Martin Shkreli, the infamous "Pharma Bro", is headed to prison - he was sentenced today to seven years behind bars for defrauding investors. Shkreli was reportedly in tears during the sentencing hearing.
Shkreli is the guy who in 2015 jacked up the price of a life-saving AIDS drug from $13.50 a pill to $750 a pill. Unfortunately, that part wasn't illegal. But Shkreli also defrauded investors out of millions, which is why he's headed for the slammer.
Shkreli also became (in)famous for buying a one-of-a-kind Wu-Tang Clan album for $2 million. Last week, he was ordered to hand over that album and a rare Picasso painting to the federal government as part of a 7.4 million forfeiture.
'Pharma Bro' Martin Shkreli sentenced to 7 years in prison for defrauding investors https://t.co/1x4b8xP4zt— Washington Post (@washingtonpost) March 9, 2018