husband Billy Evans?
Tuesday 30 May 2023 18:30 , Bevan Hurley
While Elizabeth Holmes’ spectacular fall has been pored over in countless news reports, documentaries, several books, and a TV miniseries, little is known about her marriage to hotel heir William “Billy” Evans.
The couple met in the fall of 2017 at a Fleet Week charity event in San Francisco, as Holmes’ blood-testing business Theranos was under federal investigation.
“I was captivated by her childish wonder and authenticity,” Mr Evans wrote in a gushing letter to the judge ahead of her sentencing last year.
As Holmes’ billion-dollar tech startup crumbled around her, their relationship grew closer.
He was a constant presence during her trial, conviction and sentencing to 11 years prison on four counts of wire fraud and conspiracy to commit wire fraud in California last year.
Here’s what we know about Billy Evans.
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
Deadline approaches for Elizabeth Holmes to report to prison
Tuesday 30 May 2023 18:36 , Bevan Hurley
The deadline for Elizabeth Holmes to report to federal prison to begin her 11-year sentence for fraud is fast approaching.
A federal judge ordered the Theranos founder to begin serving the sentence by 2pm on Tuesday 30 May.
With less than half an hour to go, there’s still no sign that Holmes has arrived at Federal Prison Camp Bryan, 100 miles north of Houston.
News cameras are showing a livestream of the entrance to the all-female low security prison.
Amanda Seyfried says she ‘feels' for Elizabeth Holmes children
Tuesday 30 May 2023 18:40 , Bevan Hurley
Amanda Seyfried, who portrayed Elizabeth Holmes in The Dropout, says she “feels” for her two young children as reports to prison to begin her 11-year sentence.
Speaking to Good Morning America on Tuesday, the 37-year-old actress said Holmes’ two young children are “hanging in the balance”.
“As a parent, as a mom, I’m just like, life’s not fair, but in a lot of ways it’s fair for her,” she said.
Seyfried won plaudits for her portrayal of the Theranos founder in the 2022 Hulu miniseries The Dropout.
Elizabeth Holmes starts her 11-year sentence for fraud
Tuesday 30 May 2023 18:44 , Bevan Hurley
Theranos founder Elizabeth Holmes has reported to Federal Prison Camp Bryan in Texas to begin her 11-year sentence for defrauding wealthy and powerful investors.
Footage captured by reporter Scott Budman showed the 39-year-old mother of two entering the prison at around 1.30pm, half an hour before the court-imposed dealine.
#More: This is Elizabeth Holmes arriving to begin her 11 year prison sentence: pic.twitter.com/iN4rJxueOB
— scott budman (@scottbudman) May 30, 2023
'Bad Blood, the final final chapter’
Tuesday 30 May 2023 18:48 , Bevan Hurley
John Carreyrou, the former Wall Street Journal reporter whose dogged reporting uncovered the Theranos scam, has weighed in after Elizabeth Holmes reported for prison to begin her 11-year sentence on Tuesday.
“Bad Blood, the final final chapter,” the journalist wrote on Twitter.
Mr Carreyrou’s 2018 bestselling book Bad Blood documented how Holmes had lied to investors about her blood testing startup.
Bad Blood, the final final chapter https://t.co/narCgJ5Dyn
— John Carreyrou (@JohnCarreyrou) May 30, 2023
Elizabeth Holmes turns herself in
Tuesday 30 May 2023 18:52 , Bevan Hurley
Wearing a beige sweater, jeans and sneakers, Elizabeth Holmes was directed into Federal Prison Camp in Bryan, Texas, by staff from the Federal Bureau of Prisons just minutes before a court-imposed deadline of 2pm on Tuesday.
The moment was captured by a reporter from the local news network Kags TV.
BREAKING: Elizabeth Holmes has turned herself into the Federal Prison in Bryan, Texas. pic.twitter.com/JmdAqQH4mk
— Ben Peck - KAGS 🦚👍 (@TheBenPeck) May 30, 2023
Elizabeth Holmes surrenders to federal prison in Texas to begin 11-year sentence
Tuesday 30 May 2023 19:10 , Bevan Hurley
Elizabeth Holmes has surrendered to a federal prison in Texas to begin her 11-year sentence over the Theranos scandal which rocked the high-flying tech world of Silicon Valley.
