Federal prosecutors want Elizabeth Holmes to pay $250 each month to victims of her failed blood testing startup after she leaves prison. U.S. District Judge Edward Davila ordered Holmes and her former partner, Ramesh “Sunny” Balwani, to pay $452 million in restitution to victims last month. But her attorneys are pushing back, citing “limited financial […]
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Federal prosecutors want Elizabeth Holmes to pay victims monthly after prison
Federal prosecutors want Elizabeth Holmes to pay $250 each month to victims of her failed blood testing startup after she leaves prison. U.S. District Judge Edward Davila ordered Holmes and her former partner, Ramesh “Sunny” Balwani, to pay $452 million in restitution to victims last month. But her attorneys are pushing back, citing “limited financial resources” available to the disgraced founder of Theranos. Federal prosecutors argue that Holmes should be required to pay at least $250 each month in criminal monetary penalties upon supervised released.