Pharma Bro Cries in Court

[xfire]

http://www.chicagotribune.com/business/ct-biz-martin-shkreli-sentencing-20180309-story.html

 

[seamanmonkey]

I bet quite a few people cried when he increased the prices of their *****

In reality lots of the Big Pharma execs should be jailed, some far worse than him

 

[Supafly]

Martin Shkreli must forfeit $7.36 million, turn over stake in ultra-rare Wu-Tang Clan album: Judge

Convicted fraudster Martin Shkreli was ordered to forfeit $7.36 million as part of his criminal sentence on Monday.
Shkreli must forfeit his stake in the Wu-Tang Clan album "Once Upon a Time in Shaolin" to help satisfy that order.
Shkreli gained infamy as the "pharma bro" after raising the price of the **** Daraprim by more than 5,000 percent, but was convicted of securities fraud charges unrelated to that ****.

Convicted fraudster Martin Shkreli will have to forfeit $7.36 million to the federal government as part of his upcoming criminal sentence, a judge ruled Monday.

Judge Kiyo Matsumoto said that in order to satisfy that award amount Shkreli — who was said to be completely cash-broke last year by his lawyer — must forfeit his interest in a set of "substitute" assets.

Those assets are: $5 million in cash in an E-Trade brokerage account that previously had secured his release bond; Shkreli's stake in the **** company Vyera Pharmaceuticals; the one-of-a-kind Wu-Tang Clan album "Once Upon a Time in Shaolin"; the Lil' Wayne album "The Carter V"; and a painting by Pablo Picasso.

Privately held Vyera was originally known as Turing Pharmaceuticals, which Shkreli founded in 2015. His lawyer Benjamin Brafman last June said Shkreli's share of Vyera was worth between $30 million and $50 million.

Later in 2015 Shkreli gained widespread public notoriety after Turing purchased the anti-parasite **** Daraprim — which is used to treat a parasitic condition found in some pregnant women, babies and people with HIV — and raised the price by more than 5,000 percent, from $13.50 per pill to $750 per pill.

...

https://www.cnbc.com/2018/03/05/martin-shkreli-must-forfeit-7-point-36-million-judge.html

 

[Jack Davenport]

Power companies, telecommunications companies, have to go before regulatory commissions before they can implement a price increase. The same should be the case for **** manufacturers and distributors and you wouldn’t have asshats like this gouging prices.

 

[Supafly]

Power companies, telecommunications companies, have to go before regulatory commissions before they can implement a price increase. The same should be the case for **** manufacturers and distributors and you wouldn’t have asshats like this gouging prices.

I :heart: you right now.

 

[~~whimsy~~]

So I guess he never got around to buying up all the ultra rare Magic Gathering cards?

 

[Supafly]

So I guess he never got around to buying up all the ultra rare Magic Gathering cards?

He will now get the opportunity to have a lot of not-so-magic gatherings in the cell. Maybe even get some of that "ole Black Magic" by Bubba, his new cellmate

 

[zipper_666]

He deserves it.

 

[pornobh]

serves him right

 

[~~whimsy~~]

He will now get the opportunity to have a lot of not-so-magic gatherings in the cell. Maybe even get some of that "ole Black Magic" by Bubba, his new cellmate

Or he will have to rely on his price gouged pill if he catches anything from prison loving.