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Ex-lawyer of pharma executive Shkreli gets 18 months prison for fraud scheme
Source: Reuters
U.S. AUGUST 17, 2018 / 5:55 PM / A DAY AGO
Ex-lawyer of pharma executive Shkreli gets 18 months prison for fraud scheme
Brendan Pierson
3 MIN READ
NEW YORK (Reuters) - A New York lawyer was sentenced to 18 months prison on Friday for helping Martin Shkreli, currently serving a seven year prison sentence after being convicted of related charges, defraud a drug company that Shkreli had founded.
Evan Greebel, who was outside counsel to Shkreli’s former company Retrophin Inc (RTRX.O), was sentenced by U.S. District Judge Kiyo Matsumoto in Brooklyn. His lawyers had asked that he be given no jail time, while prosecutors had asked for five years.
The judge also ordered Greebel to pay about $10.4 million in restitution to Retrophin.
Matsumoto said she had considered that the sentence would be a hardship for Greebel’s three children and for his wife, who recently lost her brother. However, she said a prison sentence was necessary to punish Greebel’s “extremely serious” conduct and deter other lawyers from aiding clients in committing crimes.
-snip-
Ex-lawyer of pharma executive Shkreli gets 18 months prison for fraud scheme
Brendan Pierson
3 MIN READ
NEW YORK (Reuters) - A New York lawyer was sentenced to 18 months prison on Friday for helping Martin Shkreli, currently serving a seven year prison sentence after being convicted of related charges, defraud a drug company that Shkreli had founded.
Evan Greebel, who was outside counsel to Shkreli’s former company Retrophin Inc (RTRX.O), was sentenced by U.S. District Judge Kiyo Matsumoto in Brooklyn. His lawyers had asked that he be given no jail time, while prosecutors had asked for five years.
The judge also ordered Greebel to pay about $10.4 million in restitution to Retrophin.
Matsumoto said she had considered that the sentence would be a hardship for Greebel’s three children and for his wife, who recently lost her brother. However, she said a prison sentence was necessary to punish Greebel’s “extremely serious” conduct and deter other lawyers from aiding clients in committing crimes.
-snip-
Read more: https://www.reuters.com/article/us-usa-crime-shkreli-greebel/ex-lawyer-of-pharma-executive-shkreli-gets-18-months-prison-for-fraud-scheme-idUSKBN1L22AM
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