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U.S. prosecutors could take Shkreli's Wu Tang Clan album, Picasso
Source: Reuters
#U.S. DECEMBER 1, 2017 / 10:11 AM / UPDATED 13 HOURS AGO
U.S. prosecutors could take Shkreli's Wu Tang Clan album, Picasso
Reuters Staff
2 MIN READ
(Reuters) - Martin Shkreli, dubbed the “pharma bro” for exploits such as jacking up the price of a life-saving drug by 5,000 percent, should forfeit $7.4 million, including his Wu Tang Clan album and a Picasso painting, U.S. prosecutors said on Friday.
The court should hold Shkreli financially accountable for his criminal conduct by requiring him to forfeit the amounts above, according to filings.
Prosecutors listed out assets that they can possibly take from Shkreli, also including his stake in Turing Pharmaceuticals and an Enigma machine, which was used in World War II as a code breaker.
Shkreli had bragged about buying the only copy of New York-based Wu Tang Clan’s “Once Upon a Time in Shaolin,” drawing ire from music fans around the world when he said he had no plans to listen to it.
-snip-
U.S. prosecutors could take Shkreli's Wu Tang Clan album, Picasso
Reuters Staff
2 MIN READ
(Reuters) - Martin Shkreli, dubbed the “pharma bro” for exploits such as jacking up the price of a life-saving drug by 5,000 percent, should forfeit $7.4 million, including his Wu Tang Clan album and a Picasso painting, U.S. prosecutors said on Friday.
The court should hold Shkreli financially accountable for his criminal conduct by requiring him to forfeit the amounts above, according to filings.
Prosecutors listed out assets that they can possibly take from Shkreli, also including his stake in Turing Pharmaceuticals and an Enigma machine, which was used in World War II as a code breaker.
Shkreli had bragged about buying the only copy of New York-based Wu Tang Clan’s “Once Upon a Time in Shaolin,” drawing ire from music fans around the world when he said he had no plans to listen to it.
-snip-
Read more: https://www.reuters.com/article/us-usa-shkreli-assets/u-s-prosecutors-could-take-shkrelis-wu-tang-clan-album-picasso-idUSKBN1DV550
