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Honored Contributor
Posts: 18,752
Registered: ‎03-09-2010

Pharma Bro Arrested for Securities Fraud

Said to have run his company like a Ponzi scheme.

 

 

Honored Contributor
Posts: 18,752
Registered: ‎03-09-2010

Re: Pharma Bro Arrested for Securities Fraud

"Multiple schemes through lies an deceit."

 

Prosecutor

Frequent Contributor
Posts: 141
Registered: ‎03-16-2010

Re: Pharma Bro Arrested for Securities Fraud

Couldn't have happened to a nicer guy.

Respected Contributor
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Registered: ‎03-10-2010

Re: Pharma Bro Arrested for Securities Fraud

Karma

Honored Contributor
Posts: 18,752
Registered: ‎03-09-2010

Re: Pharma Bro Arrested for Securities Fraud

Reference for the breaking news:

 

‘Pharma Bro’ Martin Shkreli arrested for securities fraud

 

https://www.washingtonpost.com/news/business/wp/2015/12/17/pharma-bro-martin-shkreli-arrested-for-se...

Respected Contributor
Posts: 2,815
Registered: ‎03-09-2010

Re: Pharma Bro Arrested for Securities Fraud

What goes around comes around!

Honored Contributor
Posts: 12,531
Registered: ‎03-09-2010

Re: Pharma Bro Arrested for Securities Fraud

I was delighted when I heard the news that this arrogant, nasty person was arrested.  I guess he shouldn't have brought such notice to himself by skyrocketing the price of a necessary drug for some people, hmmm?

 

Karma, indeed.  Really couldn't have happened to a more deserving lowlife.  Certainly made me smile!  Smiley Very Happy

"" A little learning is a dangerous thing."-Alexander Pope
Respected Contributor
Posts: 3,120
Registered: ‎04-17-2015

Re: Pharma Bro Arrested for Securities Fraud

[ Edited ]

... plus the price gouging on a life-saving drug.

 

What a poor excuse for a human being.  I hope he gets max.  I would've liked to be on that jury.

 

 

Honored Contributor
Posts: 18,752
Registered: ‎03-09-2010

Re: Pharma Bro Arrested for Securities Fraud


@SaRina wrote:

... plus the price gouging on a life-saving drug.

 

What a poor excuse for a human being.  I hope he gets max.  I would've liked to be on that jury.

 

 


*************************

 

You still have a chance to be on the jury, should there be one Smiley Happy

 

I suspect they started looking into his nasty practices soon after he manipulated the drug cost.  I assume the odds were high of finding unfair practices, and it seems they did.

 

 

Honored Contributor
Posts: 14,956
Registered: ‎03-10-2010

Re: Pharma Bro Arrested for Securities Fraud

@Noel7

 

Are you getting rain tonight?  I hope we get some!

 

ITA agree about the jerk raising the drug cost.  What a total coward, a COWARD.  He disappeared after he said he would lower cost.  Then he ran whenthe company in California said it would offer the same med for a few dollars.  The securities must have been on to him before the price jack up, but he really called attention to himself at that point

“sometimes you have to bite your upper lip and put sunglasses on”….Bob Dylan