Federal Prosecutors Seek $7.3M Forfeiture From Shkreli In Criminal Action

(December 5, 2017, 2:39 PM EST) -- BROOKLYN, N.Y. — Federal prosecutors in the criminal proceedings against convicted former pharmaceutical company CEO and hedge fund manager Martin Shkreli on Nov. 30 asked a federal judge to require him to forfeit more than $7.3 million he obtained as part of his role in the securities fraud scheme to defraud investors (United States of America v. Martin Shkreli, No. 15-637, E.D. N.Y.)....

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