Ex-Billionaire Elizabeth Holmes Says She Can’t Pay $250 a Month to the People She Cheated
this week, Holmes’ attorneys argued that the former Theranos CEO had “limited financial resources” and asked a judge to deny the Justice Department’s recent motion to add the $250 per month payment to her restitution schedule. Holmes and former Theranos COO Ramesh “Sunny” Balwani have likewise beenAs it stands, Holmes is required to pay victims $25 every three months while she’s in prison.
, the Justice Department filed a motion to add the $250 per month restitution payments after Holmes got out of prison and said not including this schedule had been a “clerical error.”“Ms. Holmes’ Amended Judgment already includes a restitution schedule that begins while she is incarcerated. There is no indication in the record that the absence of a change to the schedule after she is released was a clerical error,” Holmes’ lawyers wrote.
Holmes is married to the heir to a luxury hotel chain, Billy Evans, with whom she has two small children. He attended her trial in support and has visited her in prison.and no hope of working in her sector in the future. Both Holmes and Balwani have stated that their millions of dollars in legal bills have left them nearly broke.The Justice Department’s proposed restitution schedule for Holmes after prison would be similar to Balwani’s, who is serving a 13-year prison sentence in California for his role in. Balwani is expected to pay $1,000 per month in restitution after he gets out of prison, the AP reported.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elizabeth Holmes objects to government requesting she pay $250 a month to victims after prisonLawyers of Elizabeth Holmes, the disgraced former Theranos CEO, argued in a court filing this week that she has 'limited financial means' and should not be forced to pay $250 a month to victims of her crimes after she is released from prison.
Read more »
Theranos founder Elizabeth Holmes objects to $250 monthly restitution sought by USElizabeth Holmes' attorneys are pushing back citing “limited financial resources” available to the disgraced founder of Theranos.
Read more »
Elizabeth Holmes Says She Can't Pay $250 Monthly Restitution To VictimsThe disgraced founder of the Theranos blood-testing company will have “limited financial resources' upon her release from prison, her lawyers said.
Read more »
Elizabeth Holmes fights against demands she pay victims $250 a monthA lawyer for the former CEO of the failed blood testing company Theranos said Holmes has 'limited financial means' and should not have to pay.
Read more »
Elizabeth Holmes Doesn’t Want to Pay Victims $250 a MonthElizabeth Holmes' lawyers argued in a filing Monday that she has “limited financial means” to pay the $452 million restitution she and her co-founder were ordered to pay at her trial last January.
Read more »
Elizabeth Holmes rejects government order to pay victims after prisonLawyers for disgraced tech CEO Elizabeth Holmes are objecting to a government request that their client pay $250 a month to victims of her crimes.
Read more »