The 39-year-old disgraced tech entrepreneur reported to Bryan, the minimum-security federal prison camp in Texas, on Tuesday after exhausting all remaining legal avenues to cling to her freedom.
Holmes was convicted in January 2022 of four counts of fraud and conspiracy for lying about the capabilities of her biotech company’s blood testing technology and conning investors out of millions of dollars.
She was sentenced to 11 years and three months in prison and ordered to pay $452m in restitution to investors – including $125m to media mogul Rupert Murdoch.
Rachel Sharp has the full story.
Elizabeth Holmes surrenders to prison to begin 11-year sentence for Theranos scandal
What do we know about the Texas prison holding Elizabeth Holmes?
Tuesday 30 May 2023 19:18 , Bevan Hurley
Disgraced Theranos founder Elizabeth Holmes has begun her 11-year prison sentence after being found guilty of defrauding investors in her Silicon Valley blood-testing startup.
She will serve her time at Federal Prison Camp Bryan in Texas – an all-female facility that is located around 100 miles from Houston.
The minimum security prison houses around 600 inmates, and runs a variety of programmes intended to prepare prisoners for life after incarceration, according to Camp Bryan’s handbook.
Camp Bryan: What we know about the Texas prison holding Elizabeth Holmes
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
Tuesday 30 May 2023 19:29 , Bevan Hurley
While Elizabeth Holmes’ spectacular fall has been pored over in countless news reports, documentaries, several books, and a TV miniseries, little is known about her marriage to hotel heir William “Billy” Evans.
The couple met in the fall of 2017 at a Fleet Week charity event in San Francisco, as Holmes’ blood-testing business Theranos was under federal investigation.
“I was captivated by her childish wonder and authenticity,” Mr Evans wrote in a gushing letter to the judge ahead of her sentencing last year.
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
Selfless visionary or scheming grifter?
Tuesday 30 May 2023 19:50 , Bevan Hurley
From college dropout at 19 to billionaire at 30 and prison at 39, Elizabeth Holmes has had a life trajectory unlike any of her Silicon Valley peers.
Her tainted legacy will continue to be fought over for years to come, Bevan Hurley writes.
Inside Theranos founder Elizabeth Holmes’s shocking downfall
Amanda Seyfried says she ‘feels’ for Elizabeth Holmes children
Tuesday 30 May 2023 20:04 , Bevan Hurley
Amanda Seyfried, who portrayed Elizabeth Holmes in The Dropout, says she “feels” for her two young children as reports to prison to begin her 11-year sentence.
Speaking to Good Morning America on Tuesday, the 37-year-old actress said Holmes’ two young children are “hanging in the balance”.
“As a parent, as a mom, I’m just like, life’s not fair, but in a lot of ways it’s fair for her,” she said.
Seyfried won plaudits for her portrayal of the Theranos founder in the 2022 Hulu miniseries The Dropout.
Everything we know about disgraced Theranos founder going to jail
Tuesday 30 May 2023 20:25 , Bevan Hurley
Disgraced Theranos founder Elizabeth Holmes has begun her 11-year prison sentence after being found guilty of defrauding investors, including media mogul Rupert Murdoch, over fake claims about the company’s blood-testing capabilities.
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.
As well as being handed jail time over her role in misleading investors, Holmes was also ordered to pay $452m in restitution.
Here’s a comprehensive wrap on how we got to this point.
Elizabeth Holmes prison: Everything we know about Theranos founder going to jail
Watch: Moment Elizabeth Holmes turns herself in to begin prison term
Tuesday 30 May 2023 20:45 , Bevan Hurley
Elizabeth Holmes has turned herself in to prison to begin her 11-year sentence for defrauding wealthy investors in her blood-testing startup hoax Theranos.
Watch the moment Holmes arrives for the start of her 11-year sentence.
Moment Elizabeth Holmes turns herself in to begin prison term
Amanda Seyfried reacts to Elizabeth Holmes starting 11-year prison sentence
Tuesday 30 May 2023 21:05 , Bevan Hurley
Amanda Seyfried made a Good Morning America appearance on the same day disgraced tech entrepreneur Elizabeth Holmes began her 11-year prison sentence.
“Timing is everything,” host Michael Strahan noted, with Seyfried – who starred as the convicted Theranos founder in Hulu’s 2022 miniseries The Dropout – acknowledging the coincidence: “I heard that. Today’s the big – yeah, weird, you know.
