# Let the schadenfreude begin: Martin Shkreli arrested for securities fraud

**URL:** <https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [December 17, 2015, 2:21pm UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692 "2015-12-17T14:21:52Z")\
**Posts on this page:** 13\
**Page:** 5

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**Author:** ![Count\_Blucher](https://avatars.discourse-cdn.com/v4/letter/c/c5a1d2/32.png) [@Count\_Blucher](https://boards.straightdope.com/u/Count_Blucher)\
**Post date:** [February 6, 2016, 1:36am UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/81 "2016-02-06T01:36:42Z")

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> [@Happy\_Lendervedder](#):
>
> douchenozzlery might make him a hero after all.

If they get up off their asses, yay.

Still, the only thing that could make posterity think this slime was a ‘hero’ would be to bury his corpse in an unmarked grave with a blank marble marker and years later have some prankster chisel “Hero” on it for the lulz.

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**Author:** ![carnivorousplant](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/carnivorousplant/32/3563_2.png) [@carnivorousplant](https://boards.straightdope.com/u/carnivorousplant)\
**Post date:** [February 6, 2016, 3:04am UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/82 "2016-02-06T03:04:35Z")

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> [@Count\_Blucher](#):
>
> If they get up off their asses, yay.
> 
> Still, the only thing that could make posterity think this slime was a ‘hero’ would be to bury his corpse in an unmarked grave with a blank marble marker and years later have some prankster chisel “Hero” on it for the lulz.

Bury him at a crossroad, with a stake through his black, evil heart.

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**Author:** ![davidm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidm/32/225_2.png) [@davidm](https://boards.straightdope.com/u/davidm)\
**Post date:** [June 4, 2016, 5:19pm UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/83 "2016-06-04T17:19:04Z")

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“​New charges for ex-pharmaceutical executive Martin Shkreli”

> **[​New charges for ex-pharmaceutical executive Martin Shkreli](https://www.cbsnews.com/news/new-charges-for-ex-pharmaceutical-executive-martin-shkreli/)**
>
> Prosecutors file new indictment against so-called "pharma bro," reviled for raising price of lifesaving medication by about 5,000 percent

> [@](#):
>
> A new indictment filed Friday in Brooklyn says Martin Shkreli and his former attorney Evan Greebel schemed to defrauded potential investors of his former drug company Retrophin Inc., based in San Diego. They say the two allocated company stock to seven employees to conceal Shkreli’s ownership of it.

The charges are piling up. This guy is toast.

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**Author:** ![davidm](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidm/32/225_2.png) [@davidm](https://boards.straightdope.com/u/davidm)\
**Post date:** [September 13, 2016, 5:44am UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/84 "2016-09-13T05:44:46Z")

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Always classy.  
[http://thehill.com/blogs/ballot-box/presidential-races/295348-pharma-bro-shkreli-shows-up-at-chelsea-clintons-apartment#.V9ch-UwHDNc.facebook](http://thehill.com/blogs/ballot-box/presidential-races/295348-pharma-bro-shkreli-shows-up-at-chelsea-clintons-apartment#.V9ch-UwHDNc.facebook)

> [@](#):
>
> Embattled ex-pharmaceutical CEO Martin Shkreli showed up outside of Chelsea Clinton’s New York City apartment Sunday to taunt Hillary Clinton about her health.  
> …  
> After resting at her daughter’s apartment, she emerged, telling reporters she felt great.
> 
> Shkreli stood outside yelling and telling her to drop out of the presidential race.
> 
> “Do you need pharma bro’s help?” Shkreli yelled at Clinton, according to a [video](https://www.youtube.com/watch?v=5ZR_9rVDeQQ) he posted on YouTube.

Video: [https://www.youtube.com/watch?v=5ZR\_9rVDeQQ](https://www.youtube.com/watch?v=5ZR_9rVDeQQ)

When is this guy going to prison?

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**Author:** ![Foggy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/foggy/32/1082_2.png) [@Foggy](https://boards.straightdope.com/u/Foggy)\
**Post date:** [September 13, 2016, 7:14am UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/85 "2016-09-13T07:14:24Z")

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> [@](#):
>
> When is this guy going to prison?

A better question is, “What is wrong with him?”  
I thought he was a jerk & an unethical business person. Now this is making him look a bit crazy.

