Elizabeth Holmes’ ex-boyfriend Sunny Balwani has two years shaved off his 13-year prison sentence
Elizabeth Holmes’s ex-boyfriend Sunny Balwani has had his 13-year prison sentence shaved for Theranos fraud: Inmates can earn credit for ‘good behavior’ and participation in recidivism reduction programs
- Balwani reported to jail in April, weeks before his ex Holmes began her own 11-year sentence
- Officials explained that inmates can earn credit by participating in recidivism reduction programs
- The programs are designed to reduce recidivism and include anger management, internship training, and participation in education courses
Sunny Balwani, the ex-boyfriend of Theranos fraudster Elizabeth Holmes, has been serving two years of his 13-year sentence just weeks after he reported to prison.
Balwani was sentenced last year to 13 years in prison plus three years’ parole for conspiracy and fraud following the collapse of the disgraced blood testing company he co-led with Holmes.
Federal prison officials have now updated Balwani’s expected release date to April 11, 2034, meaning he would serve just 11 of the 13 years initially sentenced. Insider reported.
The U.S. Bureau of Prisons declined to comment on individual cases, but said Insider inmates can earn credit for time served by participating in recidivism reduction and residential drug treatment programs.
Recidivism reduction programs are designed to reduce recidivism when inmates are released back into the community.
Balwani was sentenced last year to 13 years in prison plus three years’ probation for conspiracy and fraud
Balwani’s ex-girlfriend Holmes was recently visited by her husband and parents in prison
They contain anger management, internship training and participation in educational courses.
In addition, inmates can earn 54 days of “good behavior time” for every year expelled, shortening their sentence.
Balwani reported to jail in April at FCI Terminal Island, a minimum-security federal facility just outside of Los Angeles.
At his trial last year, he was found guilty of all fraud and conspiracy charges related to the company’s counterfeit medical technology. He is appealing against his conviction.
Holmes also recently reported to federal prison in Bryan, Texas to begin her own 11-year sentence.
The disgraced founder was spotted by DailyMail.com and was visited by her husband Billy Evans and her parents Christian and Noel.
The group was seen sitting outside at a picnic table, deep in conversation.
Holmes was visibly shaken and cried for much of the visit, while Evans and Holmes’ mother appeared equally distressed.
Balwani was found guilty of all fraud and conspiracy charges related to the company’s fake medical technology
At her trial, Holmes accused Balwani of manipulating her through emotional and sexual abuse for years
Holmes was also convicted of fraud, but received a lesser sentence of eleven years
Balwani, pictured here with his legal team at his trial, is now appealing his conviction
Holmes’s husband and parents sat outside at a picnic table, deep in conversation during their first visit to the prison
At one point, Holmes, dressed in her khaki prison uniform, was seen holding Evans’ finger as they walked, breaking prison protocol stating that only “a brief kiss, hug or handshake is allowed on arrival and departure ‘.
A violation of the rules may result in Holmes being denied future visits for an extended period of time.
It was the first visit from the possible 572’s family, as they can see her once a week during her 11-year prison sentence.
Holmes and Balwani entered a relationship after meeting in 2003, but the couple split in 2016.
While on the witness stand at her trial, Holmes accused Balwani of manipulating her through years of emotional and sexual abuse.
Balwani’s lawyer denied the allegations.
At trial, Balwani’s lawyers portrayed him as a hard-working immigrant who moved from India to the US in the 1980s to become the first member of his family to attend college.
He graduated from the University of Texas in 1990 with a degree in information systems.
He later moved to Silicon Valley, where he first worked as a computer programmer for Microsoft before founding an online startup that he sold for millions of dollars during the dot-com boom of the 1990s.