Former Theranos CEO Elizabeth Holmes , who was estimated to have apersonal wealth of $ 4.5 billionin the bloom of her go wrong fraud of a line examination company , ca n’t afford to pay the victim she spoil $ 250 per month in regaining , her attorneys state this week .
The Justice Department say in a court filing it want Holmes to ante up the monthly $ 250 , or at least 10 % of her income , to victims of Theranos after she catch out of prison . The 39 - year - old beginner reported to a Union prison in Texas last week to set out serving an11 - yr conviction for her central use in the pseudo at her former company , which claimed its proprietary machine was able to bear out various medical tests and observe disease with only a few drops of ancestry . The gimmick did not solve .
However , in alegal filingthis hebdomad , Holmes ’ attorney argued that the former Theranos CEO had “ limited fiscal resource ” and asked a judge to deny the Justice Department ’s recent move to add the $ 250 per month payment to her amends docket . Holmes and former Theranos COO Ramesh “ cheery ” Balwani have likewise been tell to pay$452 million in restitutionto victims of Theranos .
Illustration: Jody Serrano / Gizmodo / Getty Images
As it stands , Holmes is required to pay victim $ 25 every three months while she ’s in prison house . According to theAssociated Press , the Justice Department filed a motion to add the $ 250 per month indemnity payments after Holmes got out of prison and said not including this docket had been a “ clerical erroneous belief . ”
“ Ms. Holmes ’ Amended Judgment already includes a restitution schedule that start while she is jug . There is no indicant in the record that the absence of a variety to the schedule after she is released was a clerical fault , ” Holmes ’ lawyer write .
Holmes is matrimonial to the heritor to a sumptuosity hotel range of mountains , Billy Evans , with whom she has two small tyke . He attended her trial in accompaniment and has confab her in prison . She claims she lost all her wealthiness after Theranos collapsed and that she has“no assets”and no Leslie Townes Hope of ferment in her sphere in the future . Both Holmes and Balwani have posit that their millions of clam in legal bills have left them closely get out .
The Justice Department ’s declare oneself restitution agenda for Holmes after prison would be similar to Balwani ’s , who is serve a 13 - class prison house sentence in California for his persona in Theranos . Balwani is expected to pay $ 1,000 per month in restitution after he gets out of prison , the AP reported .
CaliforniaCompaniesElizabeth HolmesLaw , CrimeTheranos
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