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Pharma karma catches up: Shkreli sentenced to 7 years
11 March 2018, 01:30 | Rodolfo Quinn
Pharma bro Shkreli, who weeped in court Friday, is sentenced to 7 years in prison
Martin Shkreli, the disgraced biotech entrepreneur, was sentenced on Friday to seven years in jail for fraud, concluding a saga that began when he became infamous for hiking the price of a life-saving medicine.
"He's not a teenager who just needs some mentoring", she said.
What we're seeing is a man getting sentenced to long stay in Federal Prison for being a supreme asshole who also did a dumb fraud. He also read from a letter from Shkreli's older brother, who wrote "I think Martin may be hard to understand simply because there really is no one else like him".
During the course of the trial, Shkreli was removed from Twitter for harassing a journalist for Teen Vogue magazine. The prosecutors had sought a 15 year sentence.
"Whatever adverse media attention he has brought upon himself with his online presence is ... not before me", she said.
In 2015, Turing acquired the manufacturing license for Daraprim, a drug that is used to treat toxoplasmosis (the "crazy cat lady" disease) as well as complications of HIV, and raised the price from $13.50 to $750 per pill.
Pharma Bro may technically be a man, but the public face that he has presented while gleefully jacking up prices on life saving drugs has lost him the respect of every human being with a semi-functioning brain.
Shkreli stoked his notoriety by stonewalling federal lawmakers at a hearing and later tweeting they were "imbeciles".
"He shouldn't be sentenced simply for being Martin Shkreli", defense lawyer Ben Brafman said.
His lawyer, Benjamin Brafman, argued against a lengthy sentence saying the prosecution had painted "a dark picture" of Shkreli.
In addition to serving time, Shkreli also owes money.
Some of his supporters sent letters asking Matsumoto not to lay down a harsh sentence. Still, she noted, that in a January email conversation, Shkreli allegedly wrote "f- the feds" and in other exchanges downplayed the seriousness of having to forfeit millions of dollars because of his conviction.
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