Shkreli Wants Millions In Bail Back For Bills

Law360, New York (June 16, 2017, 6:33 PM EDT) -- Martin Shkreli, the devil-may-care former pharma CEO whose securities-fraud trial is set to start in less than two weeks, asked a New York federal judge on Thursday to release over half of his bail money — $3 million — for pressing legal and tax bills.

Shkreli was charged in December 2015 with running companies “like a Ponzi scheme,” prosecutors said at the time. Shkreli ran biopharmaceutical company Retrophin until 2014, and he and former Katten Muchin Rosenman LLP lawyer Evan Greebel allegedly misappropriated Retrophin's assets to pay off Shkreli's personal and...
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