News Article: Martin Shkreli sentenced to 7 years in prison for fraud

Bamaro · Mar 10, 2018

Shkreli, who gained notoriety for inflating the price of a life-saving drug, had faced up to 45 years behind bars for mismanaging money at his hedge funds, according to the judge. He'll get six months credit for time served in a Brooklyn federal jail.

He was convicted on August 5, 2017 of securities fraud and conspiracy in what prosecutors said amounted to a Ponzi scheme. Shkreli called the charges "a witch hunt of epic proportions."

During his sentencing on Friday in Brooklyn federal court, Shkreli, 34, broke into tears and pleaded with the judge for leniency as she passed him a box of tissues.
http://money.cnn.com/2018/03/09/news/martin-shkreli-sentencing/index.html

Good riddance.

Catfish · Mar 10, 2018

GrayTide · Mar 10, 2018

I liked 45 years better. Hope he finds a good husband in the pen.

TIDE-HSV · Mar 10, 2018

GrayTide said:
I liked 45 years better. Hope he finds a good husband in the pen.

One friend posted a meme to the effect that the prison commissary had raised the price of lube by 5000%...

rolltide_21 · Mar 10, 2018

He cried? For a seven year sentience of which he might serve two? He got off really easy in my book. Ugh. I know this term is over used but what a snowflake.

TIDE-HSV · Mar 10, 2018

rolltide_21 said:
He cried? For a seven year sentience of which he might serve two? He got off really easy in my book. Ugh. I know this term is over used but what a snowflake.

Federal sentence. He'll serve every day...

rolltide_21 · Mar 10, 2018

TIDE-HSV said:
Federal sentence. He'll serve every day...

Hmmm. Did not see that it was a fed sentence. My fault. Still got off too light, imo.

Sent from my iPhone using Tapatalk Pro

TIDE-HSV · Mar 10, 2018

rolltide_21 said:
Hmmm. Did not see that it was a fed sentence. My fault. Still got off too light, imo.

Sent from my iPhone using Tapatalk Pro

In view of the number of deaths he directly caused, I agree. What's irritating is that he's still worth over $200 million...

Aledinho · Mar 10, 2018

TIDE-HSV said:
Federal sentence. He'll serve every day...

Unless he gets pardoned...

TIDE-HSV · Mar 10, 2018

Aledinho said:
Unless he gets pardoned...

Hard to imagine, even with Trump. However, I guess everything has its price these days...

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News Article: Martin Shkreli sentenced to 7 years in prison for fraud

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