Outcome Health Fraud Trial
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Outcome Health leaders convicted on federal fraud charges
(3 days ago) People also askWho was convicted of a fraud scheme at Outcome Health?A federal jury convicted three former executives of Outcome Health, a Chicago-based health technology start-up company, 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. The individuals convicted by jury verdict today were:Former Executives of Outcome Health Convicted in $1B Corporate Frau…justice.govWhat happened to Outcome Health?Five years after the once highflying Chicago tech company Outcome Health began to unravel, a jury has found all three of its former leaders guilty of multiple counts of fraud, while acquitting them of several other counts. The jury deliberated for about two days before reaching its verdict Tuesday morning. The verdict followed a 10-week-long trial.Former Outcome Health execs found guilty on most fraud chargeschicagotribune.comHow much money did outcome's ad fraud cost?The scheme targeting Outcome's clients allegedly lasted from 2011 to 2017 and resulted in at least $45 million of overbilled advertising services, according to trial evidence. The fraud originally was revealed in a Wall Street Journal article in 2017. The three executives convicted by the jury this week are:Outcome Health executives found guilty of corporate fraud schemeusatoday.comWill ContextMedia health pay $70 million to victims of fraud?ContextMedia Health LLC, which operates under the trade name Outcome Health (Outcome), a digital provider of medical information and advertising in doctors’ offices, has agreed to a resolution with the Department of Justice by which it will pay $70 million to victims of a fraud scheme that targeted its clients, lenders and investors.Outcome Health Agrees to Pay $70 Million to Resolve Fraud justice.govFeedbackU.S. Department of Justicehttps://www.justice.gov/opa/pr/former-executivesFormer Executives of Outcome Health Convicted in $1B …WebA federal jury convicted three former executives of Outcome Health, a Chicago-based health technology start-up company, for their roles in a fraud scheme that targeted the company’s clients, lenders, and investors and involved approximately $1 …
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Former Outcome Health execs found guilty on most fraud …
(5 days ago) WebFormer Outcome Health President Shradha Agarwal, center left, leaves following the guilty verdict in the criminal fraud trial at the Dirksen U.S. Courthouse, on …
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Outcome Health trial gets underway with prosecutors …
(6 days ago) WebFormer Outcome Health CEO Rishi Shah arrives for jury selection in a criminal fraud trial at the Dirksen U.S. Courthouse on Jan. 24. 2023. All three have …
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Outcome Health leaders convicted on federal fraud charges
(6 days ago) WebCHICAGO (AP) — Jurors found three former leaders of a Chicago-based company guilty of multiple counts of fraud on Tuesday, following a 10-week federal trial …
https://apnews.com/article/outcome-health-fraud-trial-e33ede315b7c6b65d3cf4f759267c5ba
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Former Outcome Health executives convicted on federal …
(1 days ago) WebJurors found three former leaders of a Chicago-based company guilty of multiple counts of fraud after a 10-week federal trial that tracked Outcome Health’s rise and dramatic fall.
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Outcome Health trial verdict: Rishi Shah, Shradha …
(7 days ago) WebAs with the guilty verdicts against Elizabeth Holmes and Ramesh "Sunny" Balwani in the Theranos fraud case, the guilty verdicts in the Outcome Health trial are a warning that the line between
https://www.chicagobusiness.com/technology/outcome-health-fraud-trial-verdict
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Outcome Health founders head to trial in Chicago over …
(7 days ago) WebThe Outcome trial is yet another reminder that “fraud, that overstating your success or earnings are not good strategies for long-term success, and that there are …
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Office of Public Affairs Former Executives and Employees …
(9 days ago) WebFour former executives and two former employees of Outcome Health (Outcome), a Chicago-based health technology start-up company founded in 2006, …
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Former Outcome Health Executives Found Guilty of Fraud
(2 days ago) WebListen. (2 min) Former Outcome Health CEO Rishi Shah was convicted on most of 22 criminal counts of wire, mail and bank fraud. Photo: Antonio Perez/Zuma …
https://www.wsj.com/articles/former-outcome-health-executives-found-guilty-of-fraud-912f9bb0
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Ex-CEO of Outcome Health, once valued at $5.5 billion, found
(6 days ago) WebDriving the news: Rishi Shah, who founded Outcome Health and led it to a $5.5 billion valuation, on Tuesday was found guilty of mail fraud, wire fraud, bank fraud …
https://www.axios.com/2023/04/13/ceo-rishi-shah-outcome-health-unicorn-guilty-of-fraud
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Outcome Health founders head to trial in Chicago over alleged $1
(2 days ago) WebA jury will examine whether Shah, Agarwal and a third former executive, Brad Purdy, participated in an alleged $1 billion fraud scheme. Their company, Outcome …
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Outcome Health whistleblower tells his tale at fraud trial
