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shkreli delighted. braffman a good result and the government coming out, not even focusing on anything other than the three guilty counts and the case itself saying that justice, as you said, kelly, has been served. >> again i think the tricky thing here is that there's a number of different types of, you know, issues that were involved, so by the way on the main issue which he has been convicted on securities fraud, that still does carry kwai potentially a lengthy prison sentence of up to 20 years that's why you can see a lengt of outcomes, it could still be from him serving no time to serveving quite a lot of it. >> meg tirrell has been covering this case from the beginning and is outside the courthouse in brooklyn meg? >> reporter: hi, guys. well, of course, as you know, three guilty counts of eight shkreli and his attorney just coming out and giving a statement basically claiming victory as has been pointed out here, even though there are three guilty counts, the government just giving a statement s
shkreli delighted. braffman a good result and the government coming out, not even focusing on anything other than the three guilty counts and the case itself saying that justice, as you said, kelly, has been served. >> again i think the tricky thing here is that there's a number of different types of, you know, issues that were involved, so by the way on the main issue which he has been convicted on securities fraud, that still does carry kwai potentially a lengthy prison sentence of up...
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no word yet whether shkreli will be sentenced to prison. what's interesting about this case is that the people who were in these hedge funds actually didn't lose money, they made money, but you can't steal money from one organization that you run to pay off another. tracee carrasco was standing right there in brooklyn when this all came down, and he specifically mentioned count 7, that was the count of wire fraud, found not guilty on that one, they were pleased with that? >> reporter: he did, liz, said he the government, that was their attempt to say he robbed peter to pay paul, and now martin shkreli just left the courthouse right now, followed by a gaggle of cameras, and as you said, this has been a busy afternoon out here, but martin shkreli and his lawyer both just spoke, they are delighted and pleased overall with the verdict. we have five out of eight counts, they said that's a good verdict. five out of eight counts not guilty. i want to go through all of the counts with you. count one was conspiracy to commit securities fraud. he was
no word yet whether shkreli will be sentenced to prison. what's interesting about this case is that the people who were in these hedge funds actually didn't lose money, they made money, but you can't steal money from one organization that you run to pay off another. tracee carrasco was standing right there in brooklyn when this all came down, and he specifically mentioned count 7, that was the count of wire fraud, found not guilty on that one, they were pleased with that? >> reporter: he...
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shkreli.the things that is interesting following this case certainly is the demeanor of shkreli in court. his lawyer, even the judge at one point said, that the behavior of ben branch man's client, martin shkreli was odd in the courtroom. prosecution using things he was putting on facebook and things tweeting out were sometimes odd. some people describe him as you hear words like autistic, somebody with as berger's. all that -- tracee carrasco outside the brooklyn federal courthouse with details on the verdict. tracee, what do you know? reporter: cheryl it has been a quiet day up until now. we haven't heard anything from the jury. they brought a note to the judge saying they reached a verdict. i want to go down the counts. count one, conspiracy to commit securities fraud, he was found not guilty. count two, conspiracy to commit wire fraud, he was found not guilty. securities fraud, he was found guilty. count four, conspiracy to commit securities fraud. also found not guilty. count five, conspi
shkreli.the things that is interesting following this case certainly is the demeanor of shkreli in court. his lawyer, even the judge at one point said, that the behavior of ben branch man's client, martin shkreli was odd in the courtroom. prosecution using things he was putting on facebook and things tweeting out were sometimes odd. some people describe him as you hear words like autistic, somebody with as berger's. all that -- tracee carrasco outside the brooklyn federal courthouse with...
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let's get reaction to the shkreli case, bring in the legal eagles, leeza garber, shkreli and team acted like this is a big win, do you agree? >> i think this guy has a lot of issues and to call it a big win, we'll see what happens when sentencing comes down, could be up to 20 years, and this is a man that has already been judged in the court of public opinion, much more and, of course separate for the drug that it helps aids patients, cancer patients, pregnant mothers and he is not well liked. he's eccentric, i'm not surprised to hear he thought this was a good result. it's not a great result, and he deserves it. liz: shkreli said he got off on the most important count. take a listen. i'd like your reaction. >> we're, i think, delighted in many ways with the verdict, count 7 was the government's attempt to theororize that i robbed peter to pay paul, and the jury had spoken incluesively. some made ten times or more than that of the original investment after they did receive settlements. liz: the jury clearly not buying this line of argument at trial. he's convicted of three counts of sec
let's get reaction to the shkreli case, bring in the legal eagles, leeza garber, shkreli and team acted like this is a big win, do you agree? >> i think this guy has a lot of issues and to call it a big win, we'll see what happens when sentencing comes down, could be up to 20 years, and this is a man that has already been judged in the court of public opinion, much more and, of course separate for the drug that it helps aids patients, cancer patients, pregnant mothers and he is not well...
