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Such a fitting ending for such a smug and arrogant young man who tried to get rich off of a life saving medication by raising the price 5,000%
Shkreli became notorious for boasting and swaggering when he was arrested, indicted, and put on trial.
Although his arrest and trial was not for trying to gauge people for a life saving medication, karma found a way!
His swaggering smugness is gone now. He was sobbing when he heard the number of years he'd be spending in prison.
Shkreli’s notoriety grew as he ridiculed prosecutors, launched biting Twitter attacks on a female journalist and boasted about his wealth.
He was convicted last August of lying to his investors and trying to manipulate his company’s stock prices.
“Pharma Bro” Martin Shkreli cried like a baby before he was sentenced to seven years in prison for defrauding investors.
The stiff prison term capped the dramatic fall of the biotech entrepreneur-turned-international villain who gained infamy for jacking up the price of a lifesaving drug for AIDS patients.
“There is no conspiracy to take down Martin Shkreli. I took down Martin Shkreli with my disgraceful and shameful actions,” a sobbing Shkreli said Friday, his voice cracking and his address interrupted by the judge passing along a box of tissues.
“This is my fault. I am not a victim here.”Shkreli, 34, remained hunched over and expressionless when the sentence was announced. He later flashed an “OK” sign to his family after he rose from the defense table.
But his trademark swagger was gone when he shuffled out of the courtroom in his navy blue prison jumpsuit.
“For years, Shkreli told lie after lie in order to steal his investors’ money, manipulate the stock market and enrich himself,” said Brooklyn U.S. Attorney Richard Donoghue.
The Sheepshead Bay native transformed into a global pariah in September 2015, when he hiked the price of Daraprim by 5,000%, to $750 per pill.
But the case had nothing to do with Daraprim, a drug used to treat infections in people with HIV/AIDS.
It focused on how Shkreli — before becoming the “most hated man in America” — ran his hedge funds and pharmaceutical company.