'Pharma Bro' Martin Shkreli Sentenced to Seven Years in Jail

Name: 'Pharma Bro' Martin Shkreli Sentenced to Seven Years in Jail
Uploaded: 2018-03-10T06:12:43+00:00
Duration: 40 s
Channel: Entertainment (now)
Description: <br /> Martin Shkreli has been sentenced to seven years in jail for defrauding investors. The ‘Pharma Bro’ had faced up to 20 years for mismanaging money at his hedge funds. Shkreli was convicted back in August 2017 of securities fraud and conspiracy. Prosecutors say the 34-year-old defrauded investors out of more than $10 million. <br />

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Martin Shkreli has been sentenced to seven years in jail for defrauding investors. The ‘Pharma Bro’ had faced up to 20 years for mismanaging money at his hedge funds. Shkreli was convicted back in August 2017 of securities fraud and conspiracy. Prosecutors say the 34-year-old defrauded investors out of more than $10 million.

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