A New York lawyer who advised pharmaceutical businessman Martin Shkreli may be heading to prison after a federal jury convicted him of helping his client to defraud shareholders to pay back previously defrauded investors. Evan Greebel, who served as outside counsel to Retrophin Inc., the biopharmaceutical company formerly run by Shkreli, was convicted Wednesday on […]
Tag: Shkreli’s
DOJ: We want Martin Shkreli’s Enigma machine, Wu-Tang album, and $7.3 million
Enlarge / Martin Shkreli outside federal court in Brooklyn, New York on Thursday, June 29, 2017. (credit: Getty | Bloomberg) Late Thursday, federal prosecutors submitted a formal notice that they plan to seek civil forfeiture of many of Martin Shkreli’s assets, including the rare Wu-Tang Clan album Once Upon a Time in Shaolin, only one of […]
Martin Shkreli’s lack of remorse could bite ‘Pharma Bro,’ experts say
Less than an hour after a jury convicted Martin Shkreli of securities fraud, the so-called “Pharma Bro” was back at his New York City apartment doing what comes naturally: trash talking in a live-stream on YouTube. CBC | Health News
Testimony: Shkreli’s plans to fleece patients is what hooked big investors
Enlarge / Martin Shkreli outside federal court in Brooklyn, New York on Thursday, June 29, 2017. (credit: Getty | Bloomberg) During Martin Shkreli’s federal trial this week for alleged securities and wire fraud, a former investor explained how she got involved with the now-infamous ex-pharmaceutical CEO and what followed. In short, she testified that she […]
‘Pharma bro’ Martin Shkreli’s trial starts today in Brooklyn, N.Y.
Martin Shkreli, the pharmaceutical entrepreneur who has been called the “pharma bro” for raising the price of a life-saving drug by 5,000 per cent, will go on trial in Brooklyn, N.Y., today for what prosecutors are calling a Ponzi-like scheme at his former hedge fund and a drug company he once ran. CBC | Health […]