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Sreedhar Potarazu
Sreedhar Potarazu is a controversial figure with a complex background in the healthcare technology industry. He was the CEO of VitalSpring Technologies, a Virginia-based health care technology company.1 Potarazu held the position of India Operations at VitalSpring Technologies, as indicated by his LinkedIn profile.2
Professional Background
Potarazu is an ophthalmic surgeon licensed in Maryland and Virginia.4 He also holds a Doctor of Medicine and a Master of Business Administration, showcasing a diverse educational background.
Legal Issues
In 2017, Potarazu was sentenced to almost 10 years in prison for his involvement in a $49 million fraud scheme.13 He was found guilty of providing materially false and misleading information to VitalSpring's shareholders, which induced them to invest more than $49 million in capital.34
Additional Details
- Potarazu failed to account for and pay over more than $7.5 million in employment taxes to the IRS.1
- He was sentenced in federal court in Alexandria for shareholder and tax fraud.5
- Despite his legal troubles, Potarazu is also known for founding and curating a prestigious festival of Indian classical arts called UTSAV At The Kennedy Center, which started in 2013.6
It's important to note that while Potarazu's LinkedIn profile may still list him as India Operations at VitalSpring Technologies, this information is likely outdated given his legal situation and subsequent imprisonment.