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'Pharma Bro' Martin Shkreli Found Guilty of 3 of 8 Charges, Including Securities Fraud (cnbc.com)
Former pharmaceutical chief executive Martin Shkreli has been found guilty of securities fraud. A New York City jury returned the verdict after five days of deliberations. From a report: Shkreli, 34, was convicted of some of the eight criminal counts that he had faced, which had included securities fraud and conspiracy to commit both securities fraud and wire fraud, after a more-than-month-long trial in Brooklyn, New York, federal court. Of the eight counts, Shkreli was found guilty of three. Those included conspiracy to commit securities fraud, and two counts of securities fraud. He was found not guilty of five counts, including those related to wire fraud. He faces up to 20 years in prison when he is sentenced.
He better drop that Wu-Tang before goes to prison
Don't drop the soap BRO!!
and...
Bro, do u even lift (in prison)
Couldn't have happened to a nicer guy.
People should not go to prison just because they're assholes. Luckily, he wasn't just an asshole - he did some illegal stuff as well!
I think you're on the wrong article, Betteridge-bro.
Mr. Hu is not a ninja.
Any headline that ends with a question mark by the word no.
I don't see any question mark in the summary headline or TFA.
Back in my day, fraud was only committed if the clients LOST money.
The guy ran a ponzi scheme, at points when he was claiming $100million in fund assets when he only had $1000 in the funds account. In the end he stole money from his new company's investors to pay off the fund investors he'd cheated so they wouldn't go to the cops.
I bet the jury didn't convict him on the charges because his investors were made whole by the second theft. But when you commit a crime like he did it doesn't matter if you eventually make them whole, you commit the crime when you lie and commit fraud. I don't know if the court didn't explain this well enough to the jury or what, but the man defrauded hundreds of people, then stole money from Retrophin to pay back the investors from his failed hedge fund. He's no better than Madoff and he should go to jail for YEARS and be bared from any type of job in involving managing money including a cashier at the local grocery store.
He's a dumpster fire of a human being and he broke the law and should do the time. I hope he spends a whole lot of time in a 8x10 cell all by himself.
As long as he's alive, he'll find a way.
This is the Mr. Shkreli who Daraprim from $13.50 to $750/pill. Daraprim is an antiparasitic drug, used to treat pneumonia in conjunction with HIV, toxoplasmosis (sometimes called "mad cat lady disease") and another really nasty parasitic disease.
When you do stuff like that, people look really closely at whatever else you are doing.
It also led Imprimis to make a $1/pill replacement for the drug.
Bruce Perens.
He'll be out of prison in under 5 years and go right back to do all the things that made him rich at the expense of other people... He's rich and white... and our justice system is baby soft on white collar criminals.
1: NEVER STEAL FROM RICH PEOPLE. Only steal from middle-class and below.
2. If you're still going to steal from rich people, make sure they're not white.
3. If you obey rules 1 & 2, don't be such a pulsating rectal cyst that even rich white people hate you.
[End Of Line]
Justice == punish people I don't like because I don't like them?
Way to take the moral high ground.
Apparently in spite of him being one of the most despised people in the country - people who were called for jury duty reacted negatively towards him in the jury screening process even if they didn't know who he was - they still managed to pull together an impartial jury. I'd be surprised if his attorneys don't have an appeal filed before the end of the day Monday.
Don't get me wrong, I have no pities for him whatsoever, but I would think they would base an appeal on the difficulty of finding an impartial jury. Just because he was found not guilty on 5 of 8 doesn't mean the jury wasn't biased against him. Beyond that, we all know we don't send rich white kids to prison.
Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
Reading comprehension is fundamental.
He gets 30 just for existing. Maybe for existing and having an asshole as well? Either way apparently we're all going to jail.
I hope he gets that
I heard his interview after the verdicts were announced:
https://www.washingtonpost.com...
Very proud of the return for investors. Plans to keep working on the remaining counts, this will likely end up being appealed.
I actually believe this was all a marketing campaign for him personally. The fact he's still in some form of legal jeopardy doesn't seem to phase him much.
He recognized that the costs of a necessary medicine are paid by insurance companies that gouge in other areas as well, and promoted the hell out of that fact. There's a part of me that wants to say this is some form of corporate theater, and he's auditioning for a much larger part in exploiting the financial system.
Betteridge's Law of Headlines clearly states that any headline containing a question should be answered with no.
And according to the Slashdot Law of Headlines, any headline will be claimed by some AC to be a Betteridge, even when it isn't. This tells us a lot about what ACs consider as evidence.
"But her emails!" -harrkev
I'm a good cook. I'm a fantastic eater. - Steven Brust
He just talked about it unapologetically. The other rich ass holes came after him when he wouldn't shut up about the scheme.
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He's a good boy, he didn't do anything. He was going to church and getting his life together. He was a king.
Seriously, I think he's using reductio ad absurdum to show what a ridiculous system you Americans have. :(
Soon coming to UK unfortunately
Kharma
"HA HA!"
-Nelson Muntz
Are you actually going to outline some objective points? Or continue to spew rhetoric and subjective opinions?
I don't get why this guy didn't flee the country. He would live like a king anywhere in the world other than the US and Europe. Even countries with extradition treaties, 4000 pesos or 13,000 rupees will make someone turn around and report that they have have never seen your face in the area.
Trump's biggest flaw is that he is corrupt and engages in abusive business practices.
Egotism is most noticeable flaw.
Justice == punish people I don't like because I don't like them?
They punished him for securities fraud. The fact that he's openly an asshole didn't help his case, but he still commited a serious crime for which he was convicted.
If you want news from today, you have to come back tomorrow.
I was responding to the AC.
Shkreli is being punished for breaking the law: good.
But punishing him for being "and asshole", as the AC above wanted, is bad.
The stereotype of the "big black dick" is actually pretty accurate, and there's a lot of black people in the American prison system.
If there is anything to this whole justice and karma thing, this guy will be getting his ass reamed on the regular. Since I'm not a monster, I'd like to offer him some complementary lube to help with the transition of his asshole from tight and pristine to gaping and rimless. Seriously though, if he winds up inside the US prison industrial complex and winds up getting raped in his ass and mouth by large black men, I'll chuckle sensibly, and I hope there's video.
I've been to prison. Unlike most of you I know what it is actually like.
Usually, I will say that suggesting someone deserves rape is childish.
But this Shkreli piece of shit ?
I hope he is fucked so hard by a huge black bull that he bleeds from his ass for years. I hope he learns what it is like to live in fear every second
of whatever life remains for him.I hope he dies in prison, and that the guards laugh when they hear him screaming for help and continue playing
solitaire and do nothing to help him.
You could've been one of the pregnant women who needed the drug you jacked up the price of...or one of their fetuses.
"When information is power, privacy is freedom" - Jah-Wren Ryel
This article
https://newrepublic.com/article/144103/trump-mooch-rise-new-york-douchebag
illuminates the type that Shkreli also exemplifies. The Trump regime is rife with them.
that his legal issues aren't over sharing a movie online. Then he would be in real trouble.
I say we let him off the hook if he gives us the wu-tang album.
WHAT SAY YOU??