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Martin Shkreli Arrested On Fraud Charges

Following a number of appearances in recent news, KaloBios Pharmaceuticals CEO, Martin Shkreli is being charged with securities fraud and has been arrested.

“While the 32-year-old has earned a rare level of infamy for his brazenness in business and his personal life, what he was charged with had nothing to do with skyrocketing drug prices. He is accused of repeatedly losing money for investors and lying to them about it, illegally taking assets from one of his companies to pay off debtors in another…” [ Read more here ]