Two Indian-origin executives of a Chicago-based start-up have been convicted by a federal jury in the US of running a USD 1 billion corporate fraud scheme that targeted the company’s clients, lenders and investors. Following a 10-week-long trial, jurors on Tuesday found health technology company Outcome Health co-founder and former CEO Rishi Shah guilty on 19 of 22 counts, co-founder and former president Shradha Agarwal guilty on 15 of 17 counts and former chief operating officer Brad Purdy guilty on 13 of 15 counts.
Rishi Shah, 37, co-founder and former CEO, Shradha Agarwal, 37, former president, and Brad Purdy, 33, former chief operating officer, were convicted of defrauding Outcome Health s lenders and investors. Shah
Following a 10-week-long trial, jurors on Tuesday found health technology company Outcome Health co-founder and former CEO Rishi Shah and former president Shradha Agarwal guilty.
Following a 10-week-long trial, jurors on Tuesday found health technology company Outcome Health co-founder and former CEO Rishi Shah guilty on 19 of 22 counts, co-founder and former president Shradha Agarwal guilty on 15 of 17 counts and former chief operating officer Brad Purdy guilty on 13 of 15 counts.