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because he was martin shkreli. got reasonably fair peopl. whether their verdict is 100% accurate or not, we need to review the transcript and the verdict. but on balance, count seven was the heart of this case from the beginning. it was a complaint that martin robbed money from his own company to pay back people. and that theory was soundly rejected. >> [indiscernible] >> we're not going to discuss that. there were never any substantive -- >> [indiscernible] >> let me answer that. ok? forin has some work cut out him in terms of trying to undo he wasage which i think unfairly given when the whole came out, raising the price. no one has ever been deprived of of the medication. martin is a brilliant young man. it but sometimes, people skills don't translate well. so we will have some good discussions. but at the end of the day, i think martin has held his own in despite thend issues that travel with martin, we are here smiling even though it wasn't a clean sweep that we would've preferred. >> [indiscernible] >> i will
because he was martin shkreli. got reasonably fair peopl. whether their verdict is 100% accurate or not, we need to review the transcript and the verdict. but on balance, count seven was the heart of this case from the beginning. it was a complaint that martin robbed money from his own company to pay back people. and that theory was soundly rejected. >> [indiscernible] >> we're not going to discuss that. there were never any substantive -- >> [indiscernible] >> let me...
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shkreli.nvolved in a case that involves arms trafficking, drug trafficking and even money laundering. so, quite a different case today, guys. in u.s. versus martin skhreli and, of course, this is a securities fraud trial this jury hasn't made a peep since tuesday when they asked their only set of questions. that was to get a definition of assets under management and frau fraudulent intent. is, hkreli passing the time reading a book about warren buffett and tweeting from inside tweeting, come on, give me that verdict. his defense attorney, of course, closed his closing argument on friday he used a prop, a bag of ruffles and, actually, those defense attorneys on his team yesterday popping open that bag of ruffles and eating those potato chips to say you're eating the evidence everyone is getting a little stir crazy on day five of jury deliberations. we'll let you know if we get any news back to you. >> eagerly awaiting, maybe as eagerly as you. >>> here's what's coming up, talk to the ceo of a c
shkreli.nvolved in a case that involves arms trafficking, drug trafficking and even money laundering. so, quite a different case today, guys. in u.s. versus martin skhreli and, of course, this is a securities fraud trial this jury hasn't made a peep since tuesday when they asked their only set of questions. that was to get a definition of assets under management and frau fraudulent intent. is, hkreli passing the time reading a book about warren buffett and tweeting from inside tweeting, come...
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from when shkreli ran a couple of hedge funds. >> no questions from cnbc. i'm sorry. >> this was a witch-hunt of epic proportions and maybe they found one or two broomsticks, bt at the end of the day we've been acquitted of the most important charges of this case. >> reporter: the prosecution team, who shkreli cast i gated as junior varsity took the high road. >> justice has been served. >> reporter: defense attorney benjamin brak manly acknowledged his persol made his job and the jury's more difficult. >> and if you're asking me did that factor into the decision whether or not to bring this lawsuit, i think it did. >> reporter: the four-wook trial was unusual. shkreli never put on a defense, in part because none of the victims lost money. they actually made money, even though shkreli lied about the fund's performance and assets. >> my investors made three to five times their money without any aid of any settlement agreement. >> reporter: brock man thinks that will help at sentencing. however, shkreli's youtube performance after the verdict may not. >> big
from when shkreli ran a couple of hedge funds. >> no questions from cnbc. i'm sorry. >> this was a witch-hunt of epic proportions and maybe they found one or two broomsticks, bt at the end of the day we've been acquitted of the most important charges of this case. >> reporter: the prosecution team, who shkreli cast i gated as junior varsity took the high road. >> justice has been served. >> reporter: defense attorney benjamin brak manly acknowledged his persol made...
