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Judge denies Shkreli's "delusional self-aggrandizing" plea to get out of jail
A federal judge on Saturday denied Martin Shkreli's request for a "compassionate release" from prison, which was pitched as a way to protect him from contracting the new coronavirus—and to help him work on a cure for COVID-19 so he could save the rest of the world.
Lawyers for the infamous ex-pharmaceutical executive filed an emergency motion April 22 in a bid to free him from the slammer. They argued that Shkreli is at high risk of contracting the virus in the close quarters of federal prison and could possibly become severely ill or die. They also argued that he is in a unique position to work on a cure for the devastating viral illness now sweeping the globe. Shkreli himself publicly made that claim in early April via a scientific document outlining his preliminary efforts to develop an antiviral drug.
In the emergency motion, his lawyers argued that "Current conditions of confinement threaten his health and life and prevent him from doing work that would contribute to the betterment of society worldwide."
Though Shkreli is best known for ruthlessly jacking up the price of a lifesaving generic drug, he is serving an 84-month sentence following his 2017 conviction on two counts of securities fraud and one count of conspiring to commit securities fraud. The charges were in connection with an alleged Ponzi-like scheme involving two hedge funds he previously managed and his former pharmaceutical company, Retrophin. He has served 41 months of his sentence so far.
[...] [federal prosecutors] also noted that, at the time of their court filing, there were no cases of COVID-19 in staff or inmates at the facility in which Shkreli is being held, FCI Allenwood Low.
(Score: 0) by Anonymous Coward on Wednesday May 20 2020, @05:24PM
The only reason Shkreli is in prison is because he put out a bounty for Hillary Clinton's hair in exchange for 5000 USD. The clinton got offended and wanted to have him killed but his high profile as Pharma Bro saved him but he had to get the maximum sentence possible in the very dis-honorable US justice system. Anyone who thinks US justice system does justice and deserves respect is delusional or insane.
If Shkreli's only excuse to be sent to prison was securities fraud, then remember that after the 2008 financial crisis, no banker went to prison, including Lloyd Blankfein, who wrote in an email that people were buying shit from them (low quality debt that was rated AAA).
So, Shkreli's crime is allegedly threatening Clinton and also exposing the neurological disease she has.