Disgraced Theranos founder Elizabeth Holmes is edging closer to freedom as a new documentary brings her dramatic rise and downfall back into the spotlight.
The convicted fraudster, whose husband acknowledges in the film that he once questioned whether she was “scamming” him, is expected to leave federal prison next August and transfer to a halfway house in Texas.
The reported move comes just weeks before the release of You Can See Everything, an intimate documentary following Holmes during her final days at home before she surrendered to begin serving her 11-year sentence.
Holmes, 42, has reportedly been approved for transfer from the minimum-security federal prison where she has been held since May 2023 to a community correction center near Austin.
She is scheduled to move to the Austin Transitional Center in Del Valle on August 23, 2027, according to an update from the Department of Justice’s Victim Notification System obtained by ABC News.
The transfer would represent a striking shift for the former Silicon Valley darling, once celebrated as a visionary entrepreneur before her blood-testing company Theranos collapsed in spectacular fashion.
Rather than remain at Federal Prison Camp Bryan, Holmes would spend the final part of her sentence at a supervised facility intended to help federal inmates return to daily life.
The Austin Transitional Center is a privately operated, 460-bed community corrections facility located about seven miles southeast of downtown Austin.
Elizabeth Holmes is expected to transfer to a Texas halfway house next August. She is pictured during one of her regular morning and evening workouts at FPC Bryan in Texas, where she is currently incarcerated
Holmes has been held at Federal Prison Camp Bryan since May 2023
The Austin Transitional Center is a privately operated, 460-bed community corrections facility about seven miles southeast of downtown Austin
ABC News reported that Holmes is expected to live in Austin after her eventual release, under the supervision of the United States Probation Office.
The Federal Bureau of Prisons declined to confirm the reported transfer, saying it “does not discuss the conditions of confinement for any individual, including release plans.”
“Additionally, per BOP policy, specific designation information cannot be released until after an individual arrives at their designated institution,” a spokesperson said in a statement.
Holmes is serving her sentence at Federal Prison Camp Bryan in Texas, the minimum-security women’s facility where convicted sex trafficker Ghislaine Maxwell is also incarcerated.
In 2022, Holmes was convicted on four counts of fraud and conspiracy linked to investors in Theranos.
Holmes’ husband Billy Evans, right, admits that he once feared she might be “scamming” him
Nathan Fielder spent 34 days with Elizabeth Holmes and her husband Billy Evans, who has remained by her side throughout her fraud conviction and incarceration
Elizabeth Holmes, the 42-year-old founder and former CEO of disgraced biotech company Theranos, allowed a film crew into her home 34 days before she reported to prison
In the documentary, which is due for release next month, Holmes’ husband reveals that he worried his wife might be scamming him.
Director Nathan Fielder moved into Holmes’ home and followed her with a film crew for 34 days as she prepared to begin her 11-year prison sentence.
In 2022, Holmes, 42, pled guilty to four counts of fraud after it was discovered that her biotech company, Theranos, was misleading its investors about its technology.
Theranos claimed it could conduct hundreds of blood tests using only a single drop of blood obtained through a finger prick, causing the company’s value to skyrocket to $9 billion, but a series of Wall Street Journal articles exposed the fraud.
A trailer for the highly-anticipated You Can See Everything features several dramatized glimpses into the private home life of the convicted fraudster and her husband Billy Evans, heir to the billion-dollar Evans Hotel Group.
Holmes and Evans met in 2017, two years after The Wall Street Journal published their expose. The couple has since welcomed two children, a son and a daughter, in the last five years.
Holmes’s husband believes he fell in love with her before he learned she was behind the Theranos fraud, he revealed in a conversation with Fielder.
‘I fell in love in that first conversation,’ he stated.
Holmes is currently being held at a minimum security prison in Bryan, Texas, while Evans is in San Diego with their two children
When Fielder asked him if he was ever suspicious that his wife was after his family’s fortune, Evans furrowed his brow in confusion.
‘100%, but what was she going to gain from me?’ he said.
‘Isn’t your family rich…?’ Fielder responded.
Evans deflected with a generalization: ‘There’s a lot of different levels of wealth,’ he said before the video cuts off.
Evans assured Fielder that he has never been suspicious of Holmes lying to him in a one-on-one conversation shown in the trailer.
The trailer features silent footage of the couple jogging along a foggy beach together, holding hands in their kitchen, and holding one of their two young children while sitting on the rainbow-colored floor of a playroom inside their beachfront home in San Diego, California.
The aforementioned shot was instinctively filmed through the bars of a crib, which cast a blurry grid over Holmes, foreshadowing what’s to come as she prepares for her incarceration.
‘I still have this weird feeling that there are some things I’m not seeing,’ Fielder says to Holmes, his face directly confronting hers as the trailer comes to its dramatic climax.
‘I don’t have anything to hide,’ Holmes said, staring deeply into Fielder’s eyes, inches away from his looming gaze.
