On top of all that, Holmes is trying to get out of paying the $900,000 in restitution prosecutors are asking. Those signed in 2011 would’ve been due in 2021, while the third one comes due in December. According to CNBC, Theranos’s board of directors already issued extensions on the promissory notes in 2016, when the first two were originally supposed to be paid, but Holmes never came through. She was in court to make her case when the man with the lawsuit showed up on Friday. Since that filing, Holmes has given birth to a second child, which her attorneys are now citing as another reason she should be allowed to defer the beginning of her sentence (scheduled to start on April 27). She also asked to remain free during the proceedings on grounds that she was not a flight risk - despite that one-way ticket to Mexico she booked for January 2022. She was sentenced to over 11 years in prison that November, and the following month, she appealed the conviction. In January 2022, after repeated delays due to the pandemic and Holmes’s first pregnancy, a California jury found her guilty on four counts of fraud. The wheels fell off in 2018, when prosecutors charged Holmes with 11 counts of criminal wire fraud. The machines didn’t work, and knowing this, Holmes and her business-partner-slash-lover, Ramesh Balwani, enlisted third parties to stage blood tests for investors. She claimed to have created a device that could complete a suite of tests with just one drop of blood, a promise that stood to revolutionize lab analysis but ultimately proved hollow. 2 from Holmes, but Holmes has failed to pay any amounts on account of Promissory Note.”Īs a quick reminder, Holmes founded Theranos in 2003 while still a student at Stanford by 2015, the company was valued at $9 billion. A decade later, the complaint alleges, “Theranos ABC has demanded payment of Promissory Note No. The promissory notes reportedly came to $9,159,333.65 in August 2011, $7,578,575.52 at the end of that year, and $9,129,991.10 in December 2013 - all when Theranos was still seen as a promising start-up. It could not be immediately confirmed if he was a process server trying to serve the suit on Holmes.” “The man, who increasingly grew agitated, was removed by marshals. “A man holding the lawsuit approached Holmes at her attorneys’ table inside the courtroom,” CNBC said. The outlet reports that a lawsuit accusing Holmes of executing three unpaid promissory notes surfaced on Friday while the disgraced founder was in court, trying to sidestep the penalty for her fraud conviction. ![]() Retrieved 16 February 2022.A very long prison sentence apparently isn’t the only problem blood-scammer Elizabeth Holmes faces these days: According to CNBC, she may still owe upward of $25 million to creditors for her failed company, Theranos. "Harry Potter stuntman David Holmes speaks of moment he was left paralysed in horror film accident". "Daniel Radcliffe Joins Former Stunt Double in New Podcast Series". ![]() "Harry Potter stuntman suffers horror injury in film set explosion". Archived from the original on 2 February 2009. "Harry Potter Stuntman David Holmes Vows to Return to Work – The Harry Potter Stuntman Injured in a Fall on the Film Set Has Vowed to Return to Work, Despite Fears He May Be Paralysed".
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