Brooklyn Boro

SKETCHES OF COURT: Shkreli found guilty of securities fraud

August 4, 2017 By Shirley and Andrea Shepard Special to Brooklyn Daily Eagle
Sketch- Shirley and Andrea Shepard 8/4/17
Share this:

On the fifth day of jury deliberations, “Pharma Bro” Martin Shkreli was found guilty of conspiracy to commit securities fraud and two counts of securities fraud on Friday. In this courtroom sketch, Shkreli is seen  with Defense Attorney Ben Brafman as Judge Kiyo Matsumoto is seen to Brafman’s right in the background. In the foreground, and page one of the verdict showing Shkreli’s conviction is shown.

Prosecutors pinned Shkreli with intentionally deceiving investors, telling some that he had about $40 million in one fund when it had only $300 in the bank. He was arrested in 2015 for paying investors back with $11 million in stock and cash from his former drug company, Retrophin.

Subscribe to our newsletters

“Justice has been served,” U.S. Attorney Bridget Rohde said outside the court. “We have been gratified throughout the trial at the close attention that the jury paid to the evidence, and we’re gratified as we stand here today at the jury’s verdict.”

 


Leave a Comment


Leave a Comment