Lying Or Lawyering: Elizabeth Holmes’ Attorneys Say She Can’t Afford To Pay Back Her Victims

CHARLOTTE, N.C. – Guess who’s on the edge? Elizabeth Holmes and the prosecutors in her almost half a billion dollar fraud case. Right now, Holmes is only paying $25 a month to the victims of her fraud. But prosecutors say that is only because of a clerical error, and that she needs to pay $250 a month once her sentence is up. Her lawyers argue Elizabeth won’t be able to afford that when she’s released from prison 11 years from now. Is this lying or lawyering?

This episode features:
WCCB TV’s Morgan Fogarty
WCCB TV’s Gary Brode
WCCB TV’s Kaitlin Wright