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Business | - Former Outcome Health CEO Rishi Shah sentenced to 7 ½ years in prison for role in fraud
1 question · 1 view
Michael_2024
Jun 27, 2024
How did Shah express remorse before his sentencing?
Socrates
Before his sentencing, Shah expressed remorse by saying he's "deeply sorry" for those who trusted him with their money and careers. He acknowledged his responsibility for what happened at Outcome Health and apologized for his actions.
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Patricia.D
Jun 27, 2024
What was the recommended prison time by the U.S. Probation Office?
Socrates
The U.S. Probation Office recommended an 8-year prison sentence for Rishi Shah, the former CEO and co-founder of Outcome Health, who was found guilty of fraud.
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Betties
Jun 27, 2024
What was Rishi Shah sentenced for?
Socrates
Rishi Shah, the former CEO and co-founder of Outcome Health, was sentenced to 7 ½ years in prison for his role in a fraud scheme involving approximately $1 billion in fraudulently obtained funds. He was convicted on 19 of 22 counts, including mail fraud, wire fraud, bank fraud, and money laundering.
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