Health

Martin Shkreli jailed for seeking a hair from Hillary Clinton

Share
10 Things to Know for Today

A shitpost on Facebook has landed Martin Shkreli back in federal custody.

A USA judge on Wednesday ordered Martin Shkreli to be jailed while he awaits sentencing for securities fraud, citing a Facebook post in which the former drug company executive offered a $5,000 reward for a strand of Hillary Clinton's hair.

"The fact that he continues to remain unaware of the inappropriateness of his actions or words demonstrates to me that he may be creating ongoing risk to the community", said U.S. District Judge Kiyo Matsumoto, in revoking his bond. But even if the convictions stood, Shkreli has said he was likely to be sentenced to little or no jail time in a minimum security facility.

Turing Pharmaceuticals founder Shkreli came under fire in 2015 after buying the rights to 62-year-old drug Daraprim, which is used to treat conditions including AIDS-related toxoplasmosis, and jacking up the price to $750 a pill - a 5500% price.

Shkreli had been out on $5 million bail, after he was convicted of securities fraud related to a Ponzi scheme through his hedge fund.

"He doesn't have to apologize to me", she said. Prosecutors requested his $5 million bail be revoked, and after a judge agreed, Shkreli returned to federal custody in Brooklyn.

His defense attorney tried to explain to the judge that Shkreli has a non-violent past, and what he did was very stupid, but not indicative of someone who's violent.

The attorney for the convicted ex-biotech CEO argued in court papers filed Tuesday that his client's recent offer to pay a $5,000 bounty for securing a lock of Hillary Clinton's hair while she's on a book tour was merely a tasteless joke comparable to some of President Donald Trump's derisive comments - not a threat worthy of putting him behind bars.

He finally went too far with a Facebook post to his followers urging them to harass Hillary Clinton on her "What Happened" book tour. "That is a solicitation to assault in exchange for money", the judge said. He needed a strand of Hillary Clinton's hair, he told his 70,000 Facebook followers recently, and was willing to pay $US5,000 for it. "I understand now, that some may have read my comments about Mrs. Clinton as threatening, when that was never my intention when making those comments", Shkreli said in an earlier letter to the judge. Shkreli, who faces up to 20 years in prison, apologized saying that he did not expect anyone to take his online comments seriously.

It was, they noted, not the first time that Shkreli had made inflammatory posts on social media. "Do not assault anyone for any reason ever (LOLIBERALS)".

Share