Shkreli Found To Be On The Hook For More Than $10M In Investment Losses

(February 28, 2018, 2:12 PM EST) -- BROOKLYN, N.Y. — Convicted fraudster and former pharmaceutical company CEO and hedge fund manager Martin Shkreli will need to account for more than $10 million in losses as part of his sentencing for bilking investors of millions of dollars of investments, the federal judge in New York who is overseeing the criminal proceedings ruled Feb. 26 in denying Shkreli’s post-trial motion for a judgment of acquittal (United States of America v. Martin Shkreli, No. 15-637, E.D. N.Y.)....

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