Couple who ran poop-testing firm in Silicon Valley charged with fraud

sfchronicle.com – By Lauren Hernández – A couple who co-founded a Silicon Valley biotech company that tested fecal matter was charged by federal prosecutors with allegedly defrauding their investors and health insurance providers.

Zachary Schulz Apte, 36, and Jessica Sunshine Richman, 46, face multiple charges, including conspiracy to commit securities fraud, conspiracy to commit health care fraud, money laundering, and other charges related to alleged schemes to defraud health insurance companies and investors in their startup company, uBiome.

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