Holmes reported to Federal Medical Center Carswell in Fort Worth, Texas on July 1, 2023.
She will be eligible for parole in 2034. Holmes's co-founder and former boyfriend, Ramesh "Sunny" Balwani, was also convicted on fraud charges and is scheduled to report to prison in September 2023.
Holmes founded Theranos, a blood testing company, in 2003. Theranos claimed to have developed a revolutionary new blood testing technology that could run hundreds of tests from a single drop of blood.
it was later revealed that Theranos's technology was not as accurate as claimed. Holmes and Balwani were charged with fraud in 2018.