Home » Business » “Elizabeth Holmes and Partner Ordered to Pay $452 Million in Investor Fraud Case”

“Elizabeth Holmes and Partner Ordered to Pay $452 Million in Investor Fraud Case”

Together with her then partner – who is 18 years her senior – Holmes also has to pay $ 452 million to the investors. Balwani was himself convicted of 12 counts of fraud and conspiracy and has been in jail since April. He also tried to request a postponement, but has now started his sentence of almost 13 years.

Both are still appealing against their sentences, but will have to follow that appeal from prison.

2023-05-17 19:29:00
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