Elizabeth Holmes ordered to pay massive restitution over fraud
Elizabeth Holmes ordered to pay massive restitution over fraud. Theranos founder Elizabeth Holmes and her co-accused and former lover Sunny Balwani were ordered late Tuesday to pay more than $450 million in restitution for defrauding investors. Holmes was convicted by a jury in January 2022 in U.S. District Court in San Jose of four counts of defrauding…
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