One of America’s favorite villains, the so-called “Pharma Bro” Martin Shkreli, who became famous after purchasing the rights to — and subsequently jacking up the price of — life-saving drugs, was sentenced in federal court on Friday.
Mr. Shkreli was unrepentant throughout the trial process as he was arraigned, underwent a lengthy hearing, and was finally convicted. He often would “troll” his detractors online, getting into Twitter arguments with various celebrities who criticized him. Shkreli also had a penchant for overtly spending his ill-gotten gains on ridiculous luxuries, such as the sole existent copy of a legendary Wu-Tang Clan album called “Once Upon A Time In Shaolin” that was never released to the public.
He was finally arrested for securities fraud because unfortunately, it’s still legal to be the world’s biggest dickhead, so authorities paid a little closer attention to what else he was doing during the time that he was immorally and unscrupulously — but legally — bilking dying patients out of their life savings.
During the hearing, he even had his bond revoked — meaning he couldn’t stay out of custody while awaiting sentencing — for offering $5,000 to anyone who could provide him a “lock of Hillary Clinton’s hair.”
Before the sentencing, Shkreli’s lawyer, Benjamin Brafman, asked the judge for leniency, although he did admit that his client made him want to “punch him in the face” at times. The defense had asked for a sentence of 12-18 months, with credit for 6 months that Shkreli had already served.
Ultimately, Pharma Bro cried as District Judge Kiyo A. Matsumoto did indeed give him credit for the 6 months — but sentenced him to a total of seven years, as well as requiring him to forfeit nearly $7.4 million in assets… Including that Wu-Tang record.
Shkreli attempted to show penitence during the sentencing, but after having seen him say during the trial, among other things, “F*CK the feds” and calling lawmakers on Capitol Hill “imbeciles,” Judge Matsumoto doubted the sincerity of his remorse.
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