How Rishi Shah pulled off a billion-dollar pharma advertising scheme
An explainer on how Rishi Shah's Outcome Health fabricated a billion-dollar scam by fooling investors and pharma companies.
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Rishi Shah, son of a doctor who emigrated from India, has been convicted for "deceiving" their clients, their auditor, their lenders, and their investors ...
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Rishi Shah - 10 things to know with detail
Rishi Shah is a successful entrepreneur and the co-founder of Outcome Health, a healthcare technology company based in Chicago, Illinois.
Shah founded Outcome Health in 2006 with his business partner Shradha Agarwal. The company focuses on providing educational and informative content to patients in healthcare waiting rooms.
Shah's entrepreneurial journey started at a young age when he founded a web development company while still in high school.
Outcome Health quickly grew into a multi-billion dollar business, attracting investments from prominent venture capital firms.
Shah and Outcome Health faced controversy in 2017 when allegations of fraud and misleading advertisers surfaced. Shah stepped down as CEO in the wake of the scandal.
Despite the challenges faced by Outcome Health, Shah remains an influential figure in the healthcare and technology industry.
Shah is known for his philanthropic efforts, including donating millions of dollars to various charitable causes.
Shah is also a founding member of the Rishi and Shradha Agarwal Foundation, which focuses on supporting education, healthcare, and community development initiatives.
In addition to his work with Outcome Health, Shah is involved in several other ventures and projects in the healthcare and technology sectors.
Shah's story serves as a reminder of the highs and lows of entrepreneurship, and the importance of integrity and ethics in business.