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Elizabeth Holmes is going to prison. Will
she ever pay victims too?

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Posted By: FlyRight, 5/30/2023 6:46:32 AM

After several failed attempts to delay her time behind bars, Theranos founder Elizabeth Holmes is set to report to federal prison this week. The disgraced entrepreneur was sentenced to over 11 years in prison and ordered to pay $452m (£365m) with her former business partner Sunny Balwani to dozens of high-profile investors they defrauded through a blood-testing start-up. It's a sizeable bill for the former billionaire, who has claimed she does not even have enough money to pay her lawyers. In US federal court, convicted offenders are sometimes ordered to pay restitution. This is a reimbursement to victims for lost income, property damage, medical expenses or other financial costs related to the crime.

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Reply 1 - Posted by: plomke 5/30/2023 7:41:52 AM (No. 1480555)
Well,when Mz Holmes acquires a wife in prison and settles down in her comfy new home,she will then proceed to write her autobiography which will be made into a star studded blockbuster. Of course by then her victims will have died of old age...
4 people like this.

Reply 2 - Posted by: mifla 5/30/2023 7:44:32 AM (No. 1480559)
Club Fed beats the heck out of a state prison.
7 people like this.

Reply 3 - Posted by: Califedup 5/30/2023 7:48:17 AM (No. 1480561)
Ole' Pooch Face with the demon eyes is getting exactly what she deserves. Wonder how long before her "Partner", a trust fund fool moves on from her to someone else. The real victims are the two children she deliberately had knowing she would be going to prison for years and years.
9 people like this.

Reply 4 - Posted by: broken01 5/30/2023 7:55:39 AM (No. 1480567)
I thought the lying harpy witch was in jail already.
3 people like this.

Reply 5 - Posted by: MissNan 5/30/2023 8:50:28 AM (No. 1480601)
The answer is NO, she will never pay her victims. Much like OJ never paid the Goldmans.
8 people like this.

Reply 6 - Posted by: msjena 5/30/2023 9:41:21 AM (No. 1480648)
Her victims are people like Rupert Murdoch, who should have known better.
5 people like this.

Reply 7 - Posted by: john56 5/30/2023 9:50:43 AM (No. 1480659)
I remember when a customer of mine had a spouse who was a city councilman and convicted of some sort of crime requiring food and lodging compliments of either the state or federal government. They actually had a choice between state or federal jail and chose the feds. The state had a better chance of getting out earlier, but wasn't as safe or as comfortable as the federal prison -- which, if you're a white collar crook as in this case, can be an issue in a general prison population. The feds originally were going to send him to a prison in Hawaii, but they decided to send him to a lower security facility closer to his family (about 300 miles) where they could visit. Yeah, and Mz. Holmes won't be paying anyone off. As an attorney friend of mine told me, there's only one time in his career where he saw the victims get paid back. In that case, the crook had a multi-million dollar life insurance policy and he had the good fortune (for his victims) to unexpectedly pass away. The victims were able to collect the proceeds of the policy.
3 people like this.

Reply 8 - Posted by: zephyrgirl 5/30/2023 10:09:48 AM (No. 1480678)
I suspect it is just a matter of time before she's either divorced or separated. She and Billy Evans are coy about whether or not they're married. Billy is seven or eight years younger, and is now the single father of two very young children. She'll be locked up for at least seven years (assuming she'll only have to serve two thirds of her sentence, and will get time-off credits for good behavior).
2 people like this.

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