Martin Shkreli Just Got Hit With 7 Years In Prison For Fraud...And Let's Never Forget How Funny His Jury Selection Was
NYDN - Pharma Bro Martin Shkreli cried like a baby before a judge sentenced him to seven years in prison for defrauding investors.
The severe prison term capped the dramatic fall of the 34-year-old biotech entrepreneur-turned-international villain who first gained infamy for jacking up the price of a life-saving drug for AIDS patients.
“This is my fault. I am not a victim here.”
Federal prosecutors had requested a sentence of at least 15 years after Shkreli was convicted of securities fraud and conspiracy.
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.
Prosecutors said he churned out lies to extract investor money and string them along. Shkreli said they were sophisticated people who knew the risks and made eye-popping profits.
The trial ended last August with jurors convicting Shkreli on three counts and acquitting him on five others.
Well, it happened. Martin Shkreli is going to prison. It’s not because he hiked up that AIDS drug like 10 million %. It’s mostly because he’s sort of just an asshole, and he also might have defrauded investors. The weird thing is, he made his investors money, but yet was still on trial for fraud. I’ve tried to read more and get clarity on this whole thing, but it’s sort of confusing and I guess you can still commit fraud even all of your investors make money off of it. Kinda lame but whatever, because the point is he’s mostly going to jail because he’s a dick…even his own lawyer doesn’t like him:
“I’m old enough to be his father…(There are) times I want to hug him and hold him, times I want to punch him in the face for some of the things he said.”
Not something you want to hear your lawyer tell the judge at your sentencing, to be quite honest.
But more importantly, let’s throw back to when they were trying to find his jurors. If I had to guess it was the funniest jury selection transcript to ever exist.
Oh wait, first, this picture of him.
Love it.
But on to the transcripts:
And of course, Juror Number 59:
I’m almost positive 60% of the reason he got jail time is because he wouldn’t let anyone else listen to the Wu-Tang album. Can’t wait til we get some great jail stories from him. I predict great things to come.