Elizabeth Holmes Case Tracker
An interactive dashboard tracking the rise and fall of Theranos, the federal fraud case, and current incarceration status.
Current Status
Federal Prison Camp, Bryan
Register #24965-111
Reported: May 30, 2023
Sentence
10 years, 3 months
11 years, 3 months reduced March 2024
Restitution (Joint)
$452M
Shared with Sunny Balwani
Theranos Peak → Collapse
2014 peak; raised $400M+
4
Guilty
4
Acquitted
3
Hung Jury
Interactive Timeline
Filter by category to isolate key events
Elizabeth Holmes born
Born February 3, 1984 in Washington, D.C.
Stanford dropout, Theranos founded
Drops out of Stanford at 19 to found Real-Time Cures (later Theranos).
First patents filed
Files initial patents for wearable blood-testing devices.
Sunny Balwani joins as COO
Former software executive joins as president and COO.
Walgreens partnership announced
Major retail pharmacy deal to deploy Theranos testing in stores.
$9B peak valuation
Theranos valued at $9 billion; Holmes named youngest self-made female billionaire by Forbes.
WSJ exposé published
John Carreyrou publishes first investigative article questioning Theranos technology.
Erika Cheung alerts CMS
Lab worker reports systematic data alteration to regulators, triggering surprise audit.
Tyler Shultz speaks to regulators
Former employee and grandson of board member George Shultz becomes whistleblower.
CMS sanctions issued
Centers for Medicare & Medicaid Services finds serious deficiencies at Newark lab.
Lab license revoked
CMS revokes Theranos Newark lab certificate; company banned from blood testing for two years.
Federal indictment
Holmes and Balwani indicted on 11 counts of wire fraud and conspiracy.
Trial begins
Holmes trial begins in San Jose federal court after pandemic delays.
Verdict delivered
Convicted on 4 counts of investor fraud; acquitted on 4 patient counts; 3 hung jury.
Sentenced to 135 months
Judge Edward Davila sentences Holmes to 11 years, 3 months in federal prison.
Reports to prison
Holmes reports to Federal Prison Camp Bryan in Texas.
Sentence reduced by one year
Good conduct credits reduce sentence; projected release now earlier.
A24 documentary films
'You Can See Everything' directed by Nathan Fielder captures Holmes's final weeks before prison.
Verdict Matrix: All 11 Counts
Holmes was charged with 11 counts of wire fraud and conspiracy. Click verdicts to filter.
| Count | Description | Type | Verdict |
|---|---|---|---|
| 1 | Conspiracy to commit wire fraud (investors) | Investor | Guilty |
| 2 | Wire fraud - PFM Capital investment | Investor | Guilty |
| 3 | Wire fraud - DeVos family investment | Investor | Hung Jury |
| 4 | Wire fraud - DeVos family investment (second transfer) | Investor | Guilty |
| 5 | Wire fraud - Daniel Mosley/family offices | Investor | Hung Jury |
| 6 | Wire fraud - Mosley/estate investors | Investor | Guilty |
| 7 | Wire fraud - Hall/Schultz families | Investor | Hung Jury |
| 8 | Conspiracy to commit wire fraud (patients) | Patient | Acquitted |
| 9 | Wire fraud - patient blood test results | Patient | Acquitted |
| 10 | Wire fraud - patient blood test results | Patient | Acquitted |
| 11 | Wire fraud - patient blood test results | Patient | Acquitted |
Key pattern: Holmes was convicted on counts involving investor fraud but acquitted on all patient-related counts. The jury found prosecutors proved Holmes knowingly deceived wealthy investors, but not that she intended to harm patients.
Holmes vs. Balwani
Compare trial timelines and outcomes side-by-side
Key Figures Network
Click on a figure to see their role in the Theranos saga
Select a figure above to view their details and impact on the case
Sources
- Wikipedia: Elizabeth Holmes ↗
- U.S. v. Elizabeth Holmes et al. (DOJ) ↗
- Integrity Line: Theranos Whistleblowers ↗