Martin Shkreli, the pharmaceutical executive who bought the rights to cheap anti-parasitic drug Daraprim and increased the price more than 5000%, has proven there is a god.
According to CNBC, he’s now facing years in prison after being convicted on three securities fraud charges: two counts of securities fraud and one count of conspiracy to commit securities fraud.
Prosecutors claimed he misled investors of two hedge funds he ran. Shkreli reportedly misused funds from one of his drug companies, Retrophin, to pay off the investors.
As Shkreli is wont to do, he took to social media yesterday to offer his two cents on the ruling:
“I’m delighted with the outcome of the insane witch hunt against me,” he wrote. “The government concocted a fantasy world of eight criminal counts connecting nonexistent dots into an elaborate conspiracy encompassing a dozen people. The jury soundly rejected this idiocy, leaving only 3 vacuous charges which ‘stuck’.
“I am proud of my legal team for all of the hard work which resulted in an acquittal on the serious, ‘loss-carrying’ charges. A simple reading of the USSG suggests a sentence of “0 to 6 months”.”
Following the conviction, Shkreli posted a video to his YouTube account, Best of Martin Shkreli, which appears to be an interview about the case.