Page 2 of Shkreli, CEO Reviled for Drug Price Gouging, Arrested on Securities Fraud Charges Martin Shkreli, the boyish drug company entrepreneur, who rocketed to... 21 comments | 965 Views | Go to page 1 →
Dec 18, 15, 01:47 PM #16The FBI did not have a seizure warrant, so sorry folks... our collective dream of hearing "Once Upon a Time in Shaolin" via a Freedom of Information Act request is dead.Advertisement
Dec 18, 15, 03:58 PM #17
Dec 18, 15, 04:02 PM #18
When people prey on the weak, I have no issues with a person being punished. I'm not for the death penalty but I am all for serving deserved time when the person is flaunting their crime.
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Aug 4, 17, 02:06 PM #19They convicted him. Thank goodness....not like there was much in doubt there, though.
'Pharma Bro' Shkreli is convicted at securities fraud trial
NEW YORK (AP) — Martin Shkreli, the eccentric former pharmaceutical CEO notorious for a price-gouging scandal and for his snide "Pharma Bro" persona on social media, was convicted Friday on federal charges he deceived investors in a pair of failed hedge funds.
A Brooklyn jury deliberated five days before finding Shkreli guilty on three of eight counts. He had been charged with securities fraud, conspiracy to commit securities fraud and conspiracy to commit wire fraud.
Prosecutors had accused Shkreli of repeatedly misleading investors about what he was doing with their money. Mostly, he was blowing it with horrible stock picks, forcing him to cook up a scheme to recover millions in losses, they said.
Shkreli, 34, told "lies upon lies," including claiming he had $40 million in one of his funds at a time when it only had about $300 in the bank, Assistant U.S. Attorney Alixandra Smith said in closing arguments. The trial "has exposed Martin Shkreli for who he really is — a con man who stole millions," added another prosecutor, Jacquelyn Kasulis.
Last edited by Colonels_Wear_Blue; Mar 13, 18 at 11:19 AM.
Aug 4, 17, 04:47 PM #20
Aug 4, 17, 04:54 PM #21
This guy is a scum bag. Karma is coming.
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Mar 13, 18, 11:16 AM #22Dude cried at his sentencing on Friday. 7 years.