Convicted 'Pharma Bro' has an image problem, lawyer concedes

NEW YORK (AP) — Martin Shkreli, the eccentric former pharmaceutical CEO notorious for a price-gouging scandal and for his snide "Pharma Bro" persona on social media, was convicted Friday on federal charges he deceived investors in a pair of failed hedge funds.

A Brooklyn jury deliberated five days before finding Shkreli guilty on three of eight counts. He had been charged with securities fraud, conspiracy to commit securities fraud and conspiracy to commit wire fraud.

Shkreli, upbeat and defiant outside the Brooklyn courthouse afterward, called his prosecution "a witch hunt of epic proportions...

 

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