Disgraced VC Steven Burrill heads to prison with 30-month sentence for fraud, tax evasion
An indictment on 34 counts of wire fraud, investment adviser fraud, and tax evasion has finally led to prison time for venture capitalist Steven Burrill.
Known in biopharma circles for brash talk and a lavish lifestyle — supported in part by millions looted from his own biotech fund — Burrill was first indicted last September by a federal grand jury and faced a total of 30 years in prison alongside millions in fines.
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