Martin Shkreli jailed: 'Pharma Bro' sentenced to seven years for fraud

Martin Shkreli jailed: 'Pharma Bro' sentenced to seven years for fraudIn a packed Brooklyn courthouse on Friday, Martin Shkreli, the “Pharma Bro” who rose to international notoriety after increasing the price of a lifesaving drug 50-fold, was sentenced to seven years in prison. Shkreli, 34, was convicted of two counts of securities fraud and a single count of conspiracy last August. In court a tearful Shkreli apologized: “I did not act appropriately.” He said that the government had not brought him down.



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