“I feel for those kids. There’s two kids that are hanging in the balance here, as a parent, as a mom...,” she trailed off, uncomfortably.
Inga Parkel has the full story.
Amanda Seyfried reacts to Elizabeth Holmes starting 11-year prison sentence
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
Tuesday 30 May 2023 21:30 , Bevan Hurley
While Elizabeth Holmes’ spectacular fall has been pored over in countless news reports, documentaries, several books, and a TV miniseries, little is known about her marriage to hotel heir William “Billy” Evans.
The couple met in the fall of 2017 at a Fleet Week charity event in San Francisco, as Holmes’ blood-testing business Theranos was under federal investigation.
“I was captivated by her childish wonder and authenticity,” Mr Evans wrote in a gushing letter to the judge ahead of her sentencing last year.
Mr Evans pleaded with a judge not to send his wife to prison, claiming that her “capacity to change the world is limitless”.
Instead, he faces raising their two young children without her.
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
What we know about the Texas prison holding Elizabeth Holmes
Tuesday 30 May 2023 22:00 , Bevan Hurley
Disgraced Theranos founder Elizabeth Holmes has begun her 11-year prison sentence after being found guilty of defrauding investors in her Silicon Valley blood-testing startup.
She will serve her time at Federal Prison Camp Bryan in Texas — an all-female facility that is located around 100 miles from Houston.
The minimum security prison houses around 600 inmates, and runs a variety of programmes intended to prepare prisoners for life after incarceration, according to Camp Bryan’s handbook.
Among the inmates at Camp Bryan is Real Housewives of Salt Lake Cityreality TV star Jen Shah, who is serving six years behind bars for wire fraud. Shah has posted several blog entries from the prison, which she said does not have “many kind people in this place”.
Former inmates include Jenna Ryan, the Texas real estate agent convicted of participating in the January 6 riots.
According to the Wall Street Journal, John Carreyrou’s 2018 book Bad Blood which documented her rise and fall is available in the prison library.
Camp Bryan: What we know about the Texas prison holding Elizabeth Holmes
Selfless visionary or scheming grifter?
Tuesday 30 May 2023 22:30 , Bevan Hurley
From college dropout at 19 to billionaire at 30 and prison at 39, Elizabeth Holmes has had a life trajectory unlike any of her Silicon Valley peers.
Her tainted legacy will continue to be fought over for years to come, Bevan Hurley writes.
Inside Theranos founder Elizabeth Holmes’s shocking downfall
Everything we know about disgraced Theranos founder going to jail
Tuesday 30 May 2023 23:00 , Bevan Hurley
Disgraced Theranos founder Elizabeth Holmes has begun her 11-year prison sentence after being found guilty of defrauding investors, including media mogul Rupert Murdoch, over fake claims about the company’s blood-testing capabilities.
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.
As well as being handed jail time over her role in misleading investors, Holmes was also ordered to pay $452m in restitution.
Here’s a comprehensive wrap on how we got to this point.
Elizabeth Holmes prison: Everything we know about Theranos founder going to jail
Elizabeth Holmes surrenders to federal prison in Texas to begin 11-year sentence
Tuesday 30 May 2023 23:30 , Bevan Hurley
Elizabeth Holmes has surrendered to a federal prison in Texas to begin her 11-year sentence over the Theranos scandal which rocked the high-flying tech world of Silicon Valley.
The 39-year-old disgraced tech entrepreneur reported to Bryan, the minimum-security federal prison camp in Texas, on Tuesday after exhausting all remaining legal avenues to cling to her freedom.
Holmes was convicted in January 2022 of four counts of fraud and conspiracy for lying about the capabilities of her biotech company’s blood testing technology and conning investors out of millions of dollars.
She was sentenced to 11 years and three months in prison and ordered to pay $452m in restitution to investors – including $125m to media mogul Rupert Murdoch.
Rachel Sharp has the full story.
Elizabeth Holmes surrenders to prison to begin 11-year sentence for Theranos scandal
Amanda Seyfried reacts to Elizabeth Holmes starting 11-year prison sentence
Wednesday 31 May 2023 00:00 , Bevan Hurley
Amanda Seyfried made a Good Morning America appearance on the same day disgraced tech entrepreneur Elizabeth Holmes began her 11-year prison sentence.
