Enlarge / Martin Shkreli. (credit: Drew Angerer/Getty Images)
Martin Shkreli will have his federal securities fraud trial separated from that of his former counsel and co-defendant Evan Greebel, US District Judge Kiyo Matsumoto wrote in an order filed Wednesday.
Shkreli and Greebel were jointly indicted by the FBI in December of 2015 on allegations that they ran an elaborate Ponzi-like scheme to defraud investors of hedge funds that Shkreli formerly managed and siphoned $ 11 million in assets from Shkreli’s former biopharmaceutical company, Retrophin.
Since then, both Shkreli and Greebel have pled ‘not guilty’ and asked the court to have their trials separated. They have made it clear that they intend to point fingers at each other in the cases.
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