Ex-pharma exec Martin Shkreli sentenced to 7 years in prison

Martin Shkreli's long strange tale could end with a decade in prison

During the course of the trial, Shkreli was removed from Twitter for harassing a journalist for Teen Vogue magazine.

Shkreli came to unrelated notoriety in 2015 after his company, Turing Pharmaceuticals, hiked the price of HIV medication Daraprim from $13.50 to $750 per tablet.

"Mr. Shkreli is about to turn 35 years old", she said "He is a man who needs to take responsibility for his actions".

In the end, Matsumoto sentenced Shkreli to seven years in prison for securities fraud.

Things abruptly changed, though, last fall after he jokingly offered his online followers a 5,000 dollar bounty to anyone who could get a lock of Hillary Clinton's hair. He bought that fabled album for $2 million back in 2015, to nearly universal jeers from the general public, as well as from members of the Wu-Tang Clan themselves.

In addition to his seven-year sentence, Matsumoto has already ordered Shreli to forfeit more than $7 million, including his $5 million bond, and potentially, the only known copy of the Wu-Tang Clan's "Once Upon a Time in Shaolin" and a Picasso painting. He had dismissed the trial as "a silly witch-hunt perpetrated by self-serving prosecutors".

According to Gizmodo, his defense team argued that their client shouldn't receive the 20 years the prosecution recommended "simply for being Martin Shkreli", which sounds damning in its own right.

His lawyers said he was a misunderstood eccentric who used unconventional means to make those same investors even wealthier, and deserved 18 months or less in prison. Outside the court after the sentence, he added: "Could it have been worse?"

"He victimises people without thinking about it".

"Although he has been convicted of fraud, serious crimes, and he acted for pecuniary gain, he's also a personally generous, giving and kind individual", she said. "Society needs to be protected".

The judge in the case said Shkreli will receive credit for time served since September, when his bail was revoked, Bloomberg reported. But the spectre of prison was never far from his mind. I was across the street from 9/11; I've built businesses from zero to hero, many times over.

He described the time he's spent in jail as a "heartbreaking experience". "If you look at my life on a daily basis, it's not very different from a prison-like condition, although I'm going to miss my computer".

Some prospective jurors were excused for calling Shkreli a "snake" and "the face of corporate greed in America". "The hardest part is seeing the sad world around you".

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