USA v. Desai

  1. August 14, 2023

    Ill. Judge Unfreezes Ex-Outcome Health CEO's $5M

    An Illinois federal judge unfroze $5 million in assets held by former Outcome Health CEO Rishi Shah, noting in his order that prosecutors had conceded the money was not related to the criminal fraud Shah was convicted of in April.

  2. August 01, 2023

    Ill. Judge Urges Deal Over Ex-Outcome CEO's Frozen $5M

    The U.S. government and former Outcome Health head Rishi Shah should explore a compromise for handling nearly $5 million that shouldn't have been tied up before his $1 billion fraud conviction, given Shah's murky financial picture and a lack of direct case precedent, an Illinois federal judge said Tuesday.

  3. June 16, 2023

    Outcome Ex-CEO Fights Forfeiture After $1B Fraud Conviction

    Outcome Health's former CEO is pushing back against prosecutors' bid to seize capital investments and other property to satisfy a $55 million money judgment and significant restitution obligation they're seeking following his fraud conviction, telling an Illinois federal judge the government cast too wide and too premature a net for such forfeiture.

  4. April 11, 2023

    Outcome Health Execs Convicted Of Fraud

    An Illinois federal jury convicted three former Outcome Health executives of fraud Tuesday in what prosecutors said was a billion-dollar scheme to grow the health advertising business by lying about its inventory and value while silencing employees who raised concerns.

  5. April 05, 2023

    Outcome Health's Execs Knew Its Fraud The Best, Jury Hears

    The U.S. government on Wednesday blasted a bid by three former Outcome Health executives to convince an Illinois jury they weren't part of a nearly $1 billion fraud scheme, asserting the company was built on a lie "and no one knew it better" than them.

  6. March 29, 2023

    Outcome's Problems Came From 'Fraud Island,' Jury Hears

    Outcome Health's former CEO shouldn't be convicted of lying about inventory and revenue to grow his health advertising business because the company's problems came from an employee who was operating on a "fraud island" and hiding it from executives, an Illinois jury heard Wednesday.

  7. March 28, 2023

    'Fake It Till You Make It' Was The Outcome Way, Jury Hears

    Three former Outcome Health executives who purposely oversold health advertising to pharmaceutical companies should be convicted for selling the future without ever disclosing to clients that they couldn't meet demands of the present, federal prosecutors told an Illinois jury Tuesday.

  8. March 28, 2023

    Outcome Ex-Growth Chief Says He Didn't 'Corrupt' Workers

    Outcome Health's former growth and sales chief pushed back on Monday against a suggestion that he was the root cause of fraud relating to the company's sales and revenue, asserting he was simply passing on practices he'd learned from his superiors.

  9. February 21, 2023

    Outcome Ex-Growth Chief Says Bad Business Was 'Pervasive'

    A former sales and growth chief for Outcome Health testified Tuesday that bad business practices were "pervasive" throughout the company and that he participated in them because even though Outcome was overselling its inventory, he always thought it was "going to get there."

  10. February 13, 2023

    Info On Outcome's Lies 'Needed To Come Out,' Analyst Says

    A former analytics manager for Outcome Health testified Monday that he regularly created false analytical records for clients and eventually told a Wall Street Journal reporter about deceptive practices at the company because he wanted others to know "it was all built on a lie."