Updated & Moved to new Page----Click here

 

NRI Cardiologist Accused of Tax Evasion $16 million

Maryland, October 20, 2005
Ramesh Agnihotri

NRI (non-resident Indian) Dr. Pradeep Srivastava,Cardiologist, 46, was charged in United States District Court in Greenbelt (Maryland) of tax evasion, which carries a maximum penalty of five years in prison and a $25,0000 fine.

Srivastava made more than $40 million in short-term capital gains during 1998 and 1999 by trading stocks and stock options and tax evasion amounting to more than $16 million