A federal judge on Friday sentenced Martin Shkreli, the notorious former hedge fund manager, to seven years in prison for defrauding his investors.
U.S. District Judge Kiyo Matsumoto roughly split the difference between the 15 years prosecutors asked for and the 18 months sought by Shkreli’s defense team. Shkreli, 34, who delivered a tearful speech to Matsumoto apologizing for his conduct and pleading for leniency, did not react to the sentence.
(click here to continue reading Martin Shkreli sentenced to seven years in prison for defrauding investors – The Washington Post.)
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