‘Pharma Bro’ Shkreli to be sentenced for defrauding investors 23 SHARES Share it! Share TweetBy ReutersMartin Shkreli, the former drug company executive who made headlines by jacking up the price of a lifesaving drug before he was found guilty of defrauding investors, is scheduled to be sentenced on Friday. A jury last August found Shkreli guilty of defrauding investors in two hedge funds he ran, MSMB Capital and MSMB Healthcare, by sending them fake account statements and concealing huge losses. He was also convicted of scheming to prop up the stock price of Retrophin Inc(RTRX.O), a drug company he founded in 2011. Tags: drug company, guilty of defrauding investors, Manila Bulletin, Martin Shkreli, Pharma Bro, US

Source: Manila Bulletin March 09, 2018 11:15 UTC