Published: Fri, September 15, 2017
Health Care | By Jeffery Armstrong

Shkreli ordered jailed for online bounty on Hillary Clinton's hair

Shkreli ordered jailed for online bounty on Hillary Clinton's hair

A social media post from Martin Shkreli - known as the Pharma Bro - landed him back in jail Wednesday after a judge ruled it violated the terms of his bail.

"The fact that he continues to remain unaware of the inappropriateness of his actions or words demonstrates to me that he may be creating ongoing risk to the community", said U.S. District Judge Kiyo Matsumoto, in revoking his bond.

Shkreli was convicted in August on securities fraud and conspiracy to commit securities fraud.

Here was a man whose company obtained the manufacturing license for the AIDS drug Daraprim, and then raised its price from fourteen dollars a tablet to $750 a tablet.

Shkreli was scheduled to be sentenced on January 16, 2018 on three counts of fraud stemming from his management of a hedge fund, and now he will likely remain in federal custody until then.

U.S. District Judge Kiyo Matsumoto ruled that Shkreli's September 4 post, made shortly before Clinton embarked on a book tour, showed he posed a danger to the public.

That led a Brooklyn magistrate to announce she was reluctant to send female defendants to the jail, saying, "Some of these conditions wouldn't surprise me if we were dealing with a prison in Turkey or a Third World country".

Shkreli's Facebook post had the Secret Service on high alert, and prosecutors asked for the judge to revoke his bail, calling it "an escalating pattern of threats and harassment".

His defense attorney tried to explain to the judge that Shkreli has a non-violent past, and what he did was very stupid, but not indicative of someone who's violent.

But a court in NY decided that Shkreli's offer to pay for a Hillary Clinton hair with the follicle was "solicitation of an assault".

Martin Shkreli, who was free on $5 million bail while he awaited sentencing, had made two Facebook posts offering cash to anyone who could "grab a hair" from Hillary Clinton during her book tour. I must confirm the sequences I have.

"He should be apologizing to the government and Secretary Clinton", the judge said.

Shkreli has also inadvertently inserted himself into a larger debate about when a person's online persona deserves real-world consequences. Brafman said, "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 said in a letter to Matsumoto on Tuesday that his Facebook post was meant as satire. He faces up to 20 years in prison, though his attorneys have said he would likely get much less. "He doesn't know who his followers are".

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