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Category Archives: Martin Shkreli

Drugmaker Raises The Price Of Vitamins By 800%, Makes Shkreli Blush

Avondale, a secretive Alabama-based drugmaker, has gained unwanted national attention after the company increased the price of a bottle of vitamins to almost $300 that can be bought on the internet for $5. In the latest example of price-gouging in America’s lightly regulated pharmaceutical industry, records show Avondale inflated the price of Niacor, a prescription-only version of niacin, by “809 […]

Martin Shkreli May Need To Forfeit Wu-Tang Clan Album

The Brooklyn prosecutors who won a guity verdict against former pharmaceutical CEO Martin Shkreli over the summer are demanding the “Most Hated Man in America” forfeit $7.4 million in cash and assets as part of his punishment. In order to do this, Bloomberg says Shkreli will likely need to surrender the $5 million bail he […]

Martin Shkreli: “Prison Life Isn’t That Bad”

Martin Shkreli says prison life at the notorious “Club Fed” jail in Brooklyn isn’t all that bad. The former Turing Pharmaceuticals CEO and recently convicted felon, whose bail was revoked last month after prosecutors successfully argued that Shkreli’s Facebook post offering $5,000 for a strand of Hillary Clinton’s hair represented a credible threat of violence. […]

“He’s A Greedy Little Man” And A “Snake” – Transcripts Of Shkreli Jury Hearings Emerge

Martin Shkreli’s lawyers reportedly had to interview more than 250 prospective jurors before agreeing on 12. At the time, media reports hinted at some of the funnier reasons given by prospective jurors to get out of serving (one individual said he was biased against Shkreli because he had “disrespected the Wu Tang Clan"). Ultimately, the […]

Jury Could Have Martin Shkreli Verdict As Soon As Friday / by Tyler Durden / Jul 27, 2017 11:25 AM now that former Turing Pharmaceuticals CEO Martin Shkreli has decided not to testify in his own defense, the jury could reach a verdict as soon as Friday afternoon. Closing arguments are beginning Thursday, as Shkreli lawyer Benjamin Brafman bets that he poked enough holes in the prosecution’s case […]

Martin Shkreli Suspended From Twitter For “Harassing” Female Teen Vogue Essay Writer

While hardly considered an “alt-right” personality (despite his professed support of Donald Trump), Martin Shkreli today encountered the full fury of the Jack Dorsey social media apparatus scorned, when his Twitter account was suspended. The suspension, reported first by The Verge, is allegedly in retaliation for Shkreli’s “targeted harassment” against freelance reporter Lauren Duca. As […]

Shkreli Declares War On Congress: Moments After Pleading The Fifth, He Calls Reps “Imbeciles”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. The last guy "on the side of angels" who smirked throughout his Congressional testimony, is still in Federal prison. — Diogenes (@WallStCynic) February 4, 2016 / by Tyler Durden on 02/04/2016 10:25 While many have observed that instead of […]

Martin Shkreli, “America’s Most Hated”, “Price Gouging” Biotech Mogul Arrested For Securities Fraud, Released On $5 MM Bond

MOMENTS AGO: Martin Shkreli leaving FBI after being processed by officials in New York following his arrest. — CNBC Now (@CNBCnow) December 17, 2015 / by Tyler Durden on 12/17/2015 13:20 Update: Shkreli was released on a $5 million bond after a hearing Thursday, and had his travel restricted to parts of New York. It […]

Martin Shkreli, “Hated”, “Price Gouging” Biotech Mogul Arrested For Securities Fraud / by Tyler Durden / 12/17/2015 07:17 -0500 The “most hated man in America” just got arrested for securities fraud. SHKRELI, CEO REVILED FOR DRUG PRICE GOUGING, ARRESTED FOR FRAUD N.Y. LAWYER EVAN GREEBEL ARRESTED IN SHKRELI INVESTIGATION “Pharmaceutical entrepreneur Martin Shkreli was arrested by the FBI on Thursday,” Reuters, whose reporters apparently witnessed the arrest, […]