Political donor pleads guilty to investment fraud scheme
A political donor and cable news commentator pleaded guilty Friday to federal criminal charges in what prosecutors described as a $30 million investment fraud scheme tied to his health-technology company.
Sreedhar Potarazu, 51, an ophthalmologist from Potomac, Maryland, was appointed to serve on the credentials committee to this year’s Democratic National Convention. He has given to Republicans and Democrats.
He was a frequent guest of Fox Business and other cable news shows, and in one appearance billed himself as a supporter of John Kasich.
His name also appears in a series of hacked emails released by WikiLeaks showing DNC officials debating whether his donations of more than $300,000 merited a seat next to President Obama at an event.
DNC staffers also express frustration in the emails about Potarazu’s persistence in seeking an audience with Mr. Obama.