undergroundnewsroom.com March 23, 2018

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 Ordered To Forfeit $7.36M In Assets, Including His Famous $2M Wu-Tang Album

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.

Judge Kiyo Matsumoto sentenced Shkreli on the convictions in NY federal court Friday afternoon. The crimes, related to stock manipulation of shares in Retrophin, one of Shkreli's companies, and ripping off hedge fund backers, could have carried a sentence of up to 20 years.

Ah, Martin Shkreli, the disgraced "Pharma Bro" who's been busy ruffling all the feathers in the past few years.

His attorney argued that he deserved 18 months or less and shouldn't be punished for being outspoken.

"I want the people who came here today to support me to understand one thing, the only person to blame for me being here today is me", he told Judge Matsumoto.

Prosecutor Jacquelyn Kasulis told Matsumoto that Shkreli's behavior was "four different fraud schemes over five years", according to Bloomberg.

"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.

Mizzou fans are really, really excited about return of Michael Porter, Jr
Cuonzo Martin said after Wednesday's shootaround that the freshman will see action for the Tigers on Thursday afternoon. In the season opener against Iowa State , he only played two minutes before leaving the game with a back injury.

Proposed alliance between BJP and Meghalaya lethal for democracy : Congress
Conrad Sangma is now a Lok Sabha member from Tura seat in Meghalaya. He also cited the names of two BJP ministers in his government. He was also the Meghalaya chief minister from 1988 to 1990.

International Women's Day: 6 Things You Need to Know
I have never had anyone in Canada or the United States wish me a Happy International Women's Day . The women in Russian Federation observed the day on the last Sunday of February.

"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.

Other News

Trending Now

Health officials report mumps at cheer competition Sharks attended
Since mumps is a virus, people can treat the symptoms as they would the flu , and it usually runs its course in two weeks. Anyone who is unsure of their children's vaccination status is encouraged by the TDSHS to contact their doctor.

Former Trump Aide May Have Lied Under Oath About Seychelles Meeting
Prince said he was introduced to Dmitriev by U.A.E. officials and spoke with the Russian for no more than 30 minutes. Mueller is investigating Russia's role and whether the Trump campaign colluded with Moscow.

Samsung Galaxy Note 9: everything we're expecting so far
Buyers who choose to get hold of the Samsung Galaxy On Max via Flipkart can get a slew of additional discounts and offers as well. Many will look at that statement and feel like smartphone makers such as Apple and Samsung have done this to themselves.

Windows 10's File Explorer Is Finally Getting Support for Tabs
However, it will be shipped with the regular Windows 10 Home, Enterprise and Pro versions instead of a standalone choice. These new privacy features/changes are already available for the insiders in Fast Ring with the latest Build 17115 .

Meghan Markle 'secretly baptised' ahead of May wedding to Prince Harry
In a sweet gesture, Meghan embraced the aspiring actress with a heartwarming hug before telling her to follow her dreams. Markle's mother Doria Ragland and father Thomas Markle were also not at the ceremony.

Chainsaw gang tries to amputate triathlete Mhlengi Gwala's legs
Triathlete Henri Schoeman broke the news of the attack on his verified Twitter account and pledged his support for Gwala. A personal message to the athlete has been shared on Facebook by Nathalie Asensi-Verdu Crawford.

Nagaland: BJP Submits latter to governor supporting Neiphiu Rio as next CM
In June 2014, all the three MLAs of the Nationalist Congress Party defected to the BJP, taking its number to four. It was, however, true that BJP was part of DAN Government in Nagaland since 2003.

Magnificen Mesut steps up to keep Wenger and Arsenal's season alive
They are flying at the moment and in their last game they won a penalty shootout against Lazio to reach the Coppa Italia final. Video: Arsenal's Second Goal Was a Thing of Beauty...

Android P Developer Preview Download Available Now
As long as you own a Google Pixel , Pixel XL, Pixel 2, or Pixel 2 XL , Google already has system images available for download. This adds to JobScheduler's ability to manage scheduled tasks and more on Doze, App Standby, and Background Limits.

Jordan's Sexiness Literally Caused A Fan To Break Something In Her Mouth
Her post quickly went viral, but Sophia told Teen Vogue she never imagined the Jordan himself would see it. And now it looks like we know Michael's thoughts on the situation - and he wants to lend a helping hand.