News Worms
News Worms

American businessman Martin Shakirli was jailed for "feeling" Hillary — Financial Times

American businessman Martin Shakirli was jailed for

Martin "Pharma Bro" Shkreli, the infamous executive who hiked up the price of a life-saving HIV/AIDS drug and was later found guilty for unrelated securities fraud crime, thought he coud mostly avoid jail time.

"What is amusing about that", asked US District Judge Kiyo Matsumoto of Shkreli's post. He then overturned the bail sentence in a court in Brooklyn, New York, and was then handcuffed to jail.

The 34-year-old former hedge fund manager had gained global notoriety in 2015 when as then-CEO of Turing Pharmaceuticals, he raised the price of the life-saving drug Dataprim by 5,500 percent.

The judge's ruling ordered that Shkreli's bail be revoked, resulting in jail time for the former CEO of Turing Pharmaceuticals, who was convicted in August of defrauding investors of two hedge funds he ran, MSMB Capital and MSMB Healthcare. The judge characterized the post as a solicitation to assault another person for $5,000 and revoked Shkreli's $5 million bail. Now his defense tried to say that, look, other politicians like Donald Trump have said frightful things and they didn't have their bail revoked, and needless to say that argument didn't work. Shkreli had his bail revoked after he took to Facebook this week, posting that he would offer $5,000 to anyone able to obtain a hair from Hillary Clinton.

Matsumoto noted that one of Shkreli's 93,000 Facebook followers could have taken the post seriously, setting out on a mission to steal a piece of Clinton's hair.

He finally went too far with a Facebook post to his followers urging them to harass Hillary Clinton on her "What Happened" book tour.

Shkreli himself had written to the judge apologizing for his "poor judgment" and insisting he "never meant to cause alarm or promote any act of violence whatsoever". "In a follow-up post he attempted to clarify himself, saying, "$5,000 but the hair has to include a follicle.

Shkreli's lawyer, Benjamin Brafman, argued at the hearing that Shkreli was not violent and that the post had been "a momentary lapse in judgment". Shkreli's actions in the pharmaceutical industry are no different than any of the other companies out there, and they deserve the same level of scrutiny that the media has given Martin Shkreli.

"We believe the court arrived at the wrong decision, but she's the judge and right now we will have to live with this decision", he said.

"What's amusing about that", Matsumoto responded. "Do not assault anyone for any reason ever (LOLIBERALS)".


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