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SEC charges former ‘Outcome Health’ execs with major fraud

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Outcome Health
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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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Pharma exec John Kapoor gets 66 month prison sentence

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Pharma exec John Kapoor gets 66 month prison sentence | Diya TV News

BOSTON (Diya TV)  — Former billionaire CEO John Kapoor was sentenced to 66 months in prison, the culmination of a criminal trial in Boston resulting in the first successful prosecution of a pharmaceutical executive tied to the opioid epidemic. The 76-year-old founder of Insys Therapeutics made the potent opioid painkiller Subsys.

Senators reconvened in the Capitol for the third day of President Trump’s impeachment trial. House Democrats argued the president abused his power by pressuring Ukraine for his own personal gain, often playing video of Trump speaking publicly to make their point.

Pakistani Prime Minister Imran Khan at the World Economic Forum in Davos said Osama bin Laden was able to find refuge in Pakistan because groups like Al Qaeda were viewed as “heroes” rather than terrorists. In May 2011, bin Laden was killed by US Special Forces in Pakistan, near one of their military bases.

India is considering incentives to woo Apple and Samsung’s suppliers to open factories in the country.

Ravi Kapur contributed to this report.

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Tulsi Gabbard sues Hillary Clinton for defamation

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Tulsi Gabbard sues Hillary Clinton for defamation | Diya TV News

WASHINGTON (Diya TV)  — Congresswoman Tulsi Gabbard announced she is suing former First Lady Hillary Clinton for defamation. Gabbard was once Vice Chair of the Democratic Party, but stepped down when she decided to publicly endorse Senator Bernie Sanders for President in 2016. Gabbard says she’s been smeared since making that decision by Clinton and her network of supporters.

The Republican-led Senate rejected all 11 Democratic-proposed amendments en route to approving the rules for the impeachment trial of President Trump. The war of words between the two sides got so nasty at one point, Supreme Court Chief Justice John Roberts asked them all to bite their tongues.

Bollywood actress Deepika Padukone was honored with a Crystal Award at the opening session of the World Economic Forum’s 2020 annual meeting in Davos, Switzerland. 

The founder of The Live Love Laugh Foundation, Padukone was celebrated for leadership that inspires inclusive and sustainable change.

And for the first time, the Sikh community in the U.S. will be counted as a separate ethnic group in the 2020 US census.

Ravi Kapur contributed to this report.

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Jayapal endorses Sanders for president

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Jayapal endorses Sanders for president | Diya TV News

NEW DELHI (Diya TV)  — Seattle Congresswoman Pramila Jayapal announced she will be supporting Bernie Sanders efforts to win the Democratic nomination. Jayapal joins Congressman Ro Khanna & California Assemblymember Ash Kalra among prominent Indian American politicians publicly endorsing Sanders.

Democrats & Republicans are battling in the Senate to set rules for President Trump’s impeachment trial.

After much debate, thanks to a documentary by Comedian Hari Kondabolu, Simpsons Actor Hank Azaria said he will no longer voice the character known as Apu. There’s no word yet on whether the character will continue on the long running animated series.

Two NFL stalwarts will do battle in Miami in Super Bowl 54. The 49ers and Chiefs feature the league’s best running & best passing offenses in a matchup that pits one of the youngest coaches in the NFL in the 49ers Kyle Shanahan against one the league’s veterans in the Chiefs Andy Reid.

Fitness platform ClassPass raised $285 million in funding from investors making the company the latest female-founded startup to reach a $1 billion unicorn valuation.

Founded in 2013 by Payal Kadakia, ClassPass raised the mega-round to accelerate its international expansion.

Ravi Kapur contributed to this report.

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