Elizabeth Holmes Objects to $250-a-Month Victim Payments After Prison
- Theranos founder’s lawyers cite ‘limited financial resources’
- US prosecutors say missing payment schedule is clerical error
Elizabeth Holmes
Photographer: Benjamin Fanjoy/BloombergThis article is for subscribers only.
Elizabeth Holmes has “limited financial resources” and should not have to pay $250 a month in restitution once she’s released from prison, lawyers for the Theranos Inc. founder told a judge.
Federal prosecutors say there’s a clerical error in a court filing that doesn’t specify a schedule for Holmes to pay $452 million in restitution to victims of her massive fraud at the blood-testing startup.