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(justine) martin shkreli was convicted of conspiracy and security fraud in new york on friday.one) but as brynn gingras reports, he was rejoicing on youtube the same afternoon. hours after leaving a courthouse.natsot: my new prison name is big rolls. martin shkreli cracked open a beer and made predictions with his internet fans about the punishment he could face on three federal fraud convictions.martin shkreli, convicted of securities fraud: "i don't think i'm going to prison by the way, just so you know."the fbi accused 34-year old shkreli of orchestrating a ponzi scheme, cheating investors out of millions by mismanaging money at hedge funds he ran. after five days of deliberations, a new york jury found shkreli guilty on less than half the charges. the most serious count - securities fraud.martin shkreli, convicted of securities fraud:"this was a witch hunt of epic proportions. maybe they found one or two broomsticks but at the end of the day, we've been acquitted of the most important charges in this case and im delighted to report that."this wasn't the first time shkreli c
(justine) martin shkreli was convicted of conspiracy and security fraud in new york on friday.one) but as brynn gingras reports, he was rejoicing on youtube the same afternoon. hours after leaving a courthouse.natsot: my new prison name is big rolls. martin shkreli cracked open a beer and made predictions with his internet fans about the punishment he could face on three federal fraud convictions.martin shkreli, convicted of securities fraud: "i don't think i'm going to prison by the way,...
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. >>> martin shkreli is back on youtube and celebrating the verdict from a jury in brooklyn. >> theyer guilty on two counts of securities fraud but after cleared five of the counts, shkreli is claiming victory. >> reporter: hours after leaving a courthouse. >> my new prison name is big rolls. >> reporter: martin shkreli cracked open a beer and made predictions with his intnt fans about the fsht he should face on three federal fraud conviction. >> i don't think i'm going to prison, by the way, just so you know joot fbi accused 34-year-old shkreli of orchestrating a ponzi scheme and cheating investors out of millions by mismanaging money at hedge fund he ran. after five days of deliberations, a new york jury found shkreli guilty on less than half the charges. the most serious count? securities fraud. >> this was a witch hunt of epic proportions and maybe they found one or two broom sticks but at the end of the day we have been acquitted of the most important charges of this case and i'm delighted to report that. >> reporter: this wasn't the first time shkreli called his case a witch hu
. >>> martin shkreli is back on youtube and celebrating the verdict from a jury in brooklyn. >> theyer guilty on two counts of securities fraud but after cleared five of the counts, shkreli is claiming victory. >> reporter: hours after leaving a courthouse. >> my new prison name is big rolls. >> reporter: martin shkreli cracked open a beer and made predictions with his intnt fans about the fsht he should face on three federal fraud conviction. >> i don't...
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shkreli says he was delighted after the verdict.d the prosecutor said justice was served. but shkreli can breathe a bit easier this morning, because the one count that really mattered for the defense which essentially accused shkreli of robbing peter to pay paul, on that one the jury sided with shkreli. >> when the government says we're coming at you and we're going to put you in jail for 20 years, this is the outcome, you get pretty satisfied. >> reporter: the so-called bad boy of pharmaceuticals martin shkreli found guilty and with a beer in hand live streaming from his home for several hours after the verdict. even discussing who will take care of his cat while he's in prison. >> housekeeper. the housekeeper. that's right. you don't like her but she does put the food out. >> reporter: his unrelenting confidence on full display. >> i'm one of the richest new yorkers there is and after today's outcome it's going to stay that way. >> reporter: signing off from his youtube live stream with an air of defiance. >> i'm going to figure o
shkreli says he was delighted after the verdict.d the prosecutor said justice was served. but shkreli can breathe a bit easier this morning, because the one count that really mattered for the defense which essentially accused shkreli of robbing peter to pay paul, on that one the jury sided with shkreli. >> when the government says we're coming at you and we're going to put you in jail for 20 years, this is the outcome, you get pretty satisfied. >> reporter: the so-called bad boy of...
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martin shkreli was brought in to be arraigned in a completely separate case.ame judge, the same courtroom, another defendant named martin shkreli so we all are watching that, of course but in the u.s. versus martin shkreli, the so-called pharma bro case, of course, the jury has been deliberating for five days they have only asked one substantiative set of questions to the judge and the attorney so far. that was on tuesday. those questions concern the definitions of assets under management and fraudulent intent and the judge essentially just trying to answer those within the instructions that had already been given to the jury, saying there is no legal definition of seats under management since then, wec haven't heard a peep from this jury. the closing arguments, of course, wrapped up on friday the defense attorney holding up a bag of potato chips to make a point in that closing argument the defense attorneys waiting so long, that yesterday they popped those potato chips open and even started eating them. shkreli's been entertaining himself by reading books, in
martin shkreli was brought in to be arraigned in a completely separate case.ame judge, the same courtroom, another defendant named martin shkreli so we all are watching that, of course but in the u.s. versus martin shkreli, the so-called pharma bro case, of course, the jury has been deliberating for five days they have only asked one substantiative set of questions to the judge and the attorney so far. that was on tuesday. those questions concern the definitions of assets under management and...
