U.S. prosecutors call for at least 15-year prison sentence for Shkreli

Mar 06, 2018

U.S. prosecutors said that former drug company executive Martin Shkreli should spend at least 15 years in prison after being convicted of fraud, citing a lack of remorse and respect for the law. Shkreli is scheduled to be sentenced by U.S. District Judge Kiyo Matsumoto in Brooklyn federal court by the end of the week.

Matsumoto ordered Shkreli to forfeit $7.36 million of ill-gotten gains earlier in the week.

According to a Reuters report, prosecutors allege that Shkreli wrote “fuck the feds” and expressed hope for a big tax refund because only his “liquid money” was affected by the forfeiture in a January e-mail conversation. Prosecutors say that this proves that any public remorse Shkreli has shone is a "carefully constructed facade.”

Read the Reuters report