Last week, we told you about how Martin Shkreli– aka “Pharma Bro”– was ordered to pay up. And by pay up, I mean he was ordered to hand over $7.3 million in assets, including his Wu-Tang Clan album.
It’s getting worse for the sleazebag. He’s been sentenced to 7 years in prison for defrauding investigators.
#BreakingNews: ‘Pharma Bro’ Martin Shkreli sentenced to 7 years in prison for defrauding investors. https://t.co/Q3CN2YnOGl pic.twitter.com/r2Zo649cJx
— FOX Business (@FoxBusiness) March 9, 2018
BREAKING: Self-promoting `Pharma Bro’ Martin Shkreli sentenced to seven years in prison for securities fraud.
— The Associated Press (@AP) March 9, 2018
HA!
In a tearful address to the court, Shkreli apologizes and says: "There is no conspiracy to take down Martin Shkreli. I took down Martin Shkreli, with my disgraceful and shameful actions….This is my fault. I am not a victim here."
— Rebecca D. O'Brien (@rebeccadobrien) March 9, 2018
Martin Shkreli, famous for hiking price of a lifesaving drug by 5,000%, is being sentenced today for defrauding investors. He was reportedly crying at his sentencing. pic.twitter.com/hYYziRFXsQ
— Joel Franco (@OfficialJoelF) March 9, 2018
shkreli is crying at his sentencing right now
— allie conti (@allie_conti) March 9, 2018
Let the tears flowwwwwwwwwwwww.
Former pharmaceutical executive Martin Shkreli was sentenced to seven years in prison on Friday for securities fraud. A U.S. District Court judge in Brooklyn handed down the sentence after a jury in August found him guilty of defrauding investors in his hedge funds.
In handing down her sentence, Judge Kiyo Matsumoto said she believed Shkreli to be genuinely remorseful for his crimes, but was also concerned a minimal sentence might not deter him.
Telling the judge he was in front of her due to his “gross, stupid negligent mistakes,” Shkreli’s voice broke as he tearfully apologized to those who invested in two hedge funds he oversaw, and added that he did not want to let anyone down again.
“Please give me a chance to show what I’m capable of,” Shkreli said in concluding his statement.
Prosecutors had asked for a prison term of at least 15 years, while Shkreli’s attorneys requested far less, appealing for a 12-to-18 months sentence.
Yep. I don’t feel bad for him.
America gonna need that footage of Martin Shkreli crying in court for the memes
— Marlow Stern (@MarlowNYC) March 9, 2018
Also, this happened.
oh also earlier shkreli's own lawyer mentioned wanting to punch him in the face so there's that
— allie conti (@allie_conti) March 9, 2018
His lawyer Ben Brafman said, “There are times when I want to hug him and hold him and comfort him and there are times I want to punch him in the face.”
“He’s a good person, judge,” he added. “He’s not a perfect person.”
I think a lot of people would like to punch him in the face, TBH.