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shkreli coming into trial. he said he didn't always make it easy for him >> there is an image issue that martin and i are going to be discussing in the next several days martin is brilliant young man. but sometimes, people skills don't translate well so, we will have some good substitutio discussions, but at the end of the day, martin has more than held his own in this case. >> so, those discussions apparently not to stay off social media apparently leaping right on a live stream on youtube the second he got home from the courthouse he has been talk with reporters and other followers about the trial and what he expects the sentencing to be so we have not heard the last of martin shkreli have you attempted to ask him the question why this youtube live stream? just wondering if he would shut you down on youtube? >> the track record hasn't been good in terms of him wabting nto take questions from cnbc >> you shouldn't feel bad. >> i'd say congratulations, meg. you clearly got under this guy's skin in a way that i
shkreli coming into trial. he said he didn't always make it easy for him >> there is an image issue that martin and i are going to be discussing in the next several days martin is brilliant young man. but sometimes, people skills don't translate well so, we will have some good substitutio discussions, but at the end of the day, martin has more than held his own in this case. >> so, those discussions apparently not to stay off social media apparently leaping right on a live stream on...
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martin shkreli was accused of funneling money from his companies to investors.shef has been following the developments from new york. >> reporter: the so-called pharma bro' martin shkreli found guilty on three of eight charges. shkreli never taking the stand in his own defense but defiantly speaking out after the verdict. >> this was a witch hunt of epic proportions and maybe they found one or two broomsticks but at the end of the day we've been acquitted of the most important charges in this case and i'm delighted to report that. >> reporter: a jury convicting the former pharmaceutical ceo of federal securities fraud and conspiracy for cheating hedge fund investors out of more than $11 million. prosecutors calling it a ponzi scheme. >> we have been gratified throughout the trial at the close attention that the jury paid to the evidence. and we're gratified as we stand here today at the jury's verdict. justice has been served. >> reporter: 34-year-old shkreli once dubbed the most hated man in america after he increased the price of a life saving cancer and hiv d
martin shkreli was accused of funneling money from his companies to investors.shef has been following the developments from new york. >> reporter: the so-called pharma bro' martin shkreli found guilty on three of eight charges. shkreli never taking the stand in his own defense but defiantly speaking out after the verdict. >> this was a witch hunt of epic proportions and maybe they found one or two broomsticks but at the end of the day we've been acquitted of the most important...
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shkreli with robbing that technology company to payback investors that he defrauded in hedge funds. when he was arrested at the end of 2015, the government said he could face up to 20 years if convicted. his attorney friday saying he expected the judge to potentially be more lenient, perhaps not giving jail time though he was found guilty on 3 of 8 counts, shkreli pledged victory friday coming out of the courthouse, calling his attorney his hero. >> i don't think there's anything that compares to the government trying to squeeze you, standing up to them, telling them we don't think you have our backs notwithstanding all the resource of the federal government, we fought back and feel like we won. >> he and his attorney saying the most important charge was count seven of eight that he was found not guilty of. that was most important. it could have held the most severe penalties if he was convicted on that count. he was found not guilty on that one. they are pledging some victory martin shkreli no stranger to social media, jumping back online almost immediately after arriving home from
shkreli with robbing that technology company to payback investors that he defrauded in hedge funds. when he was arrested at the end of 2015, the government said he could face up to 20 years if convicted. his attorney friday saying he expected the judge to potentially be more lenient, perhaps not giving jail time though he was found guilty on 3 of 8 counts, shkreli pledged victory friday coming out of the courthouse, calling his attorney his hero. >> i don't think there's anything that...
