DEL VALLE, Texas — Theranos founder Elizabeth Holmes is scheduled to move to a halfway house in Del Valle next August, ABC News reports.
Per ABC News reports, an update via the Department of Justice’s Victim Notification System says Holmes will be relocated to Austin Transitional Center next August.
Holmes is currently in federal prison in Bryan, Texas, convicted on federal charges after defrauding investors of hundreds of millions of dollars.
She claimed her blood-testing startup, Theranos, would revolutionize blood testing using a method that could yield results with small volumes of blood.
Holmes was originally sentenced to serve 11 year sand 3 months in federal prison before a judge reduced her sentence to 10 years and 3 months.
PREVIOUS COVERAGE | Holmes gets more than 11 years in prison for Theranos scam
She is scheduled to be released in February 2030.
CBS Austin reached out the Federal Bureau of Prisons (BOP) to confirm reports of Holmes’ relocation next year.
The BOP responded that it “does not discuss the conditions of confinement for any individual, including release plans” and that “specific designation information cannot be released until after an individual arrives at their designated institution.”
The BOP did share that it “assigns individuals to facilities based on several factors.”
“These include the level of security and supervision required, medical or programmatic needs, separation or security considerations necessary for the individual’s safety, and other relevant factors, such as proximity to the individual’s release residence,” the BOP wrote.
CoreCivic, the company that operates Austin Transitional Center, wrote to CBS Austin that it “does not determine when an individual is transferred or placed into our care.”
“Those decisions rest entirely with our government partners,” CoreCivic continued.