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Getbig Main Boards => Gossip & Opinions => Topic started by: HTexan on December 17, 2015, 06:14:00 AM

Title: Martin Shkreli.... Haha
Post by: HTexan on December 17, 2015, 06:14:00 AM
http://www.bloomberg.com/features/2015-martin-shkreli-securities-fraud/
 ;D
Title: Re: Martin Shkreli.... Haha
Post by: El Diablo Blanco on December 17, 2015, 06:40:08 AM
You can be the biggest crook on wall st and no one cares but once you fuck with the Jews all bets are off and look what happens.  lol
Title: Re: Martin Shkreli.... Haha
Post by: calfzilla on December 17, 2015, 12:20:38 PM
Obviously the attn from the aids drug pissed off the govt so they investigated him and found these bogus charges. Dude better call Harley.
Title: Re: Martin Shkreli.... Haha
Post by: Disgusted on December 17, 2015, 12:31:17 PM
Anadrol $80 (1984)

Anadrol $2500 (2016)

They all do it.
Title: Re: Martin Shkreli.... Haha
Post by: SilverSpoon on December 17, 2015, 01:08:04 PM
No how am I going to listen to the Wu-Tang album?

Maybe this is what happens when you try to keep the Wu all to yourself.
Title: Re: Martin Shkreli.... Haha
Post by: WOOO on December 17, 2015, 03:45:02 PM
No how am I going to listen to the Wu-Tang album?

Maybe this is what happens when you try to keep the Wu all to yourself.


I think they were in on the sting. Fuckers have sold out to the po-po
Title: Re: Martin Shkreli.... Haha
Post by: TuHolmes on December 17, 2015, 03:49:16 PM
Karma is a bitch.
Title: Re: Martin Shkreli.... Haha
Post by: Vince G, CSN MFT on December 17, 2015, 04:10:59 PM
Why laugh.   He basically went through a revolving door and posted 5 million dollars as a bond like it wasn't nothing.   


Securities fraud is very hard to prove and most jurors won't know better.  Feds got their work cut out for them
Title: Re: Martin Shkreli.... Haha
Post by: HTexan on December 17, 2015, 06:20:29 PM
Why laugh.   He basically went through a revolving door and posted 5 million dollars as a bond like it wasn't nothing.   


Securities fraud is very hard to prove and most jurors won't know better.  Feds got their work cut out for them
Exactly Which is why then don't arrest you unless there is a great case, dumb ass.
Title: Re: Martin Shkreli.... Haha
Post by: tommywishbone on December 17, 2015, 06:32:27 PM
Anadrol $80 (1984)

Anadrol $2500 (2016)

They all do it.

100 tabs, 50mg per tab, Oxymethalone at Safeway = $6,300.  I checked the price last month.  $6,300.
Title: Re: Martin Shkreli.... Haha
Post by: Skeletor on December 17, 2015, 06:37:04 PM
Why laugh.   He basically went through a revolving door and posted 5 million dollars as a bond like it wasn't nothing.   


Securities fraud is very hard to prove and most jurors won't know better.  Feds got their work cut out for them

You sound quite experienced. Were you involved in similar activities?
Title: Re: Martin Shkreli.... Haha
Post by: Vince G, CSN MFT on December 17, 2015, 08:12:20 PM
Exactly Which is why then don't arrest you unless there is a great case, dumb ass.


They are getting him back for raising the price on that AIDS meds along with other products.  If they had a case, they would not have waited over 4 years.
Title: Re: Martin Shkreli.... Haha
Post by: muscularny on December 17, 2015, 11:47:14 PM

They are getting him back for raising the price on that AIDS meds along with other products.  If they had a case, they would not have waited over 4 years.
Exactly, the stupidty of some people here are is unbelievable.

 The gov knows that the jury is tainted big time given they will judge him on what they know about him hiking the cost of the pills (even if that fact is not admissible).
Title: Re: Martin Shkreli.... Haha
Post by: Kwon_2 on December 18, 2015, 03:11:29 AM
Shkreli is being charged for illegally using Retrophin assets to pay off debts after MSMB lost millions of dollars.

The indictment said Shkreli and Greebel, along with others, orchestrated three interrelated fraud schemes from September 2009 through September 2014.

It said they fraudulently induced investors to invest in two separate funds and misappropriated the assets of publicly traded Retrophine to satisfy Shkreli's personal and unrelated professional debt obligations.

