Price jacking ceo arrested by fbi

[Danzig]

http://www.msnbc.com/msnbc/fbi-arres...martin-shkreli


No word on charges, but he is under investigation for a hedge fund he ran

[knickslions2]

Nice. I've talked with this dude. He was a smooth talker and very shady. Looked about 15 years old. Start up biotech company in the middle of New York City. Always wondered where he got his funding.

[jms62]

Originally Posted by knickslions2

Nice. I've talked with this dude. He was a smooth talker and very shady. Looked about 15 years old. Start up biotech company in the middle of New York City. Always wondered where he got his funding.

Uppercut to the jaw next time you see him. No one will convict you.

[Danzig]

Originally Posted by jms62

Uppercut to the jaw next time you see him. No one will convict you.

he's a slime ball.
of course, being a jackass slime ball isn't illegal....wonder what he did?


edit -arrested for securities fraud!

http://www.bloomberg.com/features/20...urities-fraud/

arrested by federal agents at his Manhattan home early Thursday morning on securities fraud related to a firm he founded.

Shkreli, 32, ignited a firestorm over drug prices in September and became a symbol of defiant greed. The federal case against him has nothing to do with pharmaceutical costs, however. Prosecutors in Brooklyn charged him with illegally taking stock from Retrophin Inc., a biotechnology firm he started in 2011, and using it to pay off debts from unrelated business dealings. He was later ousted from the company, where he’d been chief executive officer, and sued by its board.

In the case that closely tracks that suit, federal prosecutors accused Shkreli of engaging in a complicated shell game after his defunct hedge fund, MSMB Capital Management, lost millions. He is alleged to have made secret payoffs and set up sham consulting arrangements. A New York lawyer, Evan Greebel, was also arrested early Thursday. He's accused of conspiring with Shkreli in part of the scheme.

he said he traded with outside counsel 'blessings'. i bet that is the lawyer also arrested! morons

[jms62]

Originally Posted by Danzig

he's a slime ball.
of course, being a jackass slime ball isn't illegal....wonder what he did?


edit -arrested for securities fraud!

http://www.bloomberg.com/features/20...urities-fraud/

arrested by federal agents at his Manhattan home early Thursday morning on securities fraud related to a firm he founded.

Shkreli, 32, ignited a firestorm over drug prices in September and became a symbol of defiant greed. The federal case against him has nothing to do with pharmaceutical costs, however. Prosecutors in Brooklyn charged him with illegally taking stock from Retrophin Inc., a biotechnology firm he started in 2011, and using it to pay off debts from unrelated business dealings. He was later ousted from the company, where he’d been chief executive officer, and sued by its board.

In the case that closely tracks that suit, federal prosecutors accused Shkreli of engaging in a complicated shell game after his defunct hedge fund, MSMB Capital Management, lost millions. He is alleged to have made secret payoffs and set up sham consulting arrangements. A New York lawyer, Evan Greebel, was also arrested early Thursday. He's accused of conspiring with Shkreli in part of the scheme.

"Slime Ball" is an insult to "Slime Balls" everywhere.

[Danzig]

Originally Posted by jms62

"Slime Ball" is an insult to "Slime Balls" everywhere.

i had a fish tank years ago..the scum sucking bottom feeder fish was named after my brother in law.

[Benny]

http://www.vox.com/2015/12/17/104366...ed/in/10209301

Good grief, what a jerk, started out with Jim Cramer's hedge fund at 17 interning. A baby Madoff .

[Danzig]

update...
he's resigned from turing, who has named their chairman as interim ceo.

http://www.nytimes.com/2015/12/19/bu...pany.html?_r=0

note the news about the drug that he was hoping to buy and make incredibly expensive...