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Martin Shkreli (a.k.a. Pharma Bro) found guilty of securities fraud

by Jason
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Image: Drew Angerer/Getty Images The PharmaBro is now the PharmaCon. Martin Shkreli was found guilty of two counts of securities fraud and one count of conspiracy to commit securities fraud on Friday. He was found not guilty on five other related counts. Shkreli faces 20 years in prison, though he’ll likely be sentenced to a shorter stint. The date of the sentencing has not yet been set. Shkreli stood trial for eight total counts of securities and wire fraud stemming from his time running Retrophin, a pharmaceutical company he founded. He was accused of repeatedly lying to investors, then, scheming […]