Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Martin Shkreli GUILTY! Facing 20 Years In Prison!
Posted
August 5, 2017
Views
285,854
Likes
5,137
Comments
2,043
Engagement
2.51%
August 5, 2017
285,854
5,137
2,043
2.51%
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9:11Now Playing"Pharma Bro" Martin Shkreli is heading to prison for up to 20 years! Ana Kasparian, Brett Erlich and Aida Rodriguez discuss on The Young Turks. Brought to you by An Inconvenient Sequel
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"Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in the Federal District Court in Brooklyn.
Mr. Shkreli was convicted of securities fraud in connection with his hedge fund MSMB Capital; of securities fraud in connection with another hedge fund he ran, MSMB Healthcare; and of conspiracy to commit securities fraud, related to a scheme in which he tried to secretly control a huge portion of shares of Retrophin, a drug company he started.
He faces up to 20 years on each of the first two counts, and up to five years on the final count.
The conviction, even as a mixed verdict, was a major defeat for the divisive Mr. Shkreli, who said before the trial that he was “so innocent” that the judge, jury and prosecutors would apologize to him afterward.”*
Hosts: Ana Kasparian, Aida Rodriguez, Brett Erlich
Cast: Ana Kasparian, Aida Rodriguez, Brett Erlich
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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