Shkreli lied to obtain investors’ money, then didn’t tell them when he made a bad stock bet that led to massive losses, prosecutors argued. [Shkreli jailed after Facebook post about Hillary Clinton]Despite his incarceration, Shkreli has managed to keep up an online presence. In the meantime, Shkreli’s attorneys and prosecutors are still arguing over how much money he should have to forfeit after his conviction. Shkreli’s defense attorneys say he owes nothing since his investors ultimately made money and Shkreli did not intend to defraud them. “These people made a lot of money,” Brafman said of Shkreli’s investors.

Source: Washington Post February 23, 2018 19:29 UTC