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Justice Dept.: 3 Former Executives Sentenced for $1B Corporate Fraud Scheme
July 02, 2024
WASHINGTON, July 2 -- The U.S. Department of Justice issued the following news release:

Three former executives of Outcome Health (Outcome), a Chicago-based health technology start-up company, were sentenced for their roles in a fraud scheme that targeted the company's clients, lenders, and investors and involved approximately $1 billion in fraudulently obtained funds.

* Rishi Shah, 38, a co-founder and former CEO of Outcome, was sentenced on June 26 to seven years and . . .

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