Martin Shkerli Arrested on Securities Fraud Charges

[omnifax]

You have no clue what you are talking about. His arrest has nothing to do with the price gouging. What he did raising prices was perfectly legal

I think he was referring to the fact that his price hikes on Daraprim upset the insurance companies and they in turn used their connections within the government to bag him for other shady practices.

 

[BaggerofTea]

I think he was referring to the fact that his price hikes on Daraprim upset the insurance companies and they in turn used their connections within the government to bag him for other shady practices.

The feds were building a case long before the price hike. It certainly didn't help to get all the attention over the price hike. But pinto scheme he was running was already being closed in on

 

[Milomann]

You have no clue what you are talking about. His arrest has nothing to do with the price gouging. What he did raising prices was perfectly legal

When they don't like what you are doing but they can't do anything about it, they will go after through other avenues. Al Capone was arrested for tax evasion, not for his criminal activities. If you think his price hiking of pills didn't piss insurance companies off you are deluded.

 

[BaggerofTea]

When they don't like what you are doing but they can't do anything about it, they will go after through other avenues. Al Capone was arrested for tax evasion, not for his criminal activities. If you think his price hiking of pills didn't piss insurance companies off you are deluded.

Companies hike drug prices all the damn time.

 

[Milomann]

Companies hike drug prices all the damn time.

Large pharmaceutical companies do but they give campaign donations to politicians just like insurance companies. Shkerli has a small pharmaceutical company that has no influence in Washington. He is fair game.

 

[KingsOfKings]

dont know if yall seen this but:

 

[KingsOfKings]

double

 

[Drake's Tan]

This cac continues to take L's

http://gizmodo.com/martin-shkreli-just-got-fired-from-his-other-job-as-ceo-1749089727

 

[Strapped]

is he out on bail yet living that good life he's accustom to