Fresh off the presses today, everyone’s favorite Backpfeifengesicht, Martin Shkreli, has been found guilty of fraud and conspiracy to commit fraud, and, as a result, faces up to 20 years in prison.
Between you and me, though, I’ll be shocked if the man gets five.
The crimes he’s been charged with don’t have anything to do with the crime against humanity he orchestrated when he spiked the price of a Daraprim, a drug necessary for the survival of hundreds if not thousands of people, though. What he did with Daraprim was entirely legit and not at all criminal, since justice is a foreign concept when your idea of law is “whoever has the most property wins.”
Still, let’s not let that take away from the fact that he’s now facing up to 20 years in prison — even if he’s probably only going to walk away with a few months.
The charges that Shkreli was found guilty of include securities fraud in connection with MSMB Capital and MSMB Healthcare, and conspiracy to commit securities fraud in connection with Retrophin. Surprising nobody, he managed to dodge the worst offenses, which included various charges of conspiracy.
Shkreli became famous on the internet following him spiking the prices of a drug needed by HIV patients, Daraprim, from about $13 a tablet to $750 a tablet. While the price eventually went down, dislike for the man — rightly — did not, and his subsequent behavior earned him the derisive title”Pharma Bro.”
Although perhaps now he’ll get the title he rightly deserves: convict.