Holmes’ lawyers insisted before a judge that the disgraced Theranos founder has “limited financial resources” that will make it difficult for her to make her restitution payments,…
Disgraced Theranos CEO Elizabeth Holmes flashes smile as she reports to prison in Texas to serve out 11-year sentence
Theranos investor and media mogul Rupert Murdoch — chairman of News Corp., the publisher of The Post — is owed $175 million of those funds, while lesser amounts will be distributed to 13 other fraud victims — including $40 million to Walgreens and $14.5 million to Safeway.convicted on a broader range of felonies in a separate trial.
Holmes’ lawyers asked Davila on Monday to reject the prosecutors’ proposed correction, citing “substantial evidence showing Ms. Holmes’ limited financial resources,” according to Bloomberg. They noted that Balwani was ordered to pay a $25,000 fine, while Holmes was on the hook for the nine-figure sum, which she can’t afford to pay.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elizabeth Holmes says she can't afford $250 a month restitutionInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Elizabeth Holmes' lawyers say she shouldn't pay restitution once released from prisonLawyers for Theranos founder Elizabeth Holmes say she should not have to pay restitution once she's released from prison.
Read more »
Daniel Warren Johnson's 1:100 Variant Cover For Void Rivals #1Daniel Warren Johnson's 1:100 Variant Cover For Void Rivals 1 Revealed - And Sells For $250 voidrivals transformers imagecomics energonuniverse
Read more »
Amy Robach, T.J. Holmes hold hands after Elisabeth Shue says Andrew is ‘great’The former “GMA3” co-anchors have been spotted sharing a smooch while and about several times since news of their affair made headlines last November.
Read more »
How to Style Baggy Jeans and Ballet Pumps, According to Katie HolmesKatie Holmes reveals a styling lesson when it comes to city dressing, plus how to style ballet pumps with Vogue:
Read more »
Bristol's Torkwase Holmes is face of NHS blood donor campaignTorkwase Holmes is a face of an NHS campaign that urges people of black heritage to donate blood.
Read more »