Pharma Bro sentencing coming soon

in news •  7 years ago 

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Martin Shkreli; once the most hated man on the planet. Known for becoming very greedy and upping the price of a Cancer medication 5000% just because he could. Daphrim; a life saving medication was boosted from 13.50usd per pill to 750usd. Another pharmaceutical company soon came out with a similar drug and charged 1usd per pill just to shut down Shkreli and it worked. Accused of costing investors 10 million dollars in loses and profiting over 17 million. Shkreli now faces up to 15 years in prison for his crimes.

As you can see from this video; he has no remorse and wishes he had raised the prices higher for his stock investors. His lawyer just submitted a last minute plea asking for no longer than 1 year jail sentence and fees no higher than 500,000usd.

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