Martin Shkreli jailed: The tearful final fall of ‘the most hated man in America’
Posted On July 27, 2020
Martin Shkreli’s jailing for seven years on Friday marked the lowest ebb in a stark reversal of fortunes on a scale more reminiscent of a Euripidean tragedy than a New York courtroom.
And like all Greek tragic protagonists, the former hedge fund owner’s downfall was aided by hubris.
The former pharmaceuticals boss dubbed "Pharma Bro" was sentenced after being found guilty last year of defrauding investors in two hedge funds he ran between 2009 and 2011.
He has been ordered to pay $7.36m (£5.3m) in forfeiture, and was handed a further $75,000 fine on Friday.
"I’m not the same person I was," a tearful Shkreli said on Friday. "I know right from wrong. I know what it means to tell the truth and…
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