Self-styled “Pharma Bro” Martin Shkreli goes on trial in New York Monday, but not for any of th𓄧e prescription Rx-price-gouging o🌺r social-media trolling that have made him infamous.
Instead, a Manhattan federal jury will look at charges of securities and wire fraud relating🌊 to Shkreli’s alleged $11 million i𝓡nvestment Ponzi scheme from 2009 through 2014.
Shkreli, 34, faces up🐷 to 20 years in prison if convicted of using money from his pharmaceutical company, Retrophin, to pay off investors in a prior company after allegedly lying to them and mismanaging their money.
The loathed millionaire has boasted of owning a Nazi Enigma coding machine — “It’s like owning a gas chamber” — and paid a ridiculous $2 million for a single pressing of a Wu-Tang double album. He’s most hat▨ed, though, for overnight in 2016, from $13.50 to $750.
On Saturday, the US Distric𒀰t Judge who is handling the current case gave a split decision to Shkreli and the feds, approving some of Shꦉkreli’s past legal statements as evidence, barring others, and reserving decision on the remainder.