Elizabeth Holmes owes $452 million along with her former Theranos partner. She might never have to fully pay up.
navigate a $452 million restitution order? The short answer is that those funds may never get fully paid out, experts said.
"You can do it pre-indictment, but you still need a lot of evidence," he said."They don't just give you access to people's accounts or their home without that evidence." "Unlike fines, restitution is imposed without consideration of a defendant's ability to pay, and the chance of recovery largely depends on whether a defendant has sufficient assets to repay their victims," the representative said.
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Elizabeth Holmes ordered dinners at Theranos to keep staff late: bookElizabeth Holmes ordered dinners for Theranos staff but made sure they weren't delivered until after 8 p.m. so they worked late: book
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Disgraced Theranos fraudster Elizabeth Holmes seen for first time in prisonHolmes — federal inmate 24965-111 — was spotted makeup-free and wearing glasses, khaki sweat pants, a dark brown T-shirt and a wedding ring.
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Maybe Elizabeth Holmes could join Jen Shah’s popular abs class in Texas prisonThe reality TV star teaches her popular ‘Shah-Mazing Abs’ class to fellow inmates in the Texas prison to which Theranos founder Elizabeth Holmes surrendered this week.
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Elizabeth Holmes wanted Apple flag flown after Steve Jobs died: bookElizabeth Holmes was so obsessed with Steve Jobs she wanted an Apple flag flown half-mast at Theranos after he died: book
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Former inmate at Elizabeth Holmes' prison describes what she'll see behind barsTEXAS — Elizabeth Holmes, the convicted fraudster and founder of failed blood-testing company Theranos, on Tuesday began serving an 11-year sentence at the Federal Prison Camp in Bryan, Texas.
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