Friday, August 04, 2017
Shkreli Goes Down
One of the universally most-hated men in America, Martin Shkreli, has been convicted of three out of eight charges.
Shkreli, 34, was convicted of some of the eight criminal counts that he had faced, which had included securities fraud and conspiracy to commit both securities fraud and wire fraud, after a more-than-month-long trial in Brooklyn, New York, federal court.
Of the eight counts, Shkreli was found guilty of three. Those included conspiracy to commit securities fraud, and two counts of securities fraud. He was found not guilty of five counts, including those related to wire fraud.
He faces up to 20 years in prison when he is sentenced.