What Elizabeth Holmes' life in prison could look like | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

United States News News

United States United States Latest News,United States United States Headlines

Elizabeth Holmes, the disgraced Theranos founder, just started serving her 11-year sentence. Here's what life could be like for her in a minimum security Texas prison.

Holmes reported to the Federal Prison Camp in Bryan, Texas, on Tuesday to begin serving out her 11-year sentence after being convicted on multiple charges of defrauding investors while running the now-defunct startup Theranos. Her request to remain free on bail while she appeals her conviction was denied by an appellate court earlier this month.

But according to Mark MacDougall, a longtime white-collar defense lawyer and former federal prosecutor, the prison won’t be a walk in the park for Holmes. “I think people who talk about ‘Camp Fed’ have never actually been inside a federal correctional institution,” MacDougall told CNN. “It’s not a place where people would want to spend time if they could be somewhere else.” FPC Bryan will likely be heavily populated with white-collar offenders, according MacDougall.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines