Theranos Founder Elizabeth Holmes Approved to Move to Texas Halfway House in 2027
AUSTIN, Texas — Theranos founder Elizabeth Holmes has been approved to move to a halfway house in the Austin area in 2027, according to a federal victim notification update reported by ABC News.
The Justice Department’s Victim Notification System shows Holmes is scheduled to be placed at the Austin Transitional Center in Del Valle, Texas, on Aug. 23, 2027. ABC News reported the update on Sept. 23.
Holmes was convicted in 2022 of defrauding Theranos investors out of hundreds of millions of dollars. Prosecutors said she made false claims about the blood-testing company’s technology, finances and business relationships.
She was sentenced to 135 months — 11 years and three months — in federal prison.
Holmes is currently being held at Federal Prison Camp Bryan in Texas, a minimum-security federal prison camp. Her scheduled release date is Feb. 22, 2030.
Minimum-security facilities typically house nonviolent, first-time offenders or inmates who have moved down from a higher-security prison because of good behavior, USA TODAY has reported, citing a prison consultant.
The halfway house approval would move Holmes from prison custody toward community confinement, a step some federal inmates take before reentry. Her case remains one of the most closely watched white-collar prosecutions in recent years, drawing attention to startup hype, investor trust and the limits of Silicon Valley’s promise-making culture.
Separately, A24 revealed on Sept. 6 a previously unannounced film featuring Holmes titled “You Can See Everything.” The project was made in secret and is set to be released in theaters in October, according to earlier USA TODAY reporting.
The documentary comes from comedian Nathan Fielder and “Primetime” director Lance Oppenheim. It picks up weeks before Holmes went to prison in 2023 on fraud charges.
“Thirty-four days before she’s sent to prison, notorious Silicon Valley founder Elizabeth Holmes invites a skeptical film crew to document her every move,” the synopsis reads. “What begins as an intimate portrait of an enigmatic felon becomes a mind-bending three-year journey into the abyss.”
Mateo Rosiles is the Texas Connect reporter for USA TODAY and its regional papers in Texas. Got a news tip for him? Email him at [email protected].
This article originally appeared on USA TODAY: Elizabeth Holmes approved to move to Texas halfway house in 2027.