Elizabeth Holmes will soon have to ditch her black turtleneck for khaki prison garb and will earn as little as 12 cents an hour working on the prison factory line
- Holmes is set to ditch her turtleneck and work in a factory line, earning 12 cents to the dollar.
- The disgraced Theranos CEO has been instructed to report to a Texas prison at the end of May.
The minimum-security women's prison is 100 miles from Holmes' hometown in Texas. It houses women convicted of nonviolent crimes, including the "Real Housewives of Salt Lake City" star Jen Shah, who is serving six and a half years in prison on fraud charges.
At the Texas prison, Holmes would be expected to dress in khaki pants and shirts and dispense with any jewelry exceeding $100 in value, per an inmate admission and orientation handbook.
She would also be required to wake up at 6 a.m. and make her bed every morning in a "prescribed manner."
"Late sleepers who are unable to maintain rooms or arrive at work on time are subject to disciplinary action," the handbook stated.
Other rules include: having to stand beside her bedside at least five times a day for inmate head counts and working in a prison job related to packing food in a factory line, which could pay as little as 12 cents per hour.
And she would have to forgo privacy, as the handbook states that prison staff may "search an inmate's housing and work area, and personal items contained within those areas, without notice, randomly, and without the inmate's presence."
The BBC reported that Holmes was spending her last weeks of freedom in a rental home in San Diego with her husband, Billy Evans, and two children.
Once hailed as the world's youngest self-made billionaire who yielded the power to revolutionize healthcare, Holmes' reputation came crashing down in 2015 after The Wall Street Journal published an exposé revealing that she had been lying about the capabilities of the Theranos machines.
A federal grand jury indicted Holmes in 2018 with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. She was ultimately convicted on four of the 11 counts in January 2022.
A court on Tuesday denied her request to remain out of prison while appealing her conviction.
A representative for Holmes did not immediately respond to a request for comment sent outside regular business hours.
- Ready to introduce same-day settlement of trades by March 2024: Sebi chief
- Grok AI chatbot to reach all English-language users in about a week: Musk
- What are the two climate declarations India has been hesitant to sign at COP28?
- This 400-million-year-old fossil is the oldest disease-causing fungus we've ever seen!
- 10 Best places to visit in India for New Year 2024