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SFGATE: Martin Shkreli gets stiff sentence in securities fraud case

Martin Shkreli gets stiff sentence in securities fraud case
Published on March 09, 2018 at 11:57PM by
NEW YORK (AP) — The Latest on the sentencing of "Pharma Bro" Martin Shkreli (all times local): 2 p.m. The self-promoting "Pharma Bro" vilified for jacking up the price of a lifesaving drug has been sentenced to prison for securities fraud. Pharmaceutical executive Martin Shkreli (SHKREL'-ee) was sentenced Friday to seven years in prison by U.S. District Judge Kiyo Matsumoto (KEE'-yoh maht-soo-MOH'-toh) after he was convicted last year of lying to investors in two failed hedge funds. Shkreli cried as he told the judge that he made many mistakes and he apologized to investors. His attorney argued that he deserved 18 months or less and shouldn't be punished for being outspoken.
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