Big “Pharma Bro” Martin Shkreli convicted in federal fraud case
On Friday a federal jury found notorious “Pharma bro” Martin Shkreli guilty of three counts of securities fraud (but not on the five other criminal counts related to hedge funds investors and a drug company he founded). Shkreli remains free on $5 million bail and faces a maximum sentence of 20 years in prison. However, it’s unlikely he will do that much time given his lack of a criminal record. RELATED ARTICLE: Breaking: Shkreli, Drug Price Gouging CEO, Arrested on Securities Fraud Charges The judge did not set a sentencing date but that will happen after prosecutors and defense lawyers argue how...
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