Posted on 03/09/2018 11:15:26 AM PST by bananaman22
Martin Shkreli isn’t challenging the government any longer. The ‘Pharma Bro’ fraudster convicted of misleading investors to the tune of $10.4 million—has just been sentenced to 7 years in prison.
Journalists in the courtroom, reporting on Twitter, said the judge thought Shkreli was truly remorseful now, but that a minimal sentence would not serve to deter him from future fraud.
Prosecutors had been seeking a 15-year prison sentence.
Not long ago, he put a bounty on Hillary Clinton’s hair. Two weeks ago, he was still arrogant and challenging the government, crying ‘conspiracy’. Last week, he started begging for mercy. Today, he was crying in the courtroom.
(Excerpt) Read more at safehaven.com ...
“Watch out for your cornhole, Bud.”
Bye bye scumbag. Hopefully, he’ll have company in the form of Bernie Sanders’s crooked wife.
What did he exactly do that was illegal? This article is crap.
Soros is a million times worse...
guy was a punk and I don’t actually care....
Soros should be dancing the Tyburn Jig. I’d invite anyone who doesn’t undertand the term to dogpile, google or bing it.
Thanks for sharing - never heard the term until today...
https://memebee.com/vancouver/viewtopic.php?t=47054
The Tyburn Tree executions.
Tyburn was a village in the county of Middlesex close to the current location of Marble Arch in present-day London. It took its name from the Tyburn or Teo Bourne ‘boundary stream’, a tributary of the River Thames. For many centuries, the name was synonymous with capital punishment, its having been the principal place for execution of London criminals and convicted traitors, including many religious martyrs.
The first recorded execution took place at a site next to the stream in 1196. William Fitz Osbern, the populist leader of the poor of London, was cornered in the church of St Mary le Bow. He was dragged naked behind a horse to Tyburn, where he was hanged.
In 1571, the Tyburn Tree was erected near the modern Marble Arch. The “Tree” or “Triple Tree” was a novel form of gallows, comprising a horizontal wooden triangle supported by three legs (an arrangement known as a “three-legged mare” or “three-legged stool”). Several felons could thus be hanged at once, and so the gallows were used for mass executions...
Among the more notable individuals suspended from the “Tree” in the following centuries were John Bradshaw, Henry Ireton and Oliver Cromwell, who were already dead but were disinterred and hanged at Tyburn in January 1661 on the orders of the Cavalier Parliament in an act of posthumous revenge for their part in the beheading of King Charles I.
The executions were public spectacles and proved extremely popular, attracting crowds of thousands. The enterprising villagers of Tyburn erected large spectator stands so that as many as possible could see the hangings (for a fee). On one occasion, the stands collapsed, reportedly killing and injuring hundreds of people. This did not prove a deterrent, however, and the executions continued to be treated as public holidays, with London apprentices being given the day off for them.
On 19 April 1779, clergyman James Hackman was hanged there following his 7 April murder of courtesan and socialite Martha Ray, his former lover, and the mistress of John Montagu, 4th Earl of Sandwich.
The Tyburn gallows were last used on 3 November 1783, when John Austin, a highwayman, was hanged. The site of the gallows is now marked by three brass triangles mounted on the pavement on an island in the middle of Edgware Road at its junction with Bayswater Road.
Maybe this is part of the reason some of my generic meds are no charge now.
Proverbs 16:18....for those who don’t know:
18 Pride comes before being destroyed and a proud spirit comes before a fall. _New Life Version (NLV)
Never heard of the guy in my life.
Securities fraud. He attracted and defrauded investors for his hedge fund using lies and phony financial statements. Think Bernie Madoff on a smaller scale.
I had to look it up on other sites to find it out.
Regardless, no tears deserve to be shed over this guy going to jail for seven years.
Can you just imagine what he's going to do when he stands before God Almighty and is called into account for his crimes?
There are going to be a lot of people who lose their arrogance when they realize there is no out for them and justice is going to be done.
Crying because he got punished is not the same are remorse for wrong doing.
In September 2015, Shkreli received widespread criticism when Turing obtained the manufacturing license for the antiparasitic drug Daraprim and raised its price by a factor of 56 (from US$13.5 to US$750 per pill), leading him to be referred to as “the most hated man in America” and “Pharma Bro”.
Shkreli founded Retrophin (a portmanteau of “recombinant dystrophin”) in 2011 under the MSMB umbrella, and ran it as a portfolio company with an emphasis on biotechnology, to create treatments for rare diseases.
Retrophin’s board decided to replace Shkreli in September 2014, and he resigned from the company the following month. He was replaced by Stephen Aselage. During Shkreli’s tenure as CEO, the company’s employees used alias Twitter accounts to make gangster rap jokes and encourage short selling of other biotech stocks.
After Shkreli’s departure, Retrophin filed a US$65 million lawsuit against him in August 2015, claiming that he had breached his duty of loyalty to the biopharmaceutical company in a long-running dispute over his use of company funds and “committed stock-trading irregularities and other violations of securities rules”.[51] The lawsuit alleged that Shkreli had threatened and harassed a former MSMB employee and his family.
Shkreli and some of his business associates have been under criminal investigation by the U.S. Attorney for the Eastern District of New York since January 2015. Shkreli invoked his Fifth Amendment right against self-incrimination in order to avoid testifying during civil depositions.
That should wipe the smirk off his face.
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