Pharma Bro Martin Shkreli Has Been Sentenced To Seven Years In Prison

Former Pharmaceutical Executive Martin Shkreli Set to Learn Fate Friday

Former hedge fund manager Martin Shkreli was sentenced Friday to seven years in federal prison for committing fraud.

U.S. District Judge Kiyo Matsumoto (KEE'-yoh maht-soo-MOH'-toh) is weighing Brafman's request to sentence him to 18 months, or at least 15 years as prosecutors have requested. He was convicted in August of lying to his hedge fund investors and manipulating shares of a biotech company of his.

It's a shame "Pharma Bro" Martin Shkreli's sentencing wasn't televised, because all the reporting suggests that it was a complete spectacle.

"There one person to blame for me being here today is me", a teary Shkreli told a judge during his sentencing.

"He doesn't think that he did anything wrong because he thinks he's different", said prosecutor Jacquelyn Kasulis during the sentencing.

She said it was clear he is a "tremendously gifted individual who has the capacity for kindness". He's been held in a Brooklyn jail since September after violating his bail conditions when he offered a bounty to anyone who would take a sample of Hillary Clinton's hair.

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One of the 21st century's most prominent supervillains, Martin Shkreli, might have finally seen the collapse of his dastardly schemes thanks to a recent decision by a federal judge. So while we might enjoy the schadenfreude of watching Martin Shkreli get hauled off for a long stay at Club Fed, the asshole living inside of all of us should take a moment and wonder if this is a precedent we're really comfortable with on a cosmic level.

Shkreli was also booted from Twitter early previous year for harassing journalist Lauren Duca.

Shkreli transformed into an worldwide villain in September 2015, when he hiked the price of Daraprim by 5,000 percent, to $750 per pill.

His lawyer, Benjamin Brafman, argued against a lengthy sentence saying the prosecution had painted "a dark picture" of Shkreli. I was across the street from 9/11; I've built businesses from zero to hero, many times over. A House of Representatives oversight committee also subpoenaed Shkreli in 2016 as part of an investigation into accusations of profiteering. His father, who sat on the front row of the courtroom throughout the more than four-week trial, looked at the floor as Matsumoto repeatedly testimony that he had been physically and emotionally abusive and that Shkreli has received little support from his parents. "I was a fool", he said, expressing a wish to work "for the betterment of humanity".

In February 2018, Matsumoto found that losses resulting from Shkreli's crimes tallied up to $10.4 million. Shkreli also had to give up $7.3 million he had in a brokerage account and personal assets, including his one-of-a-kind Wu-Tang Clan album.

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