Martin Shkreli, a former pharmaceutical executive, once dubbed the most hated man in America, has been convicted for fraud over failed hedge funds. The 34-year-old was accused of misleading investors and stealing from his company to pay them back, and could face up to 20 years in prison. Shkreli became notorious for pharmaceutical price-gouging, by jacking up the price of a potentially life-saving drung by 5000%, from 13 to 750$ per tablet.
from CBC | Express Feed News http://ift.tt/2hv4xfR
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