Prosecutors want to send 'Pharma Bro' Martin Shkreli to prison for 15 years
Martin Shkreli walks with lead defense attorney Benjamin Brafman after the jury issued a verdict at the U.S. District Court for the Eastern District of New York, Aug. 4, 2017.Drew Angerer / Getty Images
Breaking News Emails
Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.
They described Shkreli as a corrupt liar and “a man who has constantly chosen to put profit and the cultivation of a public image before all else, and a man who believes the ends always justify the means.”
Let our news meet your inbox. The news and stories that matters, delivered weekday mornings.
The 180-month sentence prosecutors are seeking is far more than the 12-18 months that Shkreli’s lawyer Benjamin Brafman has called for when his 34-year-old client is sentenced on Friday.
Prosecutors contend Shkreli caused anywhere from $9 million to $20 million in losses — an estimate that Judge Kiyo Matsumoto seconded last week.
Matsumoto on Monday ordered the forfeiture of some $7.36 million in Shreli’s assets, including the one-of-kind Wu-Tang Clan album “Once Upon a Time in Shaolin” that he bought at an auction for $2 million.
The former Turing Pharmaceuticals CEO has been behind bars since last September. Matsumoto ruled that he violated his bail by offering a bizarre $5,000 bounty to anyone who could snag him a hair from Hillary Clinton's head.
Shkreli’s lawyers insisted he was engaging in political satire, but Matsumoto didn’t buy it and said that the offer could be viewed as "a solicitation of an assault."