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**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\
**Post date:** [July 27, 2021, 6:55pm UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/86 "2021-07-27T18:55:33Z")

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> [@Baron\_Greenback](#):
>
> So if he gets convicted, and his assets seized, does that mean that the US Government takes possession of the one-off one-copy Wu-Tang Clan album that Shkreli paid $2 million for?

Hello, December 2015! Have I got some shit to tell you!

But, to answer your question…

YES. And not only that, the sale of the album (to an undisclosed buyer) was enough to settle Shkreli’s $7.4 million forfeiture.

> <https://twitter.com/KlasfeldReports/status/1420086538239676416?s=19>

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**Author:** ![JohnT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnt/32/15048_2.png) [@JohnT](https://boards.straightdope.com/u/JohnT)\
**Post date:** [July 27, 2021, 7:45pm UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/87 "2021-07-27T19:45:54Z")

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The statement:

[![Imgur](https://live.staticflickr.com/65535/51340363020_06f2fa562a_b.jpg "20210727\_144232") ](https://www.flickr.com/photos/68782016@N08/51340363020/)

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**Author:** ![Senegoid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/senegoid/32/6606_2.png) [@Senegoid](https://boards.straightdope.com/u/Senegoid)\
**Post date:** [July 28, 2021, 3:37am UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/88 "2021-07-28T03:37:25Z")

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But is he in jail?

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**Author:** ![naita](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/naita/32/5862_2.png) [@naita](https://boards.straightdope.com/u/naita)\
**Post date:** [July 28, 2021, 3:10pm UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/89 "2021-07-28T15:10:32Z")

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Yes. He was denied release at the start of the pandemic when he claimed he was needed to lead his company and get a vaccine in place: [Martin Shkreli - Wikipedia](https://en.wikipedia.org/wiki/Martin_Shkreli#Incarceration)

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**Author:** ![Senegoid](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/senegoid/32/6606_2.png) [@Senegoid](https://boards.straightdope.com/u/Senegoid)\
**Post date:** [July 29, 2021, 2:09am UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/90 "2021-07-29T02:09:35Z")

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> [@naita](#):
>
> He was denied release at the start of the pandemic when he claimed he was needed to lead his company and get a vaccine in place:

Schadenfreude indeed. This amuses me.

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**Author:** ![glowacks](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/glowacks/32/5548_2.png) [@glowacks](https://boards.straightdope.com/u/glowacks)\
**Post date:** [July 29, 2021, 2:14am UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/91 "2021-07-29T02:14:03Z")

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So it sounds like he had a large capital gain on the sale of the album. Does he have the money to pay the tax on it?

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**Author:** ![Wesley\_Clark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/wesley_clark/32/20581_2.png) [@Wesley\_Clark](https://boards.straightdope.com/u/Wesley_Clark)\
**Post date:** [July 29, 2021, 2:14am UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/92 "2021-07-29T02:14:20Z")

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Its still offensive that he wasn’t arrested for jacking up the price of a life saving medication to $750 a pill, because that isn’t illegal (however buying the drug for $0.25 a pill from Switzerland or Australia and importing it to the US is illegal).

They couldn’t get him on the big corruption (the kinds where large companies rip off the general public), because the big corruption is legal. So they got him on smaller corruption.

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**Author:** ![Smapti](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/smapti/32/17938_2.png) [@Smapti](https://boards.straightdope.com/u/Smapti)\
**Post date:** [August 15, 2022, 3:54am UTC](https://boards.straightdope.com/t/let-the-schadenfreude-begin-martin-shkreli-arrested-for-securities-fraud/740692/93 "2022-08-15T03:54:26Z")

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Shkreli’s back in the news - the crypto company he’s working with has lost almost all of its value because he decided to download a porn torrent that was infected with Russian malware.

> **[Martin Shkreli's Druglike DAO Crypto Token Crashes Following an Alleged Hack](https://beincrypto.com/martin-shkrelis-druglike-dao-crypto-token-crashes-following-an-alleged-hack/)**
>
> Former pharmaceutical executive Martin Shkreli’s recently-launched crypto token tanked 90% on Friday, Aug. 13, 2022, data from crypto exchange Binance shows.

[![](https://img.youtube.com/vi/L4ske42sAXQ/maxresdefault.jpg "The DUMBEST Hack I've Ever Seen In My Life...") ](https://www.youtube.com/watch?v=L4ske42sAXQ)

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