“Timing is everything,” host Michael Strahan noted, with Seyfried – who starred as the convicted Theranos founder in Hulu’s 2022 miniseries The Dropout – acknowledging the coincidence: “I heard that. Today’s the big – yeah, weird, you know.
“I feel for those kids. There’s two kids that are hanging in the balance here, as a parent, as a mom...,” she trailed off, uncomfortably.
Inga Parkel has the full story.
Amanda Seyfried reacts to Elizabeth Holmes starting 11-year prison sentence
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
01:00 , Bevan Hurley
While Elizabeth Holmes’ spectacular fall has been pored over in countless news reports, documentaries, several books, and a TV miniseries, little is known about her marriage to hotel heir William “Billy” Evans.
The couple met in the fall of 2017 at a Fleet Week charity event in San Francisco, as Holmes’ blood-testing business Theranos was under federal investigation.
“I was captivated by her childish wonder and authenticity,” Mr Evans wrote in a gushing letter to the judge ahead of her sentencing last year.
Mr Evans pleaded with a judge not to send his wife to prison, claiming that her “capacity to change the world is limitless”.
Instead, he now faces raising their two young children without her for the next decade.
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
Watch: Moment Elizabeth Holmes turns herself in to begin prison term
02:00 , Bevan Hurley
Elizabeth Holmes has turned herself in to prison to begin her 11-year sentence for defrauding wealthy investors in her blood-testing startup hoax Theranos.
Watch the moment Holmes arrives for the start of her 11-year sentence.
Moment Elizabeth Holmes turns herself in to begin prison term
What we know about the Texas prison holding Elizabeth Holmes
03:00 , Bevan Hurley
Disgraced Theranos founder Elizabeth Holmes has begun her 11-year prison sentence after being found guilty of defrauding investors in her Silicon Valley blood-testing startup.
She will serve her time at Federal Prison Camp Bryan in Texas — an all-female facility that is located around 100 miles from Houston.
The minimum security prison houses around 600 inmates, and runs a variety of programmes intended to prepare prisoners for life after incarceration, according to Camp Bryan’s handbook.
Among the inmates at Camp Bryan is Real Housewives of Salt Lake Cityreality TV star Jen Shah, who is serving six years behind bars for wire fraud. Shah has posted several blog entries from the prison, which she said does not have “many kind people in this place”.
Former inmates include Jenna Ryan, the Texas real estate agent convicted of participating in the January 6 riots.
According to the Wall Street Journal, John Carreyrou’s 2018 book Bad Blood which documented her rise and fall is available in the prison library.
Camp Bryan: What we know about the Texas prison holding Elizabeth Holmes
Selfless visionary or scheming grifter?
04:00 , Bevan Hurley
From college dropout at 19 to billionaire at 30 and prison at 39, Elizabeth Holmes has had a life trajectory unlike any of her Silicon Valley peers.
Her tainted legacy will continue to be fought over for years to come, Bevan Hurley writes.
Inside Theranos founder Elizabeth Holmes’s shocking downfall
Everything we know about disgraced Theranos founder going to jail
05:00 , Bevan Hurley
Disgraced Theranos founder Elizabeth Holmes has begun her 11-year prison sentence after being found guilty of defrauding investors, including media mogul Rupert Murdoch, over fake claims about the company’s blood-testing capabilities.
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.
As well as being handed jail time over her role in misleading investors, Holmes was also ordered to pay $452m in restitution.
Here’s a comprehensive wrap on how we got to this point.
Elizabeth Holmes prison: Everything we know about Theranos founder going to jail
Elizabeth Holmes surrenders to federal prison in Texas to begin 11-year sentence
06:00 , Bevan Hurley
Elizabeth Holmes has surrendered to a federal prison in Texas to begin her 11-year sentence over the Theranos scandal which rocked the high-flying tech world of Silicon Valley.
The 39-year-old disgraced tech entrepreneur reported to Bryan, the minimum-security federal prison camp in Texas, on Tuesday after exhausting all remaining legal avenues to cling to her freedom.
Holmes was convicted in January 2022 of four counts of fraud and conspiracy for lying about the capabilities of her biotech company’s blood testing technology and conning investors out of millions of dollars.
