Pharma Bro gets jail for stock fraud

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The trail was plagued by complexities, with a judge encountering difficulties in securing an unbiased jury. But putting someone in prison for a big chunk of his most vital years for essentially having a deeply personality is harsh.

Shkreli, 34, remained hunched over and expressionless when the sentence was announced.

Asked about AIDS patients struggling to afford their medication, he said: "On the advice of counsel, I invoke my Fifth Amendment privilege against self-incrimination, and respectfully decline your question". I was a fool.

"For years, Shkreli told lie after lie in order to steal his investors' money, manipulate the stock market and enrich himself", said US attorney Richard Donoghue. "I don't think the real me is a collage of voyeuristic and Orwellian snippets collected over the years", he said.

On top of six months of good behaviour already spent behind bars, and after charity donations he made before his arrest, the repentance helped to lower his sentence far below what the prosecution requested. In 2015, Turing acquired the manufacturing license for Daraprim, a drug that is used to treat toxoplasmosis (the "crazy cat lady" disease) as well as complications of HIV, and raised the price from $13.50 to $750 per pill.

Earlier this week, Shkreli was ordered to forfeit almost $7.4 million in assets, including the one-of-a-kind Wu Tang Clan album he purchased in 2015 for $2 million. "I am not a victim here". "I saw 9/11", according to The New York Post.

The judge insisted that the punishment was not about Shkreli's online antics or his raising the cost of the drug. "I understand how I need to change".

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Prosecutors were dismissive of Shkreli's pleas for leniency.

A federal judge in Brooklyn will have to weigh the conflicting portrayals of the former pharmaceutical company CEO on Friday at his sentencing on a securities fraud conviction.

A complicated picture of Shkreli emerged from the trial, said Matsumoto, who said the case had given her a case of insomnia.

At the sentencing, prosecutors continued this line of argument.

"I also want to make clear that Mr. Shkreli is not a child", Kasulis said.

Brafman, noting that he was old enough to be Shkreli's father, said his client had not always been easy to work with. "He can't just be an average person who fails, like the rest of us. He is a man who needs to take responsibility for his actions". "At its core, this case is about Shkreli's deception of people who trusted him", they wrote.

Speaking during the sentencing, Shkreli's prosecutor said that he "has no respect whatsoever for the law", "wants everyone to believe that he is a genius, a whiz kid" and that "cultivating that image is important to him above all else".

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