USA: Pharma Bro Shkreli to be sentenced March 9, forfeit $7.3 million

A former drug company executive failed in his bid to have a conviction of scheming to manipulate his company’s stock price overturned during a court hearing in Brooklyn on Friday. Martin Shkreli, who is known as Pharma Bro, made his first public appearance since he was jailed in September for putting a $5,000 bounty on Hillary Clinton’s hair in a Facebook post. Sporting a beard and smiling... Еще at times, prosecutors say he should forfeit $7.3 million in assets and the judge ordered he return to court for sentencing on federal fraud charges on March 9. Shkreli, 32, made global headlines in 2015 after the pharmaceutical company he founded, Turing Pharmaceuticals, secured the US rights to sell a reportedly life-saving medicine called Daraprim for $55 million (€49,5 million) and raised the price from $13.50 (€12.15) to $750 (€675) per pill shortly afterwards. But this criminal case is unconnected. He was convicted of trying to prop up the price of shares in Retrophin Inc.

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