Shkreli Gets 7 Years In Prison For Securities Fraud

Law360, New York (March 9, 2018, 2:05 PM EST) -- Notorious former pharmaceutical executive Martin Shkreli was sentenced Friday to seven years in prison on his conviction for defrauding investors in his ailing hedge funds and conspiring to game biotech Retrophin Inc.'s stock price to pay off his debts.

Martin Shkreli, seen here after being convicted of defrauding investors in two hedge funds and in Retrophin Inc. on Aug. 4, was sentenced Friday to seven years in prison by U.S. District Judge Kiyo Matsumoto. (Getty)

In handing down the term, U.S. District Judge Kiyo Matsumoto cited...
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