Dr sreedhar potarazu prison

          A medical doctor and entrepreneur was sentenced to months and 29 days in prison today for defrauding his former company's shareholders.

        1. A medical doctor and entrepreneur was sentenced to months and 29 days in prison today for defrauding his former company's shareholders.
        2. Potarazu was sentenced Wednesday in federal court in Alexandria to 10 years in prison for shareholder and tax fraud.
        3. Sreedhar Potarazu, an ophthalmic surgeon licensed in Maryland and Virginia, provided materially false and misleading information to.
        4. A year old medical doctor and entrepreneur named Sreedhar Potarazu was sentenced to months and 29 days in prison for defrauding shareholders.
        5. On July 21, , the Applicant was sentenced to months and 29 days in prison, ordered to serve three years of supervised release and to pay.

          6. Sreedhar Potarazu, an ophthalmic surgeon licensed in Maryland and Virginia, provided materially false and misleading information to....

          Indian-American doctor sentenced for $49 million fraud

          An Indian-American doctor, known for promoting classical Indian dances in the US, has been sentenced to nearly 10 years of imprisonment for defrauding his former company’s shareholders worth $49 million.

          Sreedhar Potarazu, an ophthalmic surgeon licensed in Maryland and Virginia, provided materially false and misleading information to VitalSpring’s shareholders to induce more than $49 million in capital investments in the company.

          Potarazu, 51, represented on numerous occasions that VitalSpring was a financially successful company and that the sale of VitalSpring was imminent, which would have resulted in profits for shareholders, the Department of Justice alleged.

          The Indian-American doctor also admitted that he concealed from shareholders that VitalSpring failed to account for and pay over more than $7.5 million in employment taxes to the Internal Revenue Service.

          For example, in 2014, Potarazu provided shareholders wi