Categories: ThecounT

$750 HIV Pill Exec Martin Shkreli Arrested

Martin Shkreli, the pharmaceutical executive who was skewered on social media for charging $750 per pill for a $13 HIV/cancer treatment, has been arrested by the FBI for securities fraud.

Shkreli, 32, was taken into custody early Thursday morning in Manhattan.

He was already one of the most reviled and envied men in the country for inflating the price on an HIV/cancer treatment from  $13.50 per pill to $750 per pill — and envied for buying Wu-Tang’s top secret “Once Upon a Time in Shaolin” record a few months ago. The ex-hedge fund manager has been charged for illegally taking stock from a biotech firm he started, and using it to pay off debts from other biz deals … according to Bloomberg. h/t tmz

Just this week Shkreli bragged he wanted to use his riches to bail out rapper Bobby Shmurda.

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