She was sentenced to 11 years and three months in prison and ordered to pay $452m in restitution to investors – including $125m to media mogul Rupert Murdoch.
Rachel Sharp has the full story.
Elizabeth Holmes surrenders to prison to begin 11-year sentence for Theranos scandal
Amanda Seyfried reacts to Elizabeth Holmes starting 11-year prison sentence
07:00 , Bevan Hurley
Amanda Seyfried made a Good Morning America appearance on the same day disgraced tech entrepreneur Elizabeth Holmes began her 11-year prison sentence.
“Timing is everything,” host Michael Strahan noted, with Seyfried – who starred as the convicted Theranos founder in Hulu’s 2022 miniseries The Dropout – acknowledging the coincidence: “I heard that. Today’s the big – yeah, weird, you know.
“I feel for those kids. There’s two kids that are hanging in the balance here, as a parent, as a mom...,” she trailed off, uncomfortably.
Inga Parkel has the full story.
Amanda Seyfried reacts to Elizabeth Holmes starting 11-year prison sentence
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
08:00 , Bevan Hurley
While Elizabeth Holmes’ spectacular fall has been pored over in countless news reports, documentaries, several books, and a TV miniseries, little is known about her marriage to hotel heir William “Billy” Evans.
The couple met in the fall of 2017 at a Fleet Week charity event in San Francisco, as Holmes’ blood-testing business Theranos was under federal investigation.
“I was captivated by her childish wonder and authenticity,” Mr Evans wrote in a gushing letter to the judge ahead of her sentencing last year.
Mr Evans pleaded with a judge not to send his wife to prison, claiming that her “capacity to change the world is limitless”.
Instead, he now faces raising their two young children without her for the next decade.
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
Watch: Moment Elizabeth Holmes turns herself in to begin prison term
09:00 , Bevan Hurley
Elizabeth Holmes has turned herself in to prison to begin her 11-year sentence for defrauding wealthy investors in her blood-testing startup hoax Theranos.
Watch the moment Holmes arrives for the start of her 11-year sentence.
Moment Elizabeth Holmes turns herself in to begin prison term
What we know about the Texas prison holding Elizabeth Holmes
10:00 , Bevan Hurley
Disgraced Theranos founder Elizabeth Holmes has begun her 11-year prison sentence after being found guilty of defrauding investors in her Silicon Valley blood-testing startup.
She will serve her time at Federal Prison Camp Bryan in Texas — an all-female facility that is located around 100 miles from Houston.
The minimum security prison houses around 600 inmates, and runs a variety of programmes intended to prepare prisoners for life after incarceration, according to Camp Bryan’s handbook.
Among the inmates at Camp Bryan is Real Housewives of Salt Lake Cityreality TV star Jen Shah, who is serving six years behind bars for wire fraud. Shah has posted several blog entries from the prison, which she said does not have “many kind people in this place”.
Former inmates include Jenna Ryan, the Texas real estate agent convicted of participating in the January 6 riots.
According to the Wall Street Journal, John Carreyrou’s 2018 book Bad Blood which documented her rise and fall is available in the prison library.
Camp Bryan: What we know about the Texas prison holding Elizabeth Holmes
Selfless visionary or scheming grifter?
11:00 , Bevan Hurley
From college dropout at 19 to billionaire at 30 and prison at 39, Elizabeth Holmes has had a life trajectory unlike any of her Silicon Valley peers.
Her tainted legacy will continue to be fought over for years to come, Bevan Hurley writes.
Inside Theranos founder Elizabeth Holmes’s shocking downfall
Everything we know about disgraced Theranos founder going to jail
12:00 , Bevan Hurley
Disgraced Theranos founder Elizabeth Holmes has begun her 11-year prison sentence after being found guilty of defrauding investors, including media mogul Rupert Murdoch, over fake claims about the company’s blood-testing capabilities.
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.
As well as being handed jail time over her role in misleading investors, Holmes was also ordered to pay $452m in restitution.
Here’s a comprehensive wrap on how we got to this point.
Elizabeth Holmes prison: Everything we know about Theranos founder going to jail
Amanda Seyfried reacts to Elizabeth Holmes starting 11-year prison sentence
13:00 , Bevan Hurley
Amanda Seyfried made a Good Morning America appearance on the same day disgraced tech entrepreneur Elizabeth Holmes began her 11-year prison sentence.
