Jurors found three former leaders of a Chicago-based company guilty of multiple counts of fraud on Tuesday, after a 10-week federal trial that tracked Outcome Health s rise and dramatic fall. The leaders were accused of lying to customers and investors while taking in about $1 billion.
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
Get latest articles and stories on World at LatestLY. 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. World News | Indian-origin Start-up Executives Convicted on USD 1 Bn Corporate Fraud Charges.
New York: A US federal jury has convicted two executives of Indian origin who worked for a Chicago-based start-up of running a fraudulent scheme worth $1 billion, media reported.