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Fortune
Fortune
Chloe Taylor

Disgraced Theranos founder Elizabeth Holmes says she can’t afford to pay $250-a-month restitution after serving her prison term

Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, November 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. (Credit: Yichuan Cao—NurPhoto/Getty Images)

Elizabeth Holmes, the disgraced chief executive of blood-testing startup Theranos, has reportedly said she cannot afford to repay $250 a month to those who lost money because of false claims she made about her company.

Bloomberg reported on Monday that Holmes, who was found guilty of defrauding investors earlier this year, had told a judge via her legal team that she would not be able to make $250-a-month restitution payments once she had finished serving the 11-year jail term she started last month.

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