Thursday, 19 April, 2018

'Pharma bro' Martin Shkreli's notoriety slows New York jury selection

Sammy Stanley | 29 June, 2017, 08:57

One called Shkreli "the face of corporate greed"; another labeled him "the most hated man in America" and a third gestured as if wringing his neck, reported the Associated Press.

Federal prosecutors alleged that for five years Shkreli lied to investors in two hedge funds and biopharmaceutical company Retrophin, all of which he founded.

Shkreli faces up to 20 years in prison if found guilty.

Further, the man said, he has several friends with H.I.V. or AIDS - people who may use Daraprim for infections - who can not afford their drugs.

The 34-year-old Shkreli was arrested last year on conspiracy and other charges unrelated to the price-gouging scandal.

And still other jurors, some with little to no knowledge of who Shkreli is, nevertheless still took issue with him.

The case is U.S. v. Shkreli, 15-cr-00637, U.S. District Court, Eastern District of New York (Brooklyn).

Trump lawyer defends his use of social media
The message apparently referred to Rosenstein, whose role leading the federal investigation has become increasingly complicated. I believe the - I take the president at his word, that I was sacked because of the Russian Federation investigation.

Shkreli gained infamy in 2015 when, as the CEO of Turing Pharmaceuticals, he raised the cost of an anti-parasite drug often prescribed to HIV/AIDS patients by 5,000 percent, from $13.50 a pill to $750.

Martin Shkreli's own criminal defense lawyer called the pharma bro's "Twitter history. just horrific" during jury selection Tuesday for his trial on charges of securities fraud.

Federal agents arrested Shkreli in December 2015, and the SEC charged him with committing "a series of frauds" between October 2009 and March 2014.

Last week, Shkreli spent hours live-streaming himself playing League of Legends, petting his cat, and casually fiddling with Microsoft Excel documents, not showing any apparent concern about the pending trial. His Twitter posts mocking a freelance journalist turned so creepy - one showed a fake photo of him canoodling with her - that his account was shut down. The defense says that Shkreli had good intentions.

Soon after she was excused for bias, another woman said, referring to Shkreli raising the price of the drug, which is used to treat pregnant women, infants, and people with HIV and AIDS, "Who does that?" "Whatever else he did wrong, he ultimately made them whole". "This may be the Government's view, but it's not ours", Brafman said in a court filing earlier this month.

In April, he offered $40,000 to a Princeton University student who solved a mathematical proof.

Prosecutors also used his boasts about some of his purchases of eccentric collectibles to undermine efforts to reduce his bail from $5 million to $2 million.

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