Discussion:
Sobbing Martin Shkreli Sentenced to 7 Years in Prison for Securities Fraud and Being an Asshole
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Miloch
2018-03-09 22:12:34 UTC
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more at
https://gizmodo.com/sobbing-martin-shkreli-sentenced-to-7-years-in-prison-f-1823612102

When “pharma bro” Martin Shkreli spoke with Gizmodo back in September, he told
us he wouldn’t spend a single day in prison. Turns out, he was wrong.

Shkreli was sentenced to seven years in prison today by US District Judge Kiyo
Matsumoto at a hearing in Brooklyn, with credit for time served since he was
jailed in September. Shkreli was sobbing when he told the judge that he’s “not
the same person [he] once was.” Prosecutors had asked for a 15-year sentence,
while his lawyers had asked for 12-18 months.

The judge said that Shkreli’s own emails call into question his claims of
remorse and mentioned the time that he wrote “Fuck the feds,” while also
bragging that he wouldn’t serve any real time in prison. And it wasn’t a great
sign for Shkreli when his own lawyer said in court that there were times he
wanted to punch Shkreli directly in the face.

Shkreli’s lawyers argued that he shouldn’t be sentenced harshly, “simply for
being Martin Shkreli.” Which is now an internationally recognized way of saying
that someone is being an asshole.

“I’m old enough to be his father,” Shkreli’s lawyer, Benjamin Brafman, said
before the judge issued the sentence. “There are times I want to hug and hold
him... times I want to punch him in the face for some of the things he’s said.”

Earlier this week, Shkreli was ordered to hand over $7.36 million in assets,
including the one-of-a-kind Wu-Tang record that he purchased for $2 million,
Once Upon a Time in Shaolin. Shkreli was previously found guilty on two counts
of securities fraud in August of 2017 after lying to his investors.




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super70s
2018-03-10 16:34:52 UTC
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Post by Miloch
Shkreli was sentenced to seven years in prison today by US District Judge
Kiyo Matsumoto at a hearing in Brooklyn, with credit for time served since
he was jailed in September. Shkreli was sobbing when he told the judge that
he's "not the same person [he] once was." Prosecutors had asked for a
15-year sentence, while his lawyers had asked for 12-18 months.
That little twerp had no business being in a position of executive
authority like that at such a relatively young age. If he'd been a
Silicon Valley whiz kid who struck it rich and had nothing to do with
something that impacted people's lives like the price of drugs it would
be another story.
Lee
2018-03-10 18:28:47 UTC
Permalink
Post by super70s
Post by Miloch
Shkreli was sentenced to seven years in prison today by US District
Judge Kiyo Matsumoto at a hearing in Brooklyn, with credit for time
served since he was jailed in September. Shkreli was sobbing when
he told the judge that he's "not the same person [he] once was."
Prosecutors had asked for a 15-year sentence, while his lawyers had
asked for 12-18 months.
That little twerp had no business being in a position of executive
authority like that at such a relatively young age. If he'd been a
Silicon Valley whiz kid who struck it rich and had nothing to do with
something that impacted people's lives like the price of drugs it
would be another story.
And the drug he bought and jacked
up the price on STILL remains jacked
up.

Wall street has no problem with
fraud on the consumers, but fraud
against THEM? Well, that totally
different.

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