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Chicago Sun-Times
Chicago Sun-Times
National
Associated Press

Former Outcome Health executives convicted on federal fraud charges

Outcome Health co-founder and former CEO Rishi Shah and co-founder and former president Shradha Agarwal. (File)

Jurors found three former leaders of a Chicago-based company guilty of multiple counts of fraud on Tuesday, following a 10-week federal trial that tracked Outcome Health’s rise and dramatic fall after allegations that the officials had lied to customers and investors while taking in about $1 billion.

Jurors found Outcome Health co-founder and former CEO Rishi Shah guilty on 19 of 22 counts, co-founder and former president Shradha Agarwal guilty on 15 of 17 counts and former chief operating officer Brad Purdy guilty on 13 of 15 counts.

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