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gerri: not a very popular guy, that shkreli. tracy, thanks for that.ughter] >>> and coming up, new questions raised after hundreds of pages of documents linked to that now-infamous tarmac meeting between bill clinton and former attorney general loretta lynch released. you're going to want to hear this. ♪ so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications, customer experience. ♪ ♪ which is why comcast business delivers consistent network performance and speed across all your locations. fast connections everywhere. that's how you outmaneuver. whuuuuuat?rtgage offer from the bank today. you never just get one offer. go to lendingtree.com and shop multiple loan offers for free! free? yeah. could save thousands. you should probably buy me dinner. no. go to lendingtree.com for a new home loan or refinance. receive up to five free offers and choose the loan that's right for you. our average customer could lower their monthly bills by over th
gerri: not a very popular guy, that shkreli. tracy, thanks for that.ughter] >>> and coming up, new questions raised after hundreds of pages of documents linked to that now-infamous tarmac meeting between bill clinton and former attorney general loretta lynch released. you're going to want to hear this. ♪ so we need tablets installed... with the menu app ready to roll. in 12 weeks. yeah. ♪ ♪ the world of fast food is being changed by faster networks. ♪ ♪ data, applications,...
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a lot of anti-shkreli sentiment.n shkreli had to say about that. >> this is a witch hunt of epic proportions. they found one or two broom sticks but we've been acquitted of most of them and i'm delighted to report that. >> martin shkreli and his lawyers are hoping for a lenient sentence. >> neil: thanks very much, tracy. the president is making his case for tax cuts last night in front of an adoring crowd in west virginia. is it time for him to get serious in an oval office address with charts, the whole nine yards to spell it out, to make the case? it worked for ronald reagan. it worked for john kennedy. after this. i wanted to know where my family came from. i did my ancestrydna. the most shocking result was that i'm 26% native american. i had no idea. it's opened up a whole new world for me. ♪ six of you for when thyou stretch out.t i want you to stay this bright blue forever, that's why you'll stay in this drawer forever. i can't live without you, and that's why i'll never ever wash you. protect your clothes from
a lot of anti-shkreli sentiment.n shkreli had to say about that. >> this is a witch hunt of epic proportions. they found one or two broom sticks but we've been acquitted of most of them and i'm delighted to report that. >> martin shkreli and his lawyers are hoping for a lenient sentence. >> neil: thanks very much, tracy. the president is making his case for tax cuts last night in front of an adoring crowd in west virginia. is it time for him to get serious in an oval office...
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. >> coming up, the verdict in the shkreli trial and the rocket race. why the sky is the limit for these start ups. trz . >>> a verdict in the fraud and conspiracy trial of the so-called pharma bro, martin shkreli, who was charged with eight counts of securities fraud and conspiracy. now, he could face up to years behind bars. meg has the details. >> it was a six week long trial including almost five full days of jury deliberations. that jury reaching a verdict in the afternoon on friday. finding martin shkreli guilty on three counts, not guilty on five of those. those three include two charges of securities fraud having to do with former hedge funds that shkreli ran and one count of conspiracy to commit securities fraud relating to his former company. the government of course had arrested him in december of 2015 saying that he defrauded investors in those hedge funds, then robbed his former company in order to pay them back. though he was found guilty on three of those eight counts, he really pledged vikt today including calling his attorney his hero.
. >> coming up, the verdict in the shkreli trial and the rocket race. why the sky is the limit for these start ups. trz . >>> a verdict in the fraud and conspiracy trial of the so-called pharma bro, martin shkreli, who was charged with eight counts of securities fraud and conspiracy. now, he could face up to years behind bars. meg has the details. >> it was a six week long trial including almost five full days of jury deliberations. that jury reaching a verdict in the...
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now martin shkreli as you know was the "farmer bro."was notoriously known as ceo who charged 5000% more for a live saving aids drug. his lawyers said this was very difficult case because there was a lot lot of anti-shkreli sentiment. this is what martin shkreli had to say as he walked out of the courthouse. >> this was a witch-hunt of epic proportions. maybe they found one or two broomsticks but at the end of the day we've been acquitted of most important charges in this case and i'm delighted to report that. reporter: now in the case here federal prosecutors accused shkreli of cheating investors out of two hedge funds that he runs but he maintains he didn't do anything wrong. one of the counts, count 7, that was conspiracy to commit wire fraud, he said he did not quote, rob peter to pay paul. again he denies all of these charges. he says no one lost any money here. he is hoping for no prison time. his lawyers said they hope for a lenient sentence. no sentencing date has been set but we will bring you anymore updates as we get them. mel
now martin shkreli as you know was the "farmer bro."was notoriously known as ceo who charged 5000% more for a live saving aids drug. his lawyers said this was very difficult case because there was a lot lot of anti-shkreli sentiment. this is what martin shkreli had to say as he walked out of the courthouse. >> this was a witch-hunt of epic proportions. maybe they found one or two broomsticks but at the end of the day we've been acquitted of most important charges in this case...