Capers said Shkreli had a history of duping investors in one hedge fund to pay off debts from another, and instead of coming clean, continued with his scheme.

"He did that to conceal the lies he told, namely, that their investments were doing well and they were getting handsome returns," Capers added.

"The $65 million Retrophin wants from me would not dent me," a defiant Shkreli previously told Bloomberg Businessweek about the suit.

"I feel great. I'm licking my chops over the suits I'm going to file against them."



(http://media3.s-nbcnews.com/j/newscms/2015_51/1344216/151216-martin-shkreli-turing-mn-1110_685e2bc1850671ce6927561084202830.nbcnews-ux-2880-1000.jpg)

http://www.nbcnews.com/business/business-news/fbi-arrests-controversial-turing-pharmaceuticals-ceo-martin-shkreli-report-n481671
Title: Re: Martin Shkreli.... Haha
Post by: sync pulse on December 18, 2015, 03:45:56 AM

They are getting him back for raising the price on that AIDS meds along with other products.  If they had a case, they would not have waited over 4 years.

He has been doing fraud for half a decade...He stole from wealthy people...the companies he started have never made any money...and he hoped to stick it to health insurance companies with prescription plans...750.00 dollars a pill with the patients paying a ten dollar co-pay. 

Even if he didn't do the pill thing, he would eventually have been arrested and prosecuted.
Title: Re: Martin Shkreli.... Haha
Post by: sync pulse on December 18, 2015, 03:57:43 AM
Why laugh.   He basically went through a revolving door and posted 5 million dollars as a bond like it wasn't nothing.  


Securities fraud is very hard to prove and most jurors won't know better.  Feds got their work cut out for them

If it can be proved that all his assets were from fraud...That none of his investments made any money..."Fruit of the Poisoned Tree" I think is the legal term...
Title: Re: Martin Shkreli.... Haha
Post by: TuHolmes on December 18, 2015, 04:26:44 AM
If it can be proved that all his assets were from fraud...That none of his investments made any money..."Fruit of the Poisoned Tree" I think is the legal term...

Fruit of the Poisonius Tree, as a term, is only applicable in evidence gathering.

That said, your premise is correct. Gains from illicit means would be subject to forfeiture.
Title: Re: Martin Shkreli.... Haha
Post by: Kwon_2 on December 18, 2015, 04:51:29 AM
He can forget about that Wudang Sect-Heirloom now!

(http://daoistkungfu.com/academy/events/2013shoutu/IMG_5879.JPG)

(http://www.daoistkungfu.com/academy/image/longhua.jpg)
Title: Re: Martin Shkreli.... Haha
Post by: Red Hook on December 18, 2015, 05:02:57 AM
http://www.bloomberg.com/features/2015-martin-shkreli-securities-fraud/
 ;D

he is going to be out of jail in 3 years with 10s of millions in hidden money at his disposal.

To me this is well worth it... I watch a show called American Greed and see this of activity repeat itself.  White collar crime is a good investment

Title: Re: Martin Shkreli.... Haha
Post by: dr.chimps on December 18, 2015, 07:14:21 AM
$5 Million bond!?  Judge should have jacked that up 5,000%.
Title: Re: Martin Shkreli.... Haha
Post by: Kwon_2 on December 18, 2015, 08:06:11 AM
$5 Million bond!?  Judge should have jacked that up 5,000%.

 ;D
Title: Re: Martin Shkreli.... Haha
Post by: sync pulse on February 05, 2016, 03:52:01 AM

That said, your premise is correct. Gains from illicit means would be subject to forfeiture.

he is going to be out of jail in 3 years with 10s of millions in hidden money at his disposal.

His stock portfolio has collapsed…The prosecutor says Martin may be unable to cover his  5 million dollar bail…
Title: Re: Martin Shkreli.... Haha
Post by: FitnessFrenzy on February 05, 2016, 03:57:14 AM
Why laugh.   He basically went through a revolving door and posted 5 million dollars as a bond like it wasn't nothing.  


Securities fraud is very hard to prove and most jurors won't know better.  Feds got their work cut out for them

maybe you ought to tone down your ignorance.
He had 45 million dollars in an e-trade account. Now he has 4 million. So he can't afford to post bond like this, and to pay for other legal costs, for a long time.