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Old 12-17-2015, 11:10 AM
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jms62 jms62 is offline
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Join Date: Mar 2007
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Quote:
Originally Posted by Danzig View Post

he's a slime ball.
of course, being a jackass slime ball isn't illegal....wonder what he did?


edit -arrested for securities fraud!

http://www.bloomberg.com/features/20...urities-fraud/

arrested by federal agents at his Manhattan home early Thursday morning on securities fraud related to a firm he founded.

Shkreli, 32, ignited a firestorm over drug prices in September and became a symbol of defiant greed. The federal case against him has nothing to do with pharmaceutical costs, however. Prosecutors in Brooklyn charged him with illegally taking stock from Retrophin Inc., a biotechnology firm he started in 2011, and using it to pay off debts from unrelated business dealings. He was later ousted from the company, where he’d been chief executive officer, and sued by its board.

In the case that closely tracks that suit, federal prosecutors accused Shkreli of engaging in a complicated shell game after his defunct hedge fund, MSMB Capital Management, lost millions. He is alleged to have made secret payoffs and set up sham consulting arrangements. A New York lawyer, Evan Greebel, was also arrested early Thursday. He's accused of conspiring with Shkreli in part of the scheme.
"Slime Ball" is an insult to "Slime Balls" everywhere.
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