'Pharma Bro' Martin Shkreli was convicted and the internet is sooo happy

'Pharma Bro' Martin Shkreli was convicted and the internet is sooo happy

'Pharma Bro' Martin Shkreli was convicted and the internet is sooo happy

When investors asked for their money back, he would avoid them.

Brafman said the amount of money Shkreli could be made to surrender would have been much higher if he had been found guilty of ripping off Retrophin, to repay swindled hedge-fund investors.

"This was a witch chase of immeasurable scope". Some investors testified against him, accusing him of covering up his activities and stonewalling them as his scheme played out, the Post said.

Prior to his arrest for securities fraud, Shkreli made headlines in August 2015 involving another company for which he served as CEO, Turing Pharmaceuticals.

A more nuanced image of Shkreli emerged during the trial.

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Shkreli's lawyer, Benjamin Brafman, raised the prospect of an appeal and said the verdict would give the court "enormous discretion" on sentencing. "Because they recognized genius", Brafman said, adding that they had signed agreements that his client wasn't liable if they lost their money. "When you deliver a verdict of guilty, God forbid, that is forever", he said. On a YouTube live stream covering various topics, including his likely stint in federal prison, the 34-year-old chose to play what he claimed was some of the unreleased Wu-Tang Clan music, according to Associated Press reporter Michelle R. Smith. He told "lies upon lies", according to Assistant U.S. Attorney Alixandra Smith, who said Shkreli claimed he had $40 million in one of his funds when he only had about $300.

Declaration uncovered an unconventional obsessive worker who invested evenings in his office in a resting pack and once in a while brushed his teeth. Mr. Shkreli emphasized the jury's finding that he did not conspire to steal from Retrophin. "You can't rob Peter to pay Paul". The case against him, however, has nothing to do with the Daraprim pricing, and the federal investigation into Shkreli's hedge fund and Retrophin work began well before that.

Shkreli soon showed up.

Shkreli's case attracted clashed responses the business group.

"Daily News is fake news. Here, the feds dismissed the basic reality that there was no casualty worth the assets squandered". At one point, he dropped in on a group of reporters in the courthouse to tell them that the prosecution was "junior varsity"-prompting the judge to order him not to speak in or around the courthouse again". He capitalized on the attention to cement his reputation as an aggressive and obnoxious user of social media, ultimately getting himself banned from Twitter for harassing a female journalist.

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