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SEC charges former ‘Outcome Health’ execs with major fraud

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CHICAGO (Diya TV)  — The Securities and Exchange Commission is charging four former executives of Chicago-based Outcome Health, formerly known as ContextMedia, with fraud for raising $487 million by falsely portraying the company as an overwhelming success. The complaint alleges the healthcare advertising company’s former executives, CEO Rishi Shah, President Shradha Agarwal, CFO Brad Purdy, and Executive VP Ashik Desai led a scheme to bill clients for full ad campaigns when only some ads were placed. The company raised money from the likes of Goldman Sachs.

Anil Raj, an Indian American from Saratoga, California, who was working with the United Nations Development Program, was killed in Kabul, Afghanistan when the vehicle he was traveling in was attacked. Secretary of State Mike Pompeo announced Raj’s death at a press briefing, where he also discussed the 26/11 attacks on Mumbai, saying “it is an affront to the victims and their families that those who planned the Mumbai attack still have not been convicted.”

Ravi Kapur contributed to this report.

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Trump calls on Modi to supply Hydroxychloroquine

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WASHINGTON (Diya TV)  — President Trump spoke to Prime Minister Modi over the weekend about how the two nations would combat the coronavirus, with a focus on ensuring the supply chain for pharmaceuticals and medical goods continues. But at a press conference, when informed India had banned the export of the drug hydroxychloroquine “without any exceptions,” Trump threatened retaliation. Hydroxychloroquine is typically used to treat malaria, but some COVID-19 patients have found it helpful. And the President has been touting it during his press conferences, without a clinical trial proving if it is indeed effective. India provides nearly half of America’s supply of the medicine. It is not clear whether India’s ban would apply to orders already placed.

Prime Minister Modi called on his nation to unite in the battle against COVID-19 by lighting diyas for 9 minutes at 9 pm Sunday night. Millions of people around India took part, which is now entering its third week of being mandated to stay at home to stop the spread of the virus.

Ravi Kapur contributed to this report.

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Trump tells India to supply hydroxychloroquine or face ‘retaliation’

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During a White House Press briefing, President Trump recounted having a conversation with Indian Prime Minister Modi Sunday morning about the ongoing Coronavirus pandemic. When informed by reporters that Modi was unlikely to release to any nation hydroxychloroquine, a drug used to treat malaria that may be helpful in treating COVID-19, Trump responded in shock, stating that he didn’t like the plan and that he would be surprised if this was the Prime Minister’s decision due to India’s strong economic ties with the United States in the trade sector. Trump stated that this course of action wouldn’t be consequence free, and that there may be retaliation in response. 

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Indian American family of five contract COVID-19

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WASHINGTON (Diya TV)  — An Indian-American family of five in Houston are all battling COVID-19, with their patriarch, 42 year old Rohan Bavadekar fighting for his life, placed on a ventilator. His wife and three young children are still at home, isolated and improving, receiving help from non-profit SEWA International. But they cannot make contact with Rohan at this time. So the family is asking anyone that has recovered from the illness to donate their plasma. With the right blood type, they’re hoping it’ll help boost Rohan’s odds of survival.

Members of Asian American Hotel Owners Association known as AAHOA are providing housing to help Indian students stranded in the US. With many students stuck without dorm rooms and no ability to go home because of border closures, these hoteliers have already pledged more than 2000 rooms.

The Center for Disease Control is advising all Americans to wear masks when in public, though preferably not the masks designed for health care workers since their risk for contracting COVID-19 is so much higher. They also want folks to continue social distancing and keeping your hands clean.

Ravi Kapur contributed to this report.

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