Martin Shkreli


Martin Shkreli sent to jail for bounty on Hillary Clinton’s hair

PUBLISHED Wed, September 13, 2017 - 6:57pm EDT

Former drug company executive Martin Shkreli has been jailed to await sentencing for securities fraud after he posted a message on Facebook in which he offered a $5,000 bounty for a strand of hair from former presidential candidate Hillary Clinton. (more)

U.S. District Judge Kiyo Matsumoto revoked Shkreli's $5 million bail on Wednesday, citing the September 4 post which prompted an investigation by the U.S. Secret Service. Matsumoto said the post demonstrated that Shkreli, who has been nicknamed "Pharma Bro," poses a danger to the public.

"The Clinton Foundation is willing to KILL to protect its secrets," Shkreli said in the Facebook post, referring to online conspiracy theories. "So on HRC's book tour, try to grab a hair from her. I must confirm the sequences I have. Will pay $5,000 per hair obtained from Hillary Clinton. ... Good luck, patrollers."

Shkreli later deleted the post and told Judge Matsumoto in a letter that it was an "awkward attempt" at humor. Thousands of people "liked" Shkreli's post but no one acted on his encouragement to obtain a strand of Clinton's hair.

Shkreli was convicted of securities fraud on August 4 and faces a maximum of 20 years in prison, although legal experts predict he will serve significantly less, in part because none of the investors lost any money. His sentencing has been set for January 16.

Shkreli gained worldwide notoriety in 2015 when he jacked up the price of a drug owned by his company. Turing Pharmaceuticals had acquired Daraprim, a decades-old drug which is used to treat a life-threatening parasitic infection, and immediately raised the drug's price from $13.50 to $750 a tablet.

Although Turing said it would provide the drug for free to qualified uninsured patients with incomes below 500 percent of the federal poverty level, the move sparked widespread outrage. Shkreli was forced to resign in December 2015 after he was arrested by the FBI and charged with securities fraud.

  New York, NY        2 UPDATES



More Updates

 1 yr   Martin Shkreli resigns as CEO of Turing Pharmaceuticals amid fraud case

              Martin Shkreli, who was gained notoriety for jacking up the price of a drug owned by his company, has resigned as chief executive of Turing Pharmaceuticals after he was charged with securities fraud. (more) Read More

  United States        2 UPDATES



Happening Now

North Carolina Amber Alert: Baby girl abducted from Haywood County

WATCH LIVE: Local TV coverage of the earthquake in Mexico

LIVE BLOG: Powerful earthquake strikes central Mexico

Powerful earthquake strikes south of Mexico City, killing at least 226

Powerful 7.1-magnitude earthquake strikes south of Mexico City


Listen to "BNO News - Breaking News Radio" on Spreaker.



Just want the important news? Sign up now for the fastest email alerts from BNO News. Click here to get started!


North Carolina Amber Alert: Baby girl abducted from Haywood County

LIVE BLOG: Powerful earthquake strikes central Mexico

Nevada Amber Alert: 3 young children abducted from Washoe County

Arkansas Amber Alert: Young girl abducted from Lonoke

Bomb blast on London subway train injures 22 people


Credit reporting firm Equifax reports data breach affecting 143 million people

Irma causes major damage on Caribbean islands, at least 2 dead

French fashion giants move to ban super-skinny models

Trump ends deportation amnesty for 800,000 young immigrants

Irma becomes one of the strongest hurricanes ever recorded