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Tag: Rishi Shah

Who Is Rishi Shah, Indian-American Jailed For Rs 8,300 Crore Fraud In US

Posted on July 2, 2024 By admin
Who Is Rishi Shah, Indian-American Jailed For Rs 8,300 Crore Fraud In US

Rishi Shah, the co-founder of Outcome Health, was indicted on over 12 counts of fraud. New Delhi: Rishi Shah, an Indian-American businessman, has been sentenced to seven and a half years in prison for a Rs 8,300 crore ($1 billion) fraud involving his advertising startup. The fraud scheme deceived high-profile investors such as Goldman Sachs…

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Indian-American Man Rishi Shah’s Rs 8,300 Crore Fraud Scheme Shakes Top US Investors

Posted on July 2, 2024 By admin
Indian-American Man Rishi Shah’s Rs 8,300 Crore Fraud Scheme Shakes Top US Investors

The facade began to crumble in 2017 when a media expose brought the fraudulent activities into light. New Delhi: An Indian-American businessman Rishi Shah, the former billionaire cofounder of Outcome Health, has been sentenced to seven and a half years in prison by a US court. The saga involves a Rs 8,300 crore ($1 billion)…

Read More “Indian-American Man Rishi Shah’s Rs 8,300 Crore Fraud Scheme Shakes Top US Investors” »

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