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Martin Shkreli found guilty of bonds fraud, other charges

  • August 04, 2017
  • Business

Pharmaceutical CEO Martin Shkreli has been found guilty of several though not all a charges he faced during his hearing in New York City.

The 34-year-old is scandalous for jacking adult a cost of a life-saving drug, though he was charged for separate events, including allegations that he looted his drug association to compensate behind investors in dual unsuccessful sidestep supports he ran.

Shkreli was charged with eight counts and found guilty on three — dual depends of bonds fraud, and one for swindling to dedicate bonds fraud. He was found not guilty of swindling to dedicate handle fraud, a many critical assign opposite him.

The jury deliberated for 5 days in his case.

Sentencing discipline concede for anything from 20 in jail to a financial excellent for a crimes for that he has been convicted. He was found not guilty on a many critical count he faced, that creates a extensive jail judgment unlikely.

More to come

Article source: http://www.cbc.ca/news/business/martin-shkreli-trial-verdict-1.4235844?cmp=rss

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