Martin Shkreli Arrested (Pharma Price Gouging Scumbag) SECURITIES FRAUD

Pity that the feds will keep him in a MCC Unit while waiting discovery & trial, I'd like to see that little punk hit gen-pop at Rikers Island.

K~

originally posted by: aethertek
Pity that the feds will keep him in a MCC Unit while waiting discovery & trial, I'd like to see that little punk hit gen-pop at Rikers Island.

K~

All I want for Christmas is soap on roap ~ Martin Shkreli

a reply to: DigitalVigilante420






All I want for Christmas is for Shkreli's attorneys to jack up their hourly rates once they take his case. HAHAHA

a reply to: FamCore
Where has his classic smirk gone?

a reply to: FamCore

BREAKING:

Shkreli out on $5M bond after court hearing

Why am I not surprised.

This is white collar crime. He'll go to a federal facility where white collar criminals are treated like they're on a college campus.

It's pretty pathetic how you all despise this guy for doing something companies do to consumers all the time. It's not like he's the first person to raise a drugs price, he just did it when some scumbag politicians needed something to bitch about. I would say I expect more from people on ATS but that would be dishonest.

So we're supposed to shut up just because you don't like it?

originally posted by: skoalman88
It's pretty pathetic how you all despise this guy for doing something companies do to consumers all the time. It's not like he's the first person to raise a drugs price, he just did it when some scumbag politicians needed something to bitch about. I would say I expect more from people on ATS but that would be dishonest.

Well, if it makes you feel better we despise those companies too.

Let's be clear, the guy IS a total d-bag.

But your point is CRUCIAL, IMHO.

Pharmaceutical companies do this all of the time. Plus, there are currently many drug shortages because Big Pharma doesn't feel there is enough profit in it.

So, basically, if a big mega corporation drug company does it, it gets a pass - if a hipster scum does it, no!

a reply to: JohnthePhilistine

Apparently the Bill Murray comment is related to this:

According to Twitter user Rob Wesley, who might have invented the clause, though a lot of people on Twitter are taking it to be real, it states:

‘The buying party also agrees that at any time during the stipulated 88 year period, the seller may legally plan and attempt to execute one (1) heist or caper to steal back Once Upon A Time In Shaolin, which, if successful, would return all ownership rights to the seller.’

Then comes the best bit:

‘Said heist or caper can only be undertaken by currently active members of the Wu-Tang Clan and/or actor Bill Murray, with no legal repercussions.’

Alb um deal caveat

-dex

a reply to: skoalman88

I've got no love for the big drug companies either. But I'm not aware of any instance where a legitimate company raised the price of a generic drug by 5000%.


-dex

originally posted by: Lysergic
a reply to: FamCore

I hope the Wu-Tang album gets freed!

Bill Murray should take advantage of the alleged contract clause which allows him the opportunity to steal it. While the little piece of crud is in jail it would be easy pickings. I really hope they do give him some time and he thinks a long time about what he did and how it came right back around to bite him hard. A nice early Christmas present for sure !

originally posted by: kosmicjack
Let's be clear, the guy IS a total d-bag.

But your point is CRUCIAL, IMHO.

Pharmaceutical companies do this all of the time. Plus, there are currently many drug shortages because Big Pharma doesn't feel there is enough profit in it.

So, basically, if a big mega corporation drug company does it, it gets a pass - if a hipster scum does it, no!

No, they don't get a pass on it but they also don't make a big condescending personal appearance on a bunch of Media outlets trying to convince people that it's not their greed which is behind it. They quietly just release a statement and slip into the darkness where they continue to screw everyone. Nobody likes it but there isn't much anyone can do about it either.

This guy was dumb enough to make a show out of it thinking his arrogance would be applauded and he found out that wasn't the case. He's a total douche and the more he tried to deny it the more he proved it was in fact true.

This isn't why he's in trouble though. He was being investigated already for the other stuff he was doing which was basically using one business to pay the debts of a previous one which was basically stealing from those invested in the new business. People don't like it when someone screws with their money and he obviously screwed with the wrong persons money thinking he was too bad ass to get caught. He guessed wrong. The fact that he was such a smug little sh*t all the time just means nobody feels the least bit bad about what is about to happen to him.

KaloBios Pharmaceuticals has been on my watchlist of stocks for about
the last two months due to its erractic up and downs and other
factors.

Seems the company was going out of business (not declaring
bankrupcy--just going out of business). This means that stockholders
would have been compensated with company assets if the doors
closed. This would have been a small amount for most investors
but after looking at cash on hand and assets, I put the amount
at about two dollars a share (being generous).

So when the stock fell to ninety cents a share I stared watching it
closely, thinking maybe I should invest, but I held off (also thinking
that maybe I don't know what the hell I'm doing.)

Anyway, long story short, the stock went crazy and I have been
kicking myself for not jumping in.

Beginning Fri 13 Nov, and ending on Mon 23 Nov, an investment
of ten grand (with only two trades) could have made over
ten millions dollars.

But even as I watched the stock begin to soar, I just couldnt't
buy in--because word had leaked that the reason for the
skyrocketing price was Martin Shkreli.

Trying to be ethical can be expensive...

As for Shkreli, I'm sure there are many cancer patients who are
enjoying his misfortune...a very happy schadenfreude to them.

a reply to: FamCore

Would it be bad form to wish prison ass rape for him?..I bet the boys take a real shining to him.

a reply to: rival

Anyway, long story short, the stock went crazy and I have been
kicking myself for not jumping in.

Beginning Fri 13 Nov, and ending on Mon 23 Nov, an investment
of ten grand (with only two trades) could have made over
ten millions dollars.

But even as I watched the stock begin to soar, I just couldnt't
buy in--because word had leaked that the reason for the
skyrocketing price was Martin Shkreli.

Trying to be ethical can be expensive...

Ouch! That's where I would wear out 3 sets of kneecaps kicking my own ass.


-dex

a reply to: FamCore

I think he was to eager and willing to expose the reality of Corporate America and how money exceeds all ethical decisions.

I wonder if the other better hidden and self controlled scum bags, might not have liked having that image portrayed to public and chose to shut him down? You know, don't rock the boat or ruin a good thing by bringing attention.

What a scum-bag but is he really different than the many corporate CEO and board of directors with their monopolistic practices who help encourage laws that enable this type of raping of the general public? Sounds like he brought to much attention and screwed over a few to well connected investors.

Anyhow glad this Psychopath is about to get a dose of reality he is not going to like.