“Pharma Bro” Martin Shkreli was sentenced to seven years in prison for federal fraud charges on Friday (March 9), according to The Chicago Tribune. During his sentencing, the normally smug Shkreli began to cry as he told U.S. District Judge Kiyo Matsumoto he’d made many mistakes.
“I want the people who came here today to support me to understand one thing, the only person to blame for me being here today is me,” Shkreli said. “I took down Martin Shkreli.”
He added, “I am terribly sorry I lost your trust. You deserve far better.”
Shkreli has been in prison for the last six months after being convicted of two counts of security fraud last August.
The seven-year sentence is much higher than the 18-month maximum requested by defense lawyers. He will get credit for the six months he’s already served but must also pay a $75,000 fine.
Benjamin Brafman, Shkreli’s attorney, reportedly told Matsumoto that his feelings toward his client vary. He admitted that sometimes he wants to hug Shkreli and sometimes he wants to punch him in the face. Brafman believes his client’s outspoken personality shouldn’t factor into his punishment and thought an 18-month sentence was more appropriate since the investors got their money back.
Assistant U.S. Attorney Jacquelyn Kasulis disagreed and said he deserved the seven-year sentence but not because he’s “the most hated man in America,” but because he has “no respect whatsoever” for the law.
Prosectors ended the proceedings by saying Shkreli’s display of remorse couldn’t be trusted.
“At its core, this case is about Shkreli’s deception of people who trusted him.”
Earlier this week, Shkreli learned he’d have to fork over more than $7.3 million in a brokerage account and personal assets, including the infamous Wu-Tang Clan album, Once Upon A Time In Shaolin. Shkreli plans to appeal and the judge said she won’t seize the property until that happens.[apple_news_ad type=”any”]
Shkreli has been infuriating members of the Hip Hop community since purchasing the one-of-a-kind Wu-Tang album for $2 million in 2015. He’s also leaked music from Lil Wayne’s long overdue album, Tha Carter V. Consequently, Wayne and camp threatened to sue.
But free Meek Mill, right???
what does meek have to do with this?
Ok Tina Turner
BWHAAAHAAAHAAAHAAAHAAAHAAAHAAAHAAAHAAAHAAA….cant….breathe…….HAAHAAHAAAHAAHAA..he was cryin?..HAAHAAAHAAAHAAAHAAAHAA
I told ya. Now, we can assume beef is over B.
Let’s have some sympathy for him please
So when r we gonna get the wu-tang album and the carter 5?
Fuck this rat only crying for himself hope hes the next pin cushion
A win for hip-hop. good riddance.
He didn’t do anything. #FreeMartinShkreli
True, nah n*ggas be killing me though son because you know they be they be coming with your words and shit they hear you say one word then here they come with the word trying to flip it and bounce it and shit on some bullshit not sounding right first of all and shit, you know what I’m saying?
Boom, but then you got n*ggas son on the real, you know what I’m saying?
N*ggas n*ggas n*ggas n*ggas is biting off your album cover and shit
That might actually be Ghost who wrote that. That’s exactly how he talks. I’ve met dude a few times. Spot on. Hahaha
Karma always wins in the end. Hope he humbles himself
So when are we gonna get to hear that Wu album?
Never! POTUS owns that shit now.
I JUST SEE A SLIGHTLY AUTISTIC HUSTLER WITH A LOVE FOR THE HIPHOP CULTURE TRYNNA MAKE A BUCK AND BE ON TOP OF THE FOOD CHAIN. BUT IT BACKFIRED. GET RICH OR DIE TRYIN. GOD BLESS MARTIN SHKRELI .
#FREEMARTINSHKRELI
hip hop horray!!! hoooo! hey! hooo! hey! hooo! hey!
Damn… 7 years and you didn’t shoot or stab anybody 🙁
where are the bums who were commenting before saying he didn’t do anything wrong with the scripts….???
This dude deserved to get 29yrs after raising prices on poor aids patience meds I don’t feel sorry for him
While in jail, unfortunate circumstances will befallbefall him.
GOOD RIDDANCE, DONT DROP THE SOAP
AND PROTECT YA NECK
If this guy was black you would all be screaming #FreeShkreli. Jay-z would produce a documentary about how the “white” (read: jevvish) justice system did him dirty. There would be concerts with many big names showing support for him etc. But since he’s white, we don’t head any of that he dindu n.uffin he a good boy mantra that you blacks keep repeating in unison whenever its a black guy accused / sentenced. You black people are the most racist people there is, right after the jevvs of course. thou the jevvs are mostly openly racist against only white people, rest assured they enslave all creed and color.
LOL. The anxious and tired snowflake right here. bless him.
I can’t comment on the supposed hedge fund fraud, but I do know that a lot of people hate him over the AIDS drug thing without knowing the real circumstances. He was legally obligated to raise the price as high as he did.
@GPTZ That is total BS! There is no “legal requirement” to raise a price on ANYTHING! Nice try I guess U thought it sounded smart
he dindunuffin
Hahahahaha sucka that’s what u fucking get u piece of shit. I hope u read this. Now even u can’t hear the album. U piece of garbage. Your mother should be ashamed of the garbage person you are
Throw that corn ball off the boat in the Atlantic.