“Timing is everything,” host Michael Strahan noted, with Seyfried – who starred as the convicted Theranos founder in Hulu’s 2022 miniseries The Dropout – acknowledging the coincidence: “I heard that. Today’s the big – yeah, weird, you know.
“I feel for those kids. There’s two kids that are hanging in the balance here, as a parent, as a mom...,” she trailed off, uncomfortably.
Inga Parkel has the full story.
Amanda Seyfried reacts to Elizabeth Holmes starting 11-year prison sentence
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
14:00 , Bevan Hurley
While Elizabeth Holmes’ spectacular fall has been pored over in countless news reports, documentaries, several books, and a TV miniseries, little is known about her marriage to hotel heir William “Billy” Evans.
The couple met in the fall of 2017 at a Fleet Week charity event in San Francisco, as Holmes’ blood-testing business Theranos was under federal investigation.
“I was captivated by her childish wonder and authenticity,” Mr Evans wrote in a gushing letter to the judge ahead of her sentencing last year.
Mr Evans pleaded with a judge not to send his wife to prison, claiming that her “capacity to change the world is limitless”.
Instead, he now faces raising their two young children without her for the next decade.
Who is Billy Evans, the husband of Theranos founder Elizabeth Holmes?
How will Elizabeth Holmes keep in touch with her family from jail?
14:30 , Megan Sheets
Elizabeth Holmes is married to Billy Evans, and the pair have two children, William, 2, and newborn Invicta. She lives around 100 miles from her family, who will be permitted to visit her in prison at weekends.
Inmates at Camp Bryan are also permitted to take part in video sessions with their friends and family, according to the handbook, as well as to send and receive text messages.
Prior to beginning her sentence at Camp Bryan, Holmes spent the weekend with her husband and children at the beach.
WATCH: Elizabeth Holmes enters Texas prison to begin sentence
15:00 , Megan Sheets
What will a day in jail look like for Elizabeth Holmes?
15:30 , Megan Sheets
Camp Bryan, where Elizabeth Holmes has begun her 11-year sentence, houses around 500 inmates, and runs a variety of programmes intended to prepare prisoners for life after incarceration, according to the minimum security prison’s handbook.
Holmes’ day will begin at 6am, when inmates are woken up for meals and work; people failing to comply with the strict wakeup rules are subject to punishments. Inmates are then counted at five different times during the day, when they must assemble in specific areas (once again, punishments are doled out to those who are not present at these times).
The prison features a study, game room, and work programmes that see all inmates take part in a six-week course on the importance of efficiency in the workplace before they are placed into a role – with some prisoners earning as little as $0.12 in some assignments.
According to the handbook, “All designated inmates are required to develop a financial plan to meet their financial obligations”, which for Holmes will mean reparations of $452m.
What is Elizabeth Holmes’ net worth?
16:00 , Megan Sheets
At the height of her Theranos fame in 2014, Elizabeth Holmes was touted by Forbes as being the youngest self-made billionaire in the world.
At the age of 30, the blood testing company she founded was valued at $9bn, giving her an estimated net worth of $4.5bn.
After Theranos’ stunning downfall, and with the company losing almost all of its value, Forbes issued a revised estimate in 2016 putting her wealth at zero.
Ms Holmes and former Theranos COO Ramesh Balwani were this month ordered to pay restitution of $450m to investors, but appear unlikely to be able to pay.
She recently told the New York Times she is unable to even afford her legal fees.
Her husband Billy Evans is heir to a San Diego hospitality chain.
Can Elizabeth Holmes repay the $452m owed to her victims?
17:00 , Megan Sheets
Elizabeth Holmes was ordered to pay restitution of $452m to out-of-pocket investors in her failed blood testing business Theranos by a judge in California earlier this month.
Among those due to be repaid were Rupert Murdoch, who was in line to received $125m, and former Secretary of State Betsy DeVos.
Other donors included Henry Kissinger, and the Walton family, the billionaire owners of Walmart.
Holmes told the New York Times in a recent interview that she could not afford to pay her legal bills.
She stands to earn between $1.15 and 12 cents an hour carrying out menial tasks at Camp Bryan, the Texas prison where she is due to report to on Tuesday.
The near half billion dollar sum is unlikely to ever be repaid.
