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FBI Arrests Shkreli of the Drug Price Hike Fame

Accepted submission by Anonymous Coward at 2015-12-17 13:02:35
Business

Martin Shkreli, the head of Turing Pharamaceutical who rose to fame by jacking up 60-years old generic drug's price 5500%, is reported to be arrested by FBI for securities fraud.

http://www.bloomberg.com/features/2015-martin-shkreli-securities-fraud/ [bloomberg.com]

Shorter version from NPR:

http://www.npr.org/sections/thetwo-way/2015/12/17/460092620/reports-fbi-arrests-turing-pharmaceuticals-ceo-shkreli-on-fraud-charges [npr.org]

Goes to show you, if you are gonna be evil, try to stay below the radar.


Original Submission