(3 days ago) WebA rarity in the Outcome Health fraud trial: A juror Zooms in Outcome Health employees wondered if they were part of a Ponzi scheme “I had seen an article …
https://www.chicagobusiness.com/technology/outcome-health-whistleblower-testifies-fraud-trial
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Star witness testifies at Outcome Health fraud trial
(2 days ago) WebOutcome Health whistleblower tells his tale at fraud trial But his parents weren’t wild about the idea until they met with Shah and Shradha Agarwal, the co …
https://www.chicagobusiness.com/technology/star-witness-testifies-outcome-health-fraud-trial
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‘A fraud of staggering scope’: Closing arguments begin in fraud …
(1 days ago) WebThe founders of the once-lauded Chicago startup Outcome Health lied to clients for years as part of “a fraud of staggering scope and ambition,” a government …
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Chicago jury hears opening arguments in billion-dollar fraud trial
(8 days ago) WebCHICAGO (CN) — The three heads of pharmaceutical advertising company Outcome Health were in Chicago's Dirksen Federal Courthouse on Monday to face trial …
https://www.courthousenews.com/chicago-jury-hears-opening-arguments-in-billion-dollar-fraud-trial/
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Outcome Health whistleblower tells his tale at fraud trial
(7 days ago) WebOutcome Health whistleblower tells his tale at fraud trial. Crain's Chicago Business. John Pletz. Reprints. Shradha Agarwal, left, and Rishi Shah. The investigation …
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Outcome Health fraud trial: Prosecution finishes its case Modern
(5 days ago) WebProsecutors finished presenting their case against three former executives of Outcome Health, eight weeks after the fraud trial began. The final witnesses were a …
https://www.modernhealthcare.com/legal/outcome-health-fraud-trial-prosecution-chicago
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NYC lawyer sparks probe into Trump judge over unsolicited advice …
(2 days ago) Web3. Lawyer Adam Leitman Bailey’s conversation with the judge overseeing the Trump civil fraud trial has sparked a probe into possible alleged violations by the judge. …
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Donald Trump Hush Money Trial: Six Bombshell Moments So Far
(4 days ago) WebDonald Trump's hush money trial is set to resume on Thursday, having already heard a number of revelations and potentially significant moments. The former president …
https://www.newsweek.com/donald-trump-hush-money-trial-key-moments-1901282
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Outcome Health investor lost 90% in company's downfall
(8 days ago) WebAn investor in Outcome Health estimated his firm’s $15 million investment lost 90% of its value after the health care advertising company unraveled following …
https://www.chicagobusiness.com/technology/outcome-health-trial-investor-lost-90-companys-downfall
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Jury begins deliberations in Outcome Health $1 billion fraud trial
(8 days ago) WebA jury is now deciding the fates of three former Chicago tech scene stars accused of perpetrating a $1 billion fraud scheme by lying to investors, lenders and …
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Despite Consumer Watchdog's US Supreme Court Win, Agency …
(5 days ago) WebPowered by its 6-3 conservative majority, the court has emerged in recent years as something of an ally in what has been called the "war on the administrative state," a …
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Live Updates: Cohen Faces Bruising Questioning From Trump Lawyer
(6 days ago) WebMay 16, 2024, 9:09 a.m. ET. Live Updates: Cross-Examination of Michael Cohen to Continue in Trump Trial. Defense lawyers for Donald J. Trump will try to poke …
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Doctor Convicted of $6.3M Medicare Fraud Scheme
(3 days ago) WebThe jury convicted Toya of one count of health care fraud and five counts of false statements relating to health care matters. She is scheduled to be sentenced on …
https://www.justice.gov/opa/pr/doctor-convicted-63m-medicare-fraud-scheme
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Trump, escalating attacks at rally, says Biden is ‘surrounded by
(7 days ago) WebDuring a private donor retreat last week in Palm Beach, Trump accused Biden of “running a Gestapo administration.”. And on Saturday, he said the president is …
https://www.politico.com/news/2024/05/11/trump-rally-new-jersey-trial-fascists-00157482
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Star witness in Outcome Health fraud trial takes the stand
(1 days ago) WebAshik Desai, a former executive at Outcome Health, leaves the Dirksen U.S. Courthouse after appearing as a witness on Feb. 21, 2023, in Chicago. A star witness in …
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The Benefits of AI in Healthcare IBM
(7 days ago) WebAccording to Harvard’s School of Public Health, although it’s early days for this use, using AI to make diagnoses may reduce treatment costs by up to 50% and …
https://www.ibm.com/think/insights/ai-healthcare-benefits
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Outcome Health, whose former executives await trial in $1 billion …
(8 days ago) WebOutcome Health, whose former executives are facing federal criminal charges for an alleged $1 billion fraud scheme, is merging with a Cincinnati-based …
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