Pharma CEO Martin Shkreli Arrested on Charges of Securities Fraud
Shkreli, CEO Reviled for Drug Price Gouging, Arrested on Securities Fraud Charges
A boyish drug company entrepreneur, who rocketed to infamy by jacking up the priceof a life-saving pill from $13.50 to $750, was arrested by federal agents at his Manhattan home early Thursday morning on securities fraud related to a firm he founded....
...In the case that closely tracks that suit, federal prosecutors accused Shkreli of engaging in a complicated shell game after his defunct hedge fund, MSMB Capital Management, lost millions. He is alleged to have made secret payoffs and set up sham consulting arrangements. A New York lawyer, Evan Greebel, was also arrested early Thursday. He's accused of conspiring with Shkreli in part of the scheme...
Sounds like another LGBT professional take-down for daring to defy their lifestyles.. Yep. That's exactly what it is. I wonder how many niggling improprieties George Soros has engaged in with his financial affairs? We'll find out no doubt when the GOP takes the Whitehouse and rearranges certain staff inserted during this administration..
Granted, the price hike was a bit over the top. But other drugs are being priced astronomically too. Where are those take downs? I suspect if this Shkreli gets some legal help from Merck or Pfizer to be able to price drugs as they like, without having political hits done on their businesses, he'll recover from this just fine. Wonder what he'll do to the price of the HIV meds after that?