Judge Revokes Martin Shkreli's Bail, Putting Him In Jail For Months


Brafman compared Shkreli to comedian Kathy Griffin, who held up a fake bloody head of President Donald Trump, and even to Trump himself, who suggested "Second Amendment people" might be able to act if Hillary Clinton were elected and got to appoint judges.

Once known as "the most hated man in America", Martin Shkreli is going back to jail.

A USA judge on Wednesday ordered Martin Shkreli to be jailed while he awaits sentencing for securities fraud, citing a Facebook post in which the former drug company executive nicknamed the "Pharma Bro" offered a $5,000 reward for a strand of Hillary Clinton's hair.

Judge Matsumoto said Shkreli is "an ongoing risk to the community". He will remain jailed until his sentencing hearing, later this fall.

In 2015, Shkreli earned the nickname "Pharma Bro" after adding more than $700 (£525) to the price of lifesaving HIV drug Daraprim overnight.

U.S. District Judge Kiyo Matsumoto said the offer made on Facebook "is a solicitation of assault".

That led a Brooklyn magistrate to announce she was reluctant to send female defendants to the jail, saying, "Some of these conditions wouldn't surprise me if we were dealing with a prison in Turkey or a Third World country". Prosecutors requested his $5 million bail be revoked, and after a judge agreed, Shkreli returned to federal custody in Brooklyn. Last week, he posted a note on Facebook offering money to anyone who could grab a hair from the former presidential candidate while she was on her book tour. "He should apologise to the government, the Secret Service and Hillary Clinton".

"He is soliciting an assault on another person in exchange for $5,000". I must confirm the sequences I have.

Matsumoto was also unsympathetic to a letter written to her by Shkreli on Tuesday, in which the 34-year-old said the Facebook post was meant as satire. Shkreli's actions in the pharmaceutical industry are no different than any of the other companies out there, and they deserve the same level of scrutiny that the media has given Martin Shkreli.

"$5,000 but the hair has to include a follicle".

This is not the first time prosecutors have complained to Matsumoto about Shkreli's conduct. He faces up to 20 years in prison. Responding to the mixed verdict, Shkreli said he was delighted by the outcome and suggested that law enforcement had made him a target in retaliation for the price hike of Dataprim and his brash "pharma bro" personality. "He doesn't know who his followers are".