Elizabeth Holmes is officially in the clink, after she was sentenced to 11 years in prison for scamming $1.5 billion out of investors who believed Theranos, her company, had invented a technology that could diagnose medical conditions like cancer with a simple pinprick of blood.
Her elaborate scheme was the subject of a podcast called The Dropout, which was later adapted into an award-winning series starring Amanda Seyfried.
The high-profile fraudster surrendered herself to prison guards on May 30, to begin her sentence, after she was convicted in 2022. She made several bids to avoid prison time and have the conviction overturned but ultimately, she was unsuccessful.
Holmes will be heading to the Federal Prison Camp (FPC) Bryan, located in Texas, where the 665 female inmates can join wellness programs, partake in recreational activities and enjoy the freedoms of no fences and minimal prison staff.
Watch: Elizabeth Holmes to start her 11 years of sentence. Post continues after video.
FPC is even nicknamed 'Club Fed', a play on the recreational resort chain, Club Med.
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