Ex-Pharma CEO “Genius” Goes to Jail for Posting $5k Offer for Strand of Hillary’s Hair for DNA Sequencing
By Emily Saul. Pharma cad Martin Shkreli was decreed a “danger to society” Wednesday and jailed by a federal judge following Facebook posts in which the loudmouth said he’d cough up $5,000 per strand of Hillary Clinton’s hair. . .
“On HRC’s book tour, try and grab a hair from her,” he wrote on Sept. 4. “I must confirm the sequences I have. Will pay $5,000 per hair obtained from Hillary Clinton” . . .
Shkreli was convicted of defrauding hedge fund investors in early August, and faces up to 20 years behind bars when sentenced.
In the hours after jurors returned the mixed verdict, he announced on a Facebook livestream that prison–which he called “Club Fed”–wouldn’t be that bad. . .
”F— the government,” Shkreli wrote on Facebook after prosecutors filed a motion asking the judge to revoke his hefty bond. “I will never kiss their ring or snitch. Come at me with your hardest because I haven’t seen anything impressive yet.” (Read more from “Ex-Pharma CEO “Genius” Goes to Jail for Posting $5k Offer for Strand of Hillary’s Hair for DNA Sequencing” HERE)
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CEO Convicted of Fraud
By Emily Saul. Prosecutors in Brooklyn federal court mounted an exhaustive five-week case against the 34-year-old former drug-company CEO, accusing him of draining funds from his firm Retrophin to pay off investors of his failed hedge funds,MSMB Capital Management and MSMB Healthcare.
Shkreli — who once bragged about jacking up the price of a life-saving AIDS drug by 5,000 percent, earning him disgust around the world — faces up to 20 years behind bars when he’s sentenced. . .
In his opening statements, the top defense lawyer portrayed Shkreli as a misunderstood yet scintillating genius whose idiosyncrasies — such as wearing the occasional pair of bunny slippers and stethoscope to work — got him booted by close-minded old men. . .
While investors begrudgingly agreed with repetitive characterizations of Shkreli as a “superhuman genius,” he was likened to the Pied Piper and Dustin Hoffman’s autistic savant character in the flick “Rain Man.” They mostly focused on how Shkreli strung them along, losing their money, all the while sending them false statements asserting growth. (Read more from “CEO Convicted of Fraud” HERE)
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