He wanted Clin­ton hair - he got jail

Waikato Times - - WORLD -

UNITED STATES: Martin Shkreli’s big mouth has landed him in jail even be­fore his fraud con­vic­tion did.

A US judge re­voked the for­mer phar­ma­ceu­ti­cal ex­ec­u­tive’s bail yes­ter­day, or­der­ing him jailed im­me­di­ately, over a bounty Shkreli is­sued in a Face­book post for a strand of for­mer sec­re­tary of state Hil­lary Clin­ton’s hair.

‘‘The fact that he con­tin­ues to re­main un­aware of the in­ap­pro­pri­ate­ness of his ac­tions or words demon­strates that he may well be an on­go­ing dan­ger or risk to the com­mu­nity,’’ US District Judge Kiyo Mat­sumoto said.

Shkreli was stone-faced as the New York judge handed down her de­ci­sion. He was led away by two deputy US mar­shals and into a pris­oner hold­ing cell ad­ja­cent to the sixth-floor court­room.

He will be held at the Met­ro­pol­i­tan De­ten­tion Cen­tre, ac­cord­ing to his lawyer Ben­jamin Braf­man. It’s a fed­eral jail in the Sun­set Park sec­tion of Brook­lyn that has housed ter­ror­ists and mob­sters.

‘‘We are ob­vi­ously dis­ap­pointed,’’ Braf­man said af­ter the hear­ing. ‘‘We be­lieve the court ar­rived at the wrong de­ci­sion, but she’s the judge and right now we will have to live with this de­ci­sion.’’

Shkreli, 34, was convicted last month of three of eight charges, in­clud­ing two counts of se­cu­ri­ties fraud. He was ac­quit­ted of fraud charges re­lated to the al­leged loot­ing of the drug com­pany he founded, Retrophin. He faces a max­i­mum of 20 years in prison on each of the se­cu­ri­ties fraud charges, though he’s likely to get a lesser term. He’s sched­uled to be sentenced on Jan­uary 16. – TNS

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