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FBI Arrests Pharma CEO Martin Shkreli on Securities Fraud Charges (Martin Shkreli Also Wanted To Bail Out Rapper Bobby Shmurda)

Published on Dec 17,2015
by admin
KaloBios Pharmaceuticals Inc. plummeted 50 percent in early trading after the drug company’s CEO Martin Shkreli was arrested in New York Thursday morning on securities fraud charges related to one of his prior companies. Bloomberg's Keri Geiger reports on "Bloomberg. Martin Shkreli, the pharmaceuticals C.E.O. who sledgehammered his way into public consciousness when he raised the price of a life-saving drug by 5,000 percent overnight earlier this fall, and then swung again last week when news broke that he was the mysterious buyer who spent an estimated $2 million on a Wu-Tang Clan album at auction, has struck a third time. The self-proclaimed hip-hop aficionado and aspiring mixtape dropper now wants to be the one to bail out jailed Brooklyn rapper Bobby Shmurda, according to an interview