4 ms·
> She…has been ordered to pay $452m in restitution to victims of the fraud. With what? Does she still have that kind of money? And if she doesn’t, couldn’t she
by sheepscreek 3y ago
> She…has been ordered to pay $452m in restitution to victims of the fraud.
With what? Does she still have that kind of money? And if she doesn’t, couldn’t she declare bankruptcy to get out of her obligation?
I don’t understand the point of having an unrealistic number like that. It would make more sense for Theranos to pay the restitution (since the entity raised the $$ and likely has the means).
- howard941 3y agoRestitution for fraud isn't dischargable in bankruptcy. The most she can hope for in bankruptcy is to manage the debt in a chapter 11
- MagicMoonlight 3y agoThe point is to stop her turning up in 11 years with 452m of magic treasure she found in a lake.