Elizabeth Holmes' Prison Sentence Raises Questions About Her Motives and Future Restitution.

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Source: BBC
Elizabeth Holmes' Prison Sentence Raises Questions About Her Motives and Future Restitution.
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TL;DR Summary

Elizabeth Holmes, founder of Theranos, is set to report to federal prison this week after being sentenced to over 11 years in prison and ordered to pay $452m with her former business partner Sunny Balwani to dozens of high-profile investors they defrauded through a blood-testing start-up. However, experts say restitution in the US has become largely symbolic, meaning Holmes' investors - and many less wealthy victims of fraud - are unlikely to get most of the money they are owed. Holmes will still be expected to try to pay these people and others she defrauded, and prosecutors have probably already begun to seize her assets, including money in the bank and properties.

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