Martin Shkreli convicted in federal fraud case

By : Wibbitz Top Stories

Published On: 2017-08-04

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00:37

Martin Shkreli was found guilty of multiple federal charges Friday. Charges include conspiracy to commit securities fraud and two counts of securities fraud. He faces a an unspecified amount of years in prison. Charges centered around the former pharmaceutical executive's management of two hedge funds. Shkreli is best known for his belligerent personality and for hiking the price of a life-saving drug, Daraprim, while CEO of Turing Pharmaceuticals.

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