On Tuesday, Theranos CEO Elizabeth Holmes will be reported to Federal State Prison Camp Bryan in Texas. She will be in the same prison with one of the notable inmates, Jen Shah. They were both charged with Fraud.
Theranos CEO Elizabeth Holmes and Jen Shah will be in the same prison
Theranos CEO Elizabeth Holmes is serving her penalty alongside a notable inmate, Jen Shah, a Real Housewives of Salt Lake City star at Federal State Prison Camp Bryan in Texas.
On Tuesday, Theranos CEO Elizabeth Holmes will begin her imprisonment with 655 female offenders in a minimum-security house.
Theranos CEO Elizabeth Holmes and star Jen Shah were both guilty in a fraud lawsuit.
Read Also: Elizabeth Holmes, The Former CEO Of Theranos, Began Serving An 11-Year Prison Term
Theranos CEO Elizabeth Holmes and star Jen Shah are both guilty of fraud
Theranos CEO Elizabeth Holmes was convicted of four counts of fraud after she tricked her medical startup company investors with a million dollars: while the RHOSLC star Jen Shah had pleaded guilty in court to conspiracy to commit wire fraud about her telemarketing business.
Theranos CEO Elizabeth Holmes and star Jen Shah will experience a 6 a.m. wake-up call. The inmates are obliged to keep their cells clean and sanitized. Theranos CEO Elizabeth Holmes and star Jen Shah will have regular job assignments and be paid between $0.23 and $1.15.
Read Also: CFPB Settlement: Citizens Bank Will Pay $9 Million Following Fraud Claims
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