The Supreme Court denied 'Pharma Bro' Martin Shkreli's appeal request over his 2017 fraud conviction, effectively upholding his seven-year prison sentence
Washington The Supreme Court on Monday denied"Pharma Bro" Martin Shkreli's appeal request over his 2017 fraud conviction, effectively upholding his seven-year prison sentence.
The former pharmaceutical executive was convicted of securities fraud and conspiracy in 2017 for defrauding investors out of more than $10 million between 2009 and 2014 in what prosecutors called a Ponzi scheme. In 2018, he was sentenced to seven years in federal prison and was ordered to forfeit nearly $7.4 million in assets along with a $75,000 fine.
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