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amp five days of deliberations, a new york jury found shkreli guilty on less than half the charges.ost serious count, securities fraud, a witch-hunt of ethic proportions and maybe found one or two broomsticks. end of the day, we've been acquitted of the most important charges and i'm delighted to report that. >> reporter: it wasn't the first time shkreli called his case a witch-hunt posting this during the trial -- my case is a silly witch-hunt perpetrated by self-serving prosecutors. ending the post with drain the swamp. drain the sewer that is the doj anden a reference to president trump's slogan makeamerican great again. and the pharma bro, shkreli nicknamed himself, kicked off when making unwanted advances towards an editor. his lawyer said they were having ongoing discussions about that. >> martin is a brilliant young man, but sometimes people skills don't translate well. >> reporter: shkreli first gained notoriety two years ago when he hiked the price of a life-saving drug for aids patients by more than 5,000%. he was dubbed the most hated man in america, though there was no r
amp five days of deliberations, a new york jury found shkreli guilty on less than half the charges.ost serious count, securities fraud, a witch-hunt of ethic proportions and maybe found one or two broomsticks. end of the day, we've been acquitted of the most important charges and i'm delighted to report that. >> reporter: it wasn't the first time shkreli called his case a witch-hunt posting this during the trial -- my case is a silly witch-hunt perpetrated by self-serving prosecutors....
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martin shkreli found guilty on three counts of conspiracy, fraud but a jury cleared him of five other charges. shkreli known for the pharma-bro persona accused of funneling investor money to the companies like a pyramid scheme. he remained upbeat and defiant after the verdict. >> this is a witch hunt of epic proportions. maybe they found one or two broomsticks but at the end of the day we have been acquitted of the most important charges in this case and i'm delighted to report that. jonathan: you may remember shkreli is notorious for a price gouging scandal where he raised the price of a cancer drug by 5,000%. gets his sentence. michelle: a former black water contractor will get a new trial on charges he murdered civilians in iraq. today an appeals court overturned his conviction saying he should have been tried separately from three codefendants. all four were convicted of killing 14 civilians at a traffic circle in baghdad in 2007. slatten was sentenced to life in prison. jonathan: the trump administration has an ultimatum for leakers. stop it or face possible prosecution. jeff ses
martin shkreli found guilty on three counts of conspiracy, fraud but a jury cleared him of five other charges. shkreli known for the pharma-bro persona accused of funneling investor money to the companies like a pyramid scheme. he remained upbeat and defiant after the verdict. >> this is a witch hunt of epic proportions. maybe they found one or two broomsticks but at the end of the day we have been acquitted of the most important charges in this case and i'm delighted to report that....
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. >>> former pharmaceutical executive martin shkreli has been convicted. brooklyn jury deliberated for five years before convicting shkreli on three of the eight counts. the case focused on allegations that he blew investors money on bad stock picks before raiding his drug company of stock and cash to pay them back. shkreli became notorious in 2015 after raising the price of an aids drug from $13.50 per pill to $750 per pill. >>> stay with us everyone. still ahead on "eyewitness news," honoring our veterans. how delaware county celebrated those who have served and also made the ultimate sacrifice. >>> plus, it's amazing what people can do. why this crowd banned together to lift a car off a man who was trapped below. >>> and later a yo-yo whiz kid is taking the nation by storm. where he's headed to represent the u.s. and how he learned all of his amazi >> ♪ >> well, check out this incredible police dashcam video of bystanders working hard now to rescue a person pinned under a vehicle in atlanta. police say it all started with a shooting. the man who became
. >>> former pharmaceutical executive martin shkreli has been convicted. brooklyn jury deliberated for five years before convicting shkreli on three of the eight counts. the case focused on allegations that he blew investors money on bad stock picks before raiding his drug company of stock and cash to pay them back. shkreli became notorious in 2015 after raising the price of an aids drug from $13.50 per pill to $750 per pill. >>> stay with us everyone. still ahead on...
