r/news
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u/Double-Anteater228
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Jan 14 '22
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Shkreli ordered to return $64M, is barred from drug industry
https://apnews.com/article/martin-shkreli-daraprim-profits-fb77aee9ed155f9a74204cfb13fc113054.9k Upvotes
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u/WelpSigh Jan 14 '22
i mean, he did not openly admit to securities fraud. his shit with drug price gouging raised his profile and made prosecuting him easier, but that wasn't what he got convicted for. he defrauded investors, especially large hedge funds, which is generally not OK for anyone (see: elizabeth holmes)