SKETCHES OF COURT: First witness in Shkreli trial reported too-good-to-be-true returns
An investor in “Pharma Bro” Martin Shkreli’s hedge fund says he wowed her by reporting eye-popping returns that prosecutors say were a lie.
Sarah Hassan testified Thursday as the first witness at Shkreli’s security fraud trial in Brooklyn federal court.
She told jurors she invested $300,000 with Shkreli in 2011 after being told he was “a rising star in the hedge fund world” who managed $40 million. She said she was thrilled when he reported she made nearly $60,000 that year alone.
Brooklyn Boro
View MoreNew York City’s most populous borough, Brooklyn, is home to nearly 2.6 million residents. If Brooklyn were an independent city it would be the fourth largest city in the United States. While Brooklyn has become the epitome of ‘cool and hip’ in recent years, for those that were born here, raised families here and improved communities over the years, Brooklyn has never been ‘uncool’.