Sreedhar Potarazu, MD, an ophthalmologist and entrepreneur from Maryland, recently pled guilty to $30 million in shareholder fraud and and $7.5 million in tax evasion. He was arrested on October 6, 2016.
“For years, Potarazu enriched himself by abusing the trust of his company’s many investors and stealing millions of dollars from them through a complex scheme of fraud and deceit, said U.S. Attorney Dana J. Boente. “This case is a prime example of this office’s ongoing commitment to bringing white-collar criminals to justice.”
Continue to learn several facts about Dr. Potarazu and the case you may have not known about.