“The point is if you want it, and you’re willing to create a new record, the sky’s the limit. Once freed, she won’t be able to as easily rely on the skills and connections that led her to prison in the first place. If she does go to prison, Holmes needs to do everything she can to prepare herself for life afterward, said Paperny. “Or she can sit in the TV room all day and complain, the choice is hers.” “She can write her memoir, she can teach, she can read, and she can educate herself,” said Paperny. Paperny says a number of his clients maintain websites with blogs while they’re imprisoned-some even continue to run small businesses. Some people write full books while they’re behind bars. Imprisoned people at low-security facilities have plenty of time to exercise, read, and write. He says he tells his celebrity clients that they’re stepping into an environment that people have lived in for years and that it would be wise to understand the environment before attempting to manipulate it and to recognize that they will struggle. Some of those prisoners will seek to lionize her while others will attempt to exploit her, said Paperny. Holmes’s celebrity status will also change the nature of her potential prison stay, as other prisoners will likely know who she is. She’s going to be around people who have been in prison for 20 years, and especially during COVID she could go months without visiting her family,” said Paperny. “It’s going to be difficult it’s going to be hard. If she takes a fork or even an apple from the dining hall she could end up in solitary confinement. She will remain confined in her cell during evening hours, will have set visiting hours, and her meals will be predetermined, as will her prison job. They also have craft activities like crochet, watercolor painting, and origami.īut while activities and amenities abound, there’s no denying the fact that Holmes will still be imprisoned. Amenities include a sundeck and tennis courts. The prison, which is in the Bay Area, is where Felicity Huffman spent time for her role in the college admissions scandal. Another option is a prison camp in Dublin, California. That would mean no fences plus a swimming pool, volleyball, softball, tennis, racquetball, and even roller skating. Paperny predicted that she could end up in Alderson, West Virginia, where Martha Stewart served her five-month term for lying about a stock sale. Holmes will likely be sent to a low-security prison, often referred to as Club Fed, because the crimes for which she was convicted were nonviolent and white collar. If that appeal goes south, she’ll be asked to turn herself in. Paperny says that could take as long as 18 months. She’ll likely appeal to a higher court and could remain free while that appeal is pending. “There is no real mechanism to really aggressively advance your release date in federal prison,” said Paperny.īut that doesn’t mean that Holmes will be going to prison soon, either. The sentencingĪs a federal prisoner, Holmes would be eligible for a 15% reduction in her sentence for good behavior, but other than that, early release options in the federal system are very limited. So what will the future look like for Holmes? Paperny, who himself served an 18-month sentence for a single count of conspiracy to commit securities fraud, and who now works with people in similar situations, walked us through the process. Even then, the jury did not reach a verdict on three counts, and Holmes was found not guilty of three more charges. Holmes’ trial included nearly four months of testimony, 32 witness accounts, and several days of jury deliberation. “I suspect she may get five to seven years in prison,” Justin Paperny, founder of federal prison consultancy White Collar Advice, told Fortune. She was found guilty on four counts, and faces up to 20 years in prison and a $3 million fine, although it is unlikely she will spend that much time behind bars. The 37-year-old founder of the failed blood testing company, Theranos, faced 11 counts of wire fraud and conspiracy to commit wire fraud for allegedly lying about the effectiveness of her company’s technology to raise money and public interest.
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