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DonViejo

(60,536 posts) Wed Dec 27, 2017, 05:03 PM Dec 2017

Martin Shkreli's ex-lawyer is convicted of aiding him in fraud scheme

Source: L.A. Times

Christie Smythe
Bloomberg

A former lawyer for Martin Shkreli's companies might be heading to prison after a jury convicted him of conspiring with the former biotech executive to defraud investors.

Evan Greebel, who advised companies including Retrophin Inc., was found guilty Wednesday of helping Shkreli steal $11 million to pay back investors after the hedge-fund-manager-turned-drug-executive lost their money in risky trades. Greebel was expressionless as the verdict was read in federal court in Brooklyn, N.Y. His wife, sitting in the gallery, burst into tears.

Shkreli, who was convicted in August of defrauding investors, is being held in prison while he awaits sentencing. He was ousted from Retrophin in September 2014 and went on to found Turing Pharmaceuticals, where he incited public outrage by jacking up the price of a life-saving drug more than 5,000%. Four months later, in December 2015, he was arrested and charged with fraud.

Greebel was tried separately from Shkreli.

Read more: http://www.latimes.com/business/la-fi-martin-shkreli-lawyer-20171227-story.html

9 replies

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Martin Shkreli's ex-lawyer is convicted of aiding him in fraud scheme (Original Post) DonViejo Dec 2017 OP

Is Martin Shkreli that douchy millennial misogynist Control-Z Dec 2017 #1

Yes, he's the original Backpfeifengesicht. geardaddy Dec 2017 #2

The AIDS drug n/t TexasBushwhacker Dec 2017 #7

GOOD! BigmanPigman Dec 2017 #3

Good! Delmette2.0 Dec 2017 #4

His terrible treatment of those in need of medicine? We can apparently live with that FiveGoodMen Dec 2017 #5

Prison is prison. They got Capone for tax evasion. n/t eggplant Dec 2017 #6

I love the part where Shkreli's lawyer's wife burst into tears... GReedDiamond Dec 2017 #8

Link to the DoJ PR nitpicker Dec 2017 #9

Control-Z

(15,682 posts)

1. Is Martin Shkreli that douchy millennial misogynist

Reply to DonViejo (Original post)

Wed Dec 27, 2017, 05:34 PM

Dec 2017

who ran his mouth off on his YouTube channel? The one who raised the price on an AIDS drug? Or was it epipens?

geardaddy

(24,931 posts)

2. Yes, he's the original Backpfeifengesicht.

Reply to Control-Z (Reply #1)

Wed Dec 27, 2017, 06:08 PM

Dec 2017

TexasBushwhacker

(20,214 posts)

7. The AIDS drug n/t

Reply to Control-Z (Reply #1)

Thu Dec 28, 2017, 12:36 AM

Dec 2017

BigmanPigman

(51,627 posts)

3. GOOD!

Reply to DonViejo (Original post)

Wed Dec 27, 2017, 06:47 PM

Dec 2017

I hate that smug little fucker and everyone who aided him in ripping off the ill. He is the definition of a sociopath. I know he isn't in jail for that particular crime and a zillion others in the Big Pharm industry, the lobbyists and their GOP crooks are just as bad as he is but this feels like justice to me. Especially when I have to get 32 injections of Botox into my scalp and neck again tomorrow for my extreme daily migraines for the past 3 years (thousands of dollars out of pocket each year WITH ACA insur and this is just one of my "cheapest" medications that is necessary). I hope they rot in jail and have room mates named Bubba who like their pretty lips.