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
Elizabeth HolmesA very long prison sentence apparently isn’t the only problem blood-scammer Elizabeth Holmes faces these days: According to, she may still owe upward of $25 million to creditors for her failed company, Theranos. 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.
“A man holding the lawsuit approached Holmes at her attorneys’ table inside the courtroom,” CNBC said. “The man, who increasingly grew agitated, was removed by marshals. It could not be immediately confirmed if he was a process server trying to serve the suit on Holmes.” 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. A decade later, the complaint alleges, “Theranos ABC [a company representing Theranos creditors] has demanded payment of Promissory Note No. 1 and Promissory Note No. 2 from Holmes, but Holmes has failed to pay any amounts on account of Promissory Note.
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