Red Flags
2
Munjal Shah
Munjal Shah’s actions led to lawsuits, financial mismanagement, and failed business ventures, raising serious concerns about his credibility.
Quick summary on Munjal Shah
Misleading Auction Sellers on Andale.com:
Munjal Shah offered sellers promotional funds but failed to deliver, leading to frustration and distrust. Sellers were left waiting indefinitely for their promised money.
Controversial Handling of Fraudulent Listings:
He justified withholding payments by blaming sellers for listing fake products, yet the entire promotional event turned into a disaster due to inadequate management.
Health IQ Accused of Fraud:
His company, Health IQ, faced allegations of defrauding millions, raising concerns about financial mismanagement. Funds were mysteriously transferred to his next venture, Hippocratic AI.
Resignation After Financial Collapse:
Despite founding Health IQ, he abruptly resigned when the company faced severe financial troubles, leaving investors and employees struggling with massive losses.
Lawsuits and Allegations of Loan Fraud:
Munjal Shah has been sued multiple times, with accusations of owing suppliers over $17 million and being responsible for a $75 million loan fraud.
Intel Reports
by: Jeffrey Tate
Health IQ was built on lies, and when things collapsed, Munjal Shah just walked away.
by: Jeremy Bishop
He shifts from one company to another, leaving behind lawsuits, financial messes, and angry investors. Yet somehow, he keeps getting funding for new ventures...How??
by: Melissa Carey
The whole Andale.com fraud was just the beginning. Munjal Shah has a history of making big promises, taking the money, and then blaming others when things go wrong. Health IQ is just the latest example of his failed leadership.
by: Joseph Shepard
Health IQ’s downfall wasn’t just a business failure—it was financial fraud. Investors were misled, suppliers were left unpaid, and now he’s off building Hippocratic AI like nothing happened.
by: Austin Campbell
Promised promotional funds on Andale.com but never delivered? Sounds like a scam from day one...