In a shocking turn of events, Elizabeth Holmes, the disgraced founder of Theranos, has reportedly asked for a commutation from President Donald Trump, which could see her released from prison years early. The request comes after Trump has granted pardons and commutations to over 1,600 individuals since taking office, many of whom were involved in high-profile cases of fraud.
Holmes was convicted of wire fraud and conspiracy to commit wire fraud in 2022 and is currently serving an 11-year sentence at the Federal Prison Camp in Texas. However, unlike some other high-profile inmates who have benefited from Trump's clemency, Holmes has only asked for a commutation, which would not wipe out the restitution she owes to investors.
This move comes after Trump granted pardons and commutations to individuals such as Trevor Milton, the founder of Nikola electric vehicles, who was ordered to pay back $660 million in restitution before receiving his pardon. Milton had donated $1.8 million to Trump in 2024, highlighting the lucrative deals that have come with the president's clemency.
However, it is worth noting that Holmes' request for a commutation does not appear to be driven by a desire to avoid paying back the restitution she owes her victims. In fact, her social media account has shown hints of a more strategic move, with tweets praising Trump's involvement in helping Scott Adams, a Dilbert cartoonist who needed medical treatment.
The question on everyone's mind is: will Trump help Holmes? While it seems unlikely that he would grant a full pardon to someone as high-profile as Holmes, given his track record of clemency for other high-profile figures, anything is possible. One thing is certain, however - if Trump does decide to intervene on her behalf, it could be a major blow to justice and potentially pave the way for others like her who have committed similar crimes.
Holmes was convicted of wire fraud and conspiracy to commit wire fraud in 2022 and is currently serving an 11-year sentence at the Federal Prison Camp in Texas. However, unlike some other high-profile inmates who have benefited from Trump's clemency, Holmes has only asked for a commutation, which would not wipe out the restitution she owes to investors.
This move comes after Trump granted pardons and commutations to individuals such as Trevor Milton, the founder of Nikola electric vehicles, who was ordered to pay back $660 million in restitution before receiving his pardon. Milton had donated $1.8 million to Trump in 2024, highlighting the lucrative deals that have come with the president's clemency.
However, it is worth noting that Holmes' request for a commutation does not appear to be driven by a desire to avoid paying back the restitution she owes her victims. In fact, her social media account has shown hints of a more strategic move, with tweets praising Trump's involvement in helping Scott Adams, a Dilbert cartoonist who needed medical treatment.
The question on everyone's mind is: will Trump help Holmes? While it seems unlikely that he would grant a full pardon to someone as high-profile as Holmes, given his track record of clemency for other high-profile figures, anything is possible. One thing is certain, however - if Trump does decide to intervene on her behalf, it could be a major blow to justice and potentially pave the way for others like her who have committed similar crimes.