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08/17
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martin shkreli and his day in court.hat the jury decided and what it means for the very controversial ceo. >> this was a witch hunt of epic proportions and maybe they found one or two broom sticks, but at the end of the day, we've been acquitted of the most important charges. >> a day after being found guilty of three out of eight charges for defrauding his invests, the guy known as pharma bro, martin shkreli, shockingly not expressing any public remorse, facing up to 20 years for his crime. he has taken to youtube after the verdict, told he was quote, one of the richest new yorkers there is, and it's going to stay that way. prosecutors beg to differ, accusing him of lying to his clients and moving money around in a ponzi scheme. >> the work of our office and the fbi on this and in many other cases demonstrates our resolve to protect the investing public and our markets from fraud and abuse. >> my invests made three to five times their money without any aid of any settlement agreement, some made ten times or more than th
martin shkreli and his day in court.hat the jury decided and what it means for the very controversial ceo. >> this was a witch hunt of epic proportions and maybe they found one or two broom sticks, but at the end of the day, we've been acquitted of the most important charges. >> a day after being found guilty of three out of eight charges for defrauding his invests, the guy known as pharma bro, martin shkreli, shockingly not expressing any public remorse, facing up to 20 years for...
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Aug 4, 2017
08/17
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BLOOMBERG
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after deliberating five days, a brooklyn jury found martin shkreli
after deliberating five days, a brooklyn jury found martin shkreli
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a brooklyn jury deliberated for five days before convicting shkreli on three of the eight counts.ase focused mainly on allegations that he blew investors money on bad stock picks before raiding his drug company of stock and cash to pay them back. shkreli became notorious in 2015 after raising the price of an aids drug from $13.50 per pill to $750 per pill. >>> stay with us everyone. still ahead on "eyewitness news" tonight a pig with an escape plan. how this massive hog ended up on the side of a washington state freeway and how passersby kept him safe. >>> plus -- >> i couldn't do this for years. i come down and i would start crying. >> veterans honoring veterans and how these men are still healing with every bucket of soap and water. chelsea. >> another gorgeous day on tap this weekend but will it last? i'll let you know when storms might return in your full forecast. >> and straight ahead in sports, usain bolt runs his last individual race. how the lightning fast legend performed in london for >> ♪ >> welcome back everyone. check out this incredible police dashcam video of bysta
a brooklyn jury deliberated for five days before convicting shkreli on three of the eight counts.ase focused mainly on allegations that he blew investors money on bad stock picks before raiding his drug company of stock and cash to pay them back. shkreli became notorious in 2015 after raising the price of an aids drug from $13.50 per pill to $750 per pill. >>> stay with us everyone. still ahead on "eyewitness news" tonight a pig with an escape plan. how this massive hog ended...
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Aug 2, 2017
08/17
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KRON
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shkreli is best known for hiking up the price of a life-saving drug...and then for trolling his critics on social media. shkreli could face up to 20 years in prison... but will likely receive far shorter sentence. jurors will continue delibarting tomorrow. (pam) new at 8. a tennessee bride is arrested just hours after saying " i do"... when police say, she pointed a gun at her groom. 25-year-old kate prichard and her husband were arguing at a motel ...when prichard pulled out a nine- millimeter handgun .. police say... she pointed the gun at her husband's head and pulled the trigger...luckily the weapon wasn"t loaded. prichard then loaded a round in the chamber and fired a shot in the air. she was arrested on an aggravated domestic assault charge. ahead at eight.. if you are insured by covered california... get ready to start paying more for your insurance. we'll explain how much more expensive it will be just ahead. plus there's a new leader of the f-b-i. we'll tell you more about the man voted into office today. ((brittney tease))i'm kron 4 meteorologi
shkreli is best known for hiking up the price of a life-saving drug...and then for trolling his critics on social media. shkreli could face up to 20 years in prison... but will likely receive far shorter sentence. jurors will continue delibarting tomorrow. (pam) new at 8. a tennessee bride is arrested just hours after saying " i do"... when police say, she pointed a gun at her groom. 25-year-old kate prichard and her husband were arguing at a motel ...when prichard pulled out a nine-...
