Pharma Bro Martin Shkreli found guilty of securities fraud
The PharmaBro is now the PharmaCon.
Martin Shkreli was just found guilty of two counts of securities fraud and one count of conspiracy to commit securities fraud.
He was found not guilty on five other counts.
Shkreli faces 20 years in prison, though he will likely be sentenced to a shorter stint.
Shkreli had been standing trial for eight total counts of securities and wire fraud stemming from his time running Retrophin, a pharmaceutical company he founded.
Shkreli was accused of repeatedly lying to investors and then scheming to pay them back using fake agreements for things like consulting services. Read more...
More about Martin Shkreli, Business, and Health
COntributer : Mashable http://ift.tt/2v6McZM
Pharma Bro Martin Shkreli found guilty of securities fraud
![Pharma Bro Martin Shkreli found guilty of securities fraud]()
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Saturday, August 05, 2017
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