Martin Shkreli, Based Pharmaceutical God, gets arrested and FBI is incapable of doing its job

[internalizedhomophobia]

 

Martin Shkreli, a boastful pharmaceutical executive who came under withering criticism for price gouging vital drugs, denied securities fraud charges on Thursday following an early morning arrest, and was freed on a $5 million bond.

 

While the 32-year-old has earned a rare level of infamy for his brazenness in business and his personal life, what he was charged with had nothing to do with skyrocketing drug prices. He is accused of repeatedly losing money for investors and lying to them about it, illegally taking assets from one of his companies to pay off debtors in another.

 

“Shkreli essentially ran his company like a Ponzi scheme where he used each subsequent company to pay off defrauded investors from the prior company,†Brooklyn U.S. Attorney Robert Capers said at a press conference.

 

Agents of the Federal Bureau of Investigation arrested Shkreli at his Midtown Manhattan apartment at about 6:30 a.m. and forced him to walk through a gaggle of photographers outside FBI headquarters.

 

Evan Greebel, a New York lawyer, who is alleged in the federal indictment to have helped Shkreli in his schemes, was also arrested and charged. Like Shkreli, he pleaded not guilty, and he was freed on a $1 million bond. Both men and their lawyers declined to comment after their court appearance.

 

He became famous within a certain world but entered public consciousness after he raised the price more than 55-fold for Daraprim in September from $13.50 per pill to $750. It is the preferred treatment for a parasitic condition known as toxoplasmosis, which can be deadly for unborn babies and patients with compromised immune systems including those with HIV or cancer. His company, Turing Pharmaceuticals AG, bought the drug, moved it to a closed distribution system and instantly drove the price into the stratosphere.

 

Read the full story: Bloomberg

 

 

Click here to view the Tweet

 

 

so...i wonder where his crib is...and if there is security...and if the door can be easily picked...

 

[Chad Rodwell]

with his money he'll be out in no time

[Only 1 U Need Connoisseur]

Wow that got out of hand. 

[YNRA]

its no surprise that a guy like him was involved in such shady business 

he's a real dumbass for hiking up those pill prices, that only brang attention to him and his ponzi scheme 

[North and South]

Classic FBI move. They were going to nail him for SOMETHING even if they couldn't do it for him extorting capitalist principles.

 

It must be a sad life to live when literally everyone is celebrating the fact that you've lost your respect, freedom and dignity. Unfortunately Shrekelli is an example of somebody who is open about being an asshole. So many others do this kind of disgusting shit in the background and are never brought to justice as evidenced by the shameful increase in price for generics over the last couple of years.

[DocumentaLy]

 

Martin Shkreli, a boastful pharmaceutical executive who came under withering criticism for price gouging vital drugs, denied securities fraud charges on Thursday following an early morning arrest, and was freed on a $5 million bond.

 

While the 32-year-old has earned a rare level of infamy for his brazenness in business and his personal life, what he was charged with had nothing to do with skyrocketing drug prices. He is accused of repeatedly losing money for investors and lying to them about it, illegally taking assets from one of his companies to pay off debtors in another.

 

“Shkreli essentially ran his company like a Ponzi scheme where he used each subsequent company to pay off defrauded investors from the prior company,†Brooklyn U.S. Attorney Robert Capers said at a press conference.

 

Agents of the Federal Bureau of Investigation arrested Shkreli at his Midtown Manhattan apartment at about 6:30 a.m. and forced him to walk through a gaggle of photographers outside FBI headquarters.

 

Evan Greebel, a New York lawyer, who is alleged in the federal indictment to have helped Shkreli in his schemes, was also arrested and charged. Like Shkreli, he pleaded not guilty, and he was freed on a $1 million bond. Both men and their lawyers declined to comment after their court appearance.

 

He became famous within a certain world but entered public consciousness after he raised the price more than 55-fold for Daraprim in September from $13.50 per pill to $750. It is the preferred treatment for a parasitic condition known as toxoplasmosis, which can be deadly for unborn babies and patients with compromised immune systems including those with HIV or cancer. His company, Turing Pharmaceuticals AG, bought the drug, moved it to a closed distribution system and instantly drove the price into the stratosphere.

 

Read the full story: Bloomberg

 

 

Click here to view the Tweet

 

 

so...i wonder where his crib is...and if there is security...and if the door can be easily picked...

 

 

His apartment was pretty regular for Manhattan.

[taebb]

just desserts  

[Your Juan and only]

I saw the greatest meme for this it was the Eminem song for 8Mile