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Aug 4, 2017
08/17
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. >>> and martin shkreli, found guilty. still tonight, he and his legal team are celebrating the verdict, calling it a witch hunt and his lawyer smiling, predicting one day he would develop a cure for children. here's linsey davis. >> reporter: the so-called bad boy of pharmaceuticals, martin shkreli found guilty of securities fraud today and still defiant. >> this was a witch hunt of epic proportions and they found one or two broomsticks but at the end of the day we've been acquitted of the most important charges. >> we're gratified of the jury's verdict. justice has been served. >> reporter: infamously outspoken, he live streamed after the verdict. he has always been quick to write off his critics. one of the headlines, saying you were the most hated man in america. >> i'm not a greedy person. >> martin is a brilliant young man, but sometimes people skills don't translate well. >> reporter: the defense claimed there were no victims, in the end, no one lost any money. and putting him in jail would be a mistake. >> linsey,
. >>> and martin shkreli, found guilty. still tonight, he and his legal team are celebrating the verdict, calling it a witch hunt and his lawyer smiling, predicting one day he would develop a cure for children. here's linsey davis. >> reporter: the so-called bad boy of pharmaceuticals, martin shkreli found guilty of securities fraud today and still defiant. >> this was a witch hunt of epic proportions and they found one or two broomsticks but at the end of the day we've...
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Aug 5, 2017
08/17
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. >> mason: martin shkreli, the widely reviled former pharmaceutical c.e.o.s facing as much as 20 years in federal prison. he was convicted in new york today on three counts of securities fraud and conspiracy. shkreli was acquitted of five other counts and wore his trademark smirk outside court. prosecutors say he looted one of his drug companies to pay back investors in his hedge fund as it collapsed. this was not related to shkreli's action in 2014 to jack up the price of a life-saving drug by more than 5,000%. nobody likes a rain delay at a ball game, especially the players. so when the tarp came out yesterday at wrigley field, the chicago cubs bullpen passed the time by playing dress-up. not to be outdone, the arizona diamondbacks recreated the four- man bobsled, complete with twists and turns. one cubs pitcher went fishing and got a bite. but arizona won the competition with some human bowling, knocking down the extremely challenging 7-10 split. wait for it. there it goes. all right, steve hartman is on deck now with a mission to rescue fading musical me
. >> mason: martin shkreli, the widely reviled former pharmaceutical c.e.o.s facing as much as 20 years in federal prison. he was convicted in new york today on three counts of securities fraud and conspiracy. shkreli was acquitted of five other counts and wore his trademark smirk outside court. prosecutors say he looted one of his drug companies to pay back investors in his hedge fund as it collapsed. this was not related to shkreli's action in 2014 to jack up the price of a life-saving...
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martin shkreli, found guilty of lying to his investors. once accused of hiking the price of a life-saving drug by 5,000%. still tonight, he and his legal team are celebrating the verdict, calling it a witch hunt and his lawyer smiling, predicting one day he would develop a drug, a cure for children. here's linsey davis. >> reporter: the so-called bad boy of pharmaceuticals, martin shkreli, found guilty yet still defiant. >> this was a witch hunt of epic proportions and they found one or two broomsticks but at the end of the day we've been acquitted of the most important charges. >> reporter: after nearly a month of testimony, the jury took five days to convict him of three of the eight counts of securities and wire fraud he was facing. >> we're gratified of the jury's verdict. justice has been served. >> reporter: infamously outspoken, and notorious for raising the price of a life-saving drug 5,000%, he live streamed from his home right after the verdict. >> i'm one of the richest new yorkers there is, and after today's outcome, that's goi
martin shkreli, found guilty of lying to his investors. once accused of hiking the price of a life-saving drug by 5,000%. still tonight, he and his legal team are celebrating the verdict, calling it a witch hunt and his lawyer smiling, predicting one day he would develop a drug, a cure for children. here's linsey davis. >> reporter: the so-called bad boy of pharmaceuticals, martin shkreli, found guilty yet still defiant. >> this was a witch hunt of epic proportions and they found...
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Aug 7, 2017
08/17
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KRON
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after five days of deliberations, a new york jury found shkreli guilty on less than half the charges.ost serious count - securities fraud.martin shkreli, convicted of securities fraud:"this was a witch hunt of epic proportions. maybe they found one or two broomsticks but at the end of the day, we've been acquitted of the most important charges in this case and im delighted to report that."this wasn't the first time shkreli called his case a witchhunt, posting this on facebook during the trial:"my case is a silly witch hunt perpetrated by self-serving prosecutors. ending that post with- "drain the swamp, drain the sewer that is the doj. maga"a reference to