After tearfully begging for mercy, Martin Shkreli, the ‘Pharm bro’, got seven years in jail. He found religion too late as he refrained from criticizing the court and his conviction as he has in the past.
The former proud pharma crook took responsibility for his actions.
The sentence, which was less than half of what the government had asked for but more than the 18 months requested by the defense, came after Shkreli sobbed and begged a federal court in New York for “your honor’s mercy.”
He was also ordered to pay a $75,000 fine and $7.3 million in forfeiture, according to a news release from U.S. Attorney Richard Donoghue.
The prosecutor said he repeatedly lied to his investors and manipulated the stock market.
Shkreli has been behind bars since September when a judge found he broke the terms of his bail by offering social media followers money for a hair sample from then-presidential candidate Hillary Clinton.
He has been very obnoxious but six months in prison seems to have knocked some of the arrogance out of him. Those six months will go towards his 7 year sentence.
There is something wrong with this guy.