US charges 3 Indian-origin ex-executives of health tech start up in $1 bn fraud

Washington: Three Indian-origin ex-executives of a Chicago-based health tech start-up have been charged by the federal authorities for their alleged roles in a fraud scheme which involved falsifying the company’s financial performance to raise nearly $1 billion in debt and private equity. The co-founders of Outcome Health Rishi Shah, 33, and Shradha Aggarwal, 34, and former executive Ashik Desai, 26, are among six people accused of fraud “that targeted the company’s clients, lenders and investors,” the US Department of Justice said on Monday. “Outcome’s former executives and employees allegedly deceived lenders,…

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4 Reasons To Make A Career Pivot To Tech In 2017

The number of millennials making the leap from their current field into a technology job is on the rise and for good reason. Job opportunity has and will be exceptional for tech job seekers, along with the ability to expand skills, be challenged, and earn a higher income. To get the lay of the land, I heard from General Assembly (GA) staff and alumni about their design, data, marketing and technology school. GA makes it possible for working professionals to make a pivot to break into the tech industry by…

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BlackBerry CEO Says Tech firms need to observe Lawful access Requests

Tech corporations should follow lawful requests to get entry to covered records, BlackBerry leader executive John Chen stated on Monday, in thinly veiled grievance of rival Apple Inc for its recent standoff with the FBI. Chen made the comment in a blog posting after reviews with the aid of Vice and Motherboard closing week that threw a spotlight on a 2014 case wherein Canadian law enforcement government used intercepted messages among a few BlackBerry devices to unravel an organised crime network. The gadgets were customer telephones that were not protected…

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