Theranos founder Elizabeth Holmes ordered to report to prison May 30

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Theranos founder Elizabeth Holmes ordered to report to prison May 30
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A court on Wednesday ordered former Theranos founder and CEO Elizabeth Holmes to report to prison on May 30 to begin serving her 11-year sentence for defrauding investors.

Former Theranos COO Ramesh Balwani appears in federal court for a status hearing on July 17, 2019, in San Jose, California.

In another ruling issued late Tuesday, Davila ordered Holmes to pay $452 million in restitution to the victims of her crimes. Holmes is being held jointly liable for that amount with her former lover and top Theranos lieutenant, Ramesh "Sunny" Balwani, who is already in prison after being convicted on a broader range of felonies in a separate trial.

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