‘Pharma bro’ Martin Shkreli jailed over Hillary hair post


Shkreli with his lawyerImage copyright Getty Images
Image caption Shkreli (R) has frequently clashed with critics on social media

A judge has ordered the jailing of ex-pharmaceutical chief executive Martin “Pharma Bro” Shkreli while he awaits sentencing for securities fraud.

Judge Kiyo Matsumoto said a Facebook post in which Shkreli offered $5,000 for a strand of Hillary Clinton’s hair showed he was a danger to the public.

The former CEO, 34, had been free on $5m (£4m) bail since his 2015 arrest.

Shkreli was branded “the most hated man in America” when his firm hiked the price of medication for Aids patients.

In August 2017 he was found guilty of three counts of securities fraud by a New York City jury, which cleared him on five other counts.

Shkreli was on trial in relation to a drug company he previously headed, Retrophin, and a hedge fund he managed.

‘Pharma Bro’ Martin Shkreli convicted of fraud

Who is Martin Shkreli – ‘the most hated man in America’?

Martin Shkreli’s trial shines light on US healthcare debate

On Wednesday, Judge Matsumoto ruled that Shkreli’s post on 4 September – made shortly before Mrs Clinton began a book tour – showed he posed a danger, rejecting arguments his words were protected by US free speech laws.

Shkreli – who has clashed frequently with critics on social media – had argued that the since-deleted post amounted to satire, and had been a reference to DNA sequencing.

“This is a solicitation of assault in exchange for money,” the judge said. “That is not protected by the First Amendment.”

Shkreli’s lawyer Benjamin Brafman said: “We are obviously disappointed.

“We believed that the court arrived at the wrong decision. But she’s the judge, and right now we will have to live with this decision.”

Shkreli rocketed to notoriety in 2015 – and earned the nickname “Pharma Bro” – after raising the price of a lifesaving anti-parasite drug called Daraprim by 5,000% upon acquiring rights to the medication.

View the original article: http://www.bbc.co.uk/news/world-us-canada-41262249

Overnight, the price of the drug soared from $13.50 to $750 (£570) per dose.

Image copyright AFP
Image caption Hillary Clinton has been on tour promoting her book about the 2016 election

In the same category are

Paperchase ‘sorry’ for Daily Mail offer Stationery company Paperchase has apologised for a promotional giveaway in the Daily Mail after it was criticised for working with the paper.The cha...
London loses key EU agency to Amsterdam Image copyright Getty Images Amsterdam has won a vote to host the European Medicines Agency (EMA) which will relocate from London after the UK leave...
US declares North Korea ‘sponsor of terror’ Image copyright AFP Image caption Mr Trump has reversed the decision made by former president George W Bush in 2008 President Trump has announced ...
Merkel ‘prefers new vote’ after talks fail Media playback is unsupported on your device Media captionGerman chancellor Angela Merkel on Sunday said it was a day of "deep reflection" for Germa...
Muckamore Abbey Hospital: Four staff members suspended Image caption The hospital cares for adults with an intellectual disability, behavioural or mental health problems Four staff members have been su...
What next for Robert and Grace? Image copyright AFP Image caption Robert Mugabe has led Zimbabwe for 37 years Zimbabwe's ruling Zanu-PF party is planning to support impeachment p...

Dont forget to “Like” us on Facebook


Need something to share, visit our sister site for the

‘News in the last 30 days”

in a clear concise package ….

 

If you are an artist or interested in art, visit our art website and read about todays artscene and browse some of our artist profiles

 

Comment on this story