July 6, 2024
Investors

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

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) fraud scheme that shook high-profile investors like Goldman Sachs Group Inc., Google parent Alphabet Inc., and Illinois

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