Theranos fraudster Elizabeth Holmes is slated to report to prison Tuesday to begin her 11-year sentence after losing a last-ditch appeal to remain free while attempting to overturn her conviction.
She’s expected to serve her time at a minimum security women’s prison camp, FPC Bryan, located in in Bryan, Texas, 100 miles outside of Houston, where Holmes grew up aspiring to be a billionaire like Apple co-founder Steve Jobs.
If she stays at FPC Bryan, as of tonight, the mother of two will share a bunk bed in her prison cell with at least three other women.
She will live among other famous inmates, including reality TV star Jen Shah and Jenna Ryan, who was convicted for participating in the Jan. 6 riots at the US Capitol.
Shah, meanwhile, starred on “Real Housewives of Salt Lake City” and began her six-year sentence at the prison this year after being convicted for taking part in a telemarketing fraud scheme.
The prison camp can hold about 720 inmates, and most are serving time for white-collar crimes and low-level drug offenses, The Wall Street Journal reported.
Inmates live in one of four housing units, where cells open at 6 a.m. Inmates must then return to their dormitories for a head count at 10 a.m. and 4 p.m.
Cells then close for the night at 8 p.m.
Holmes’ family can visit her on weekends and holidays, as stated on the Federal Bureau of Prisons’ website.
Children under 10 may sit on their parent’s lap when visiting, and women are allowed to breast feed babies during their visit.
Handshakes, hugs and kisses are allowed at the beginning and end of each visit. Inmates are permitted at least four hours of visiting time per month, the site says.
Holmes, 39, had asked an appeals court to allow her to remain free while attempting to overturn her conviction in a blood-testing hoax that brought her fleeting fame and a peak net worth of $4.5 billion at just 30 years old, according to Forbes.
The Ninth Circuit Court of Appeals shot the plea down earlier this month, ruling that Holmes’ appeal didn’t raise a substantial question of law. US District Judge Edward Davila recommended that Holmes report to FPC Bryan on May 30.
The Post reached out to Holmes’ lawyer for comment.
The punishment will separate Holmes from her two children and husband, William “Billy” Evans, who she married in 2019.
Holmes gave birth to her now-1-year-old son, William, in July 2021, which delayed her trial.
Holmes announced she was expecting another child — her daughter, Invicta, now 3 months old — in November 2022 following her conviction earlier that year.
In another ruling, Davila ordered Holmes and her ex-boyfriend and former Theranos COO, Ramesh “Sunny” Balwani, to pay $452 million in restitution to the investors who bought into Holmes’ claims of a revolutionary diagnostic tool using a finger prick.
However, Holmes is being held jointly liable for the lump sum, as Balwani is already in prison after being convicted on a broader range of felonies in a separate trial.
A $125 million chunk of that payout will go to Rupert Murdoch, executive chairman of News Corp, which owns The Post.
The federal government had previously asked for more than $800 million in restitution, according to court filings.
Holmes’ house of cards began to fall in 2015, when an investigative reporter for The Wall Street Journal revealed Theranos’ false claims in a multi-part exposé.
The reporter, John Carreyrou, revealed that Holmes falsely claimed her startup blood lab, Theranos, could diagnose a slew of conditions with just a single drop of blood.
After dropping out of Stanford University at age 19 to start Theranos in 2003, Holmes went on to attract billions in investments, leading her company to be valued at more than $9 billion at one point.
Carreyou’s book about Holmes’ rise and fall, “Bad Blood: Secrets and Lies in a Silicon Valley Startup,” has reportedly been checked out of FPC Bryan’s library and not returned as inmates prepare to welcome Holmes to the facility today.
The disgraced Theranos CEO was convicted of one count of conspiracy to commit fraud and three counts of committing fraud on individual investors — totaling more than $140 million — in January 2022.
She has been free on bail since then, living in a $13,000-per-month, 74-acre estate located in Woodside, Calif.
[Written in collaboration with other media outlets with information from the following sources]
