Elizabeth Holmes Objects to $250 Monthly Payments to Theranos Victims After Prison Release

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Source: The New York Times
Elizabeth Holmes Objects to $250 Monthly Payments to Theranos Victims After Prison Release
Photo: The New York Times
TL;DR Summary

Elizabeth Holmes, the founder of Theranos, has objected to a proposed change in her restitution payment schedule, which would require her to pay $250 or at least 10% of her earnings each month to victims of her failed-blood testing start-up after leaving prison. Her lawyers argued that she has "limited financial resources." Last month, a federal judge ordered Holmes and her former business partner to pay $452 million in restitution to investors who were defrauded.

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