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Date Posted: 10:48:03 12/17/15 Thu
Author: No name
Subject:

Karma is real: Pharma bro Martin Shkreli arrested by FBI





Martin Shkreli, the former hedge funder who gained notoriety for purchasing the rights to a drug used by AIDS patients and jacking up the price from $13.50 to $750, has been arrested.

The FBI arrested Shkreli on Thursday after an investigation into a pharmaceutical company he started, Retrophin Inc., and his former hedge fund. Shkreli allegedly used Retrophin as his "personal piggy bank" to pay off debts owed to investors in his hedge fund, according to U.S. Attorney Robert Capers.

Shkreli "essentially ran his companies like a ponzi scheme," the attorney added. He and a colleague faces charges of securities fraud and conspiracy.

If convicted he could face up to 20 years in prison.

Who said 'It can't work!!!!!'?



Picturing his smug Capitalist smirk behind bars... and lovin' it.



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