Infamous Pharma bro Martin Shkreli was sentenced to seven years in prison for defrauding his investors on Friday afternoon.
According to the Daily News, Shkreli was crying before his sentence was given out. He told the judge:
“There is no conspiracy to take down Martin Shkreli. I took down Martin Shkreli…This is my fault. I am not a victim here.”
Shkreli was found guilty last August of three counts of fraud. Federal prosecutors had suggested a sentence of 15 years, while Shkreli’s lawyers said that he should get no more than 18 months. Shkreli, who ran a hedge fund, was convicted of lying and tricking his investors.
This sentence comes just days after Shkreli was forced to forfeit about $7.36 million, including his $2 million Wu-Tang album.
From threatening Hillary Clinton to streaming Lil Wayne’s Tha Carter V album, Shkreli has been in the news a lot over the years. But he first came to infamy in 2015 when he hiked up the price of an Aids pill 5,000%, to $750 per pill.
Source: Daily News
Last week video releases from Tony Yayo, Meek Mill, PinkPantheress, and Ice Spice were on… Read More
Slick Rick, Nile Rodgers, The Supremes, Bobby McFerrin, Ma Rainey and more were given the… Read More
Funk Flex issued an apology on Instagram to legendary rap collective Wu-Tang Clan for their… Read More
Rawlsmatic, Ja’king the Divine, Call Me Ace, Taelor Gray, MidaZ The BEAST and more this… Read More
Days before the 2023 Grammys, JAY-Z spoke to Tidal's Elliott Wilson and broke down why… Read More
Quavo and Takeoff reportedly got into a scuffle at the 2023 Grammys when the latter… Read More