Martin Shkreli jailed: 'Pharma Bro' sentenced to seven years for fraud

Martin Shkreli jailed: 'Pharma Bro' sentenced to seven years for fraud
 

In a packed Brooklyn court house on Friday, Martin Shkreli, the “Pharma Bro” who rose to international notoriety after increasing the price of a lifesaving drug 50-fold, was sentenced to seven years in prison.
Shkreli, 34, was convicted of two counts of securities fraud and a single count of conspiracy last August. He had dismissed the trial as “a silly witch-hunt perpetrated by self-serving prosecutors”.
But before his sentencing, Shkreli wrote to Judge Kiyo Matsumoto asking for leniency. “I was a fool. I should have known better,” he wrote.
In court a tearful Shkreli apologized: “I did... read more

 
9 March 2018 in World News, Views: 42
Source: Guardian
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