Subscribe to Breaking News emails

You have successfully subscribed to the Breaking News email.

Subscribe today to be the first to to know about breaking news and special reports.

Prosecutors want to send 'Pharma Bro' Martin Shkreli to prison for 15 years

by Corky Siemaszko /
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.

“Pharma Bro” is facing some serious time for his crimes.

Federal prosecutors filed papers Tuesday asking a federal court judge in Brooklyn to sentence fallen pharmaceutical honcho Martin Shkreli to 15 years behind bars for defrauding investors.

Shkreli, a snarky social media maven who got his nickname after he infamously tried to squeeze AIDS patients by jacking up the price of a life-saving drug, has not shown “genuine remorse,” prosecutors said in their sentencing recommendation.

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.”

 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

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.

Related: ‘Pharma Bro’ Martin Shkreli could forfeit $7.36 million in assets, Wu-Tang Clan album

Shkreli was convicted last summer of bilking backers of the hedge fund he ran and of fraud in connection with the manipulation of stock shares in Retrophin, which was one of his drug companies.

Brafman, who has already announced his intention to appeal the conviction, has argued that none of Shkreli’s investors lost any money and never personally benefited from his actions.

Breaking News Emails

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.

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."

Breaking News Emails

Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.
MORE FROM news

Have feedback?

How likely are you to recommend nbcnews.com to a friend or colleague?

0 = Very unlikely
10 = Very likely
Please select answer

Is your feedback about:

Please select answer

Leave your email if you’d like us to respond. (Optional)

Please enter a valid email address

Thank you!

Your feedback has been sent out. Please enjoy more of our content.

We appreciate your help making nbcnews.com a better place.