NY, feds sue ‘Pharma Bro’ for ‘scheme’ to keep drug price up

NEW YORK (AP) — State and federal authorities sued imprisoned entrepreneur Martin Shkreli on Monday over tactics that shielded a profitable drug from competition after a price hike made the so-called “Pharma Bro” infamous. Shkreli was scorned as the bad-boy face of pharmaceuticals profiteering after he engineered a roughly 4,000% increase in the price of... Read More

Criminal Justice News, Drugs, News

Martin Shkreli, Pharma Bro

October 31, 2019

Court OKs conviction of pharma executive Shkreli’s ex-lawyer

NEW YORK (AP) — An appeals court in New York says the former lawyer of a notorious pharmaceutical executive was properly convicted in a financial fraud case. The 2nd U.S. Circuit Court of Appeals on Wednesday rejected Evan Greebel’s challenge to his December 2017 conviction at a Brooklyn trial. Prosecutors say Greebel helped Shkreli (SHKREL’-ee)... Read More

Criminal Justice News, Drugs, News

Martin Shkreli, Opioids

April 20, 2018

‘Pharma Bro’ moves to New Jersey _ for federal prison stay

FORT DIX, N.J. (AP) — The pharmaceutical-industry entrepreneur vilified for jacking up the price of a life-saving drug was moved Tuesday to a low-security federal prison in New Jersey. Martin Shkreli was sent from the Brooklyn Metropolitan Detention Center in New York to the Federal Correctional Institution at Fort Dix. Shkreli, who was dubbed “Pharma... Read More

Criminal Justice News, News

Martin Shkreli

March 9, 2018

‘Pharma Bro’ gets 7 years in prison in securities fraud case

NEW YORK (AP) — The smirk wiped off his face, a crying Martin Shkreli was sentenced to seven years in prison for securities fraud Friday in a hard fall for the pharmaceutical-industry bad boy vilified for jacking up the price of a lifesaving drug. Shkreli, the boyish-looking, 34-year-old entrepreneur dubbed the “Pharma Bro” for his... Read More

Criminal Justice News, Drugs, News

Martin Shkreli

March 9, 2018

‘Pharma Bro’ faces high stakes sentencing in fraud case

NEW YORK (AP) — Is “Pharma Bro” Martin Shkreli a master manipulator who conned wealthy investors or a misunderstood eccentric who used unconventional means to make those same investors even wealthier? A federal judge in Brooklyn will have to weigh the conflicting portrayals of the former pharmaceutical company CEO on Friday at his sentencing on... Read More

Criminal Justice News, Drugs, News

Martin Shkreli

March 1, 2018

‘Pharma Bro’ asks judge for leniency, saying he was a fool

NEW YORK (AP) — “Pharma Bro” Martin Shkreli admitted that he was “very far from blameless” in a letter to a judge asking for leniency, according to court filings. “I was wrong, I was a fool. I should have known better,” Shkreli wrote in his letter to Brooklyn federal court Judge Kiyo Matsumoto. “I accept... Read More

Criminal Justice News, Drugs, News

Martin Shkreli

February 23, 2018

Hearing set on if US will seize assets of ‘Pharma Bro’

NEW YORK (AP) — “Pharma Bro” Martin Shkreli is due back in court Friday for a hearing about whether he should forfeit millions of dollars in assets including a one-of-a-kind Wu-Tang Clan album as part of his conviction in a securities fraud scheme. Prosecutors are expected to argue in federal court in Brooklyn that Shkreli... Read More

Criminal Justice News, Drugs, News

Martin Shkreli

December 28, 2017

Martin Shkreli’s ex-lawyer found guilty of financial fraud

NEW YORK (AP) — A lawyer accused of helping pharmaceutical entrepreneur Martin Shkreli cover up financial fraud was convicted on Wednesday, a result a prosecutor said should send a “powerful message” through the legal profession. After an 11-week trial, Evan Greebel was convicted by a federal jury in Brooklyn of conspiring to commit securities fraud... Read More

Criminal Justice News, Finance, News

Fraud, Martin Shkreli

NY, feds sue ‘Pharma Bro’ for ‘scheme’ to keep drug price up

Court OKs conviction of pharma executive Shkreli’s ex-lawyer

‘Pharma Bro’ moves to New Jersey _ for federal prison stay

‘Pharma Bro’ gets 7 years in prison in securities fraud case

‘Pharma Bro’ faces high stakes sentencing in fraud case

‘Pharma Bro’ asks judge for leniency, saying he was a fool

Hearing set on if US will seize assets of ‘Pharma Bro’

Martin Shkreli’s ex-lawyer found guilty of financial fraud

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