Quote:
USA Today.com: as he prepares for sentencing on securities fraud and conspiracy convictions, a federal judge ruled...that Martin Shkreli must turn over his interest in so-called substitute assets to satisfy forfeiture requirements for the criminal actions that led to his Aug. 2017 conviction...
(Shkreli's) attorneys...(argued) that the financially-pressed pharmaceutical industry entrepreneur should either forfeit nothing or roughly $500,000 at most...(A) financial search found that Shkreli had "dissipated or otherwise disposed of" proceeds directly traceable to his criminal offenses...(A) declaration identified other Shkreli assets that could be used to "partially satisfy the forfeiture money judgment."
...(The judge) ruled that forfeiture of substitute assets, up to $7,360,450, "is warranted in this case"...They include:
- Once Upon A Time in Shaolin, a one-of-a-kind album by the hip-hop group Wu-Tang Clan, as well as any proceeds from the album's sale.
- The album Tha Carter V, by rapper Lil Wayne.
- A painting by famed Spanish artist Pablo Picasso.
- An Enigma Machine, one of the tech products British codebreakers used to decipher German messages during World War II.
- The $5 million in cash currently held in an E*Trade brokerage account as security for Shkreli's bail.
- All of the Shrkeli's shares and interest in Vyera Pharmaceuticals — formerly Turing Pharmaceuticals, the firm where he gained notoriety by quarterbacking a 5000% price hike for a drug used to treat AIDS sufferers and others.
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So it's all over but the actual sentencing. They
had let him out on bail, and what thanks did they get?
Quote:
USA Today: A federal judge revoked...Martin Shkreli's bail...ordering him jailed for a threat to former secretary of State Hillary Clinton.
...Shkreli's recent social media offer of $5,000 to anyone who would "grab" some of Clinton's hair for him during her current book tour represented "a solicitation of an assault in exchange for money that is not protected by the First Amendment..." (the judge) said...
"The fact that he continues to remain unaware of the...inappropriateness of his actions or words demonstrates to me that he may be creating an ongoing risk to the community..."
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It didn't occur to ANYONE on the defense team to plead insanity?