Martin Shkreli jailed: 'Pharma Bro' sentenced to seven years for fraud - News Summed Up

Martin Shkreli jailed: 'Pharma Bro' sentenced to seven years for fraud


Shkreli, convicted of securities fraud and conspiracy, sought leniency from the court after calling the trial a ‘witch-hunt’In a packed Brooklyn courthouse on Friday, Martin Shkreli, the “Pharma Bro” who rose to international notoriety after increasing the price of a lifesaving drug 50-fold, was sentenced to seven years in prison. Shkreli, 34, was convicted of two counts of securities fraud and a single count of conspiracy last August. “I took down Martin Shkreli,” he said. “He shouldn’t be sentenced simply for being Martin Shkreli,” said Brafman. “I’m not saying he made life easier being the Pharma Bro – that didn’t help his case,” said Coffee.


Source: The Guardian March 09, 2018 18:57 UTC



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