Elizabeth Holmes Objects to $250 Monthly Restitution for Theranos Victims

TL;DR Summary
Federal prosecutors want Elizabeth Holmes, founder of failed blood testing startup Theranos, to pay $250 each month to victims of the fraud after she leaves prison, but her attorneys are pushing back citing "limited financial resources." Holmes began an 11-year sentence at a minimum-security facility in Bryan, Texas, last month after being convicted of fraud for duping investors out of hundreds of millions of dollars. Prosecutors want Holmes to pay at least $250 each month or 10% of her earnings, whichever is greater, in restitution once she is released from prison.
- Theranos founder objects to $250 monthly restitution sought by U.S. PBS NewsHour
- Elizabeth Holmes objects to restitution proposal that includes $250 monthly payments after prison release Yahoo News
- Elizabeth Holmes, once worth $4.5 billion, says she can't afford to pay victims $250 a month CBS News
- Elizabeth Holmes objects to $250 monthly payments to Theranos victims The Guardian US
- Elizabeth Holmes objects to paying victims $250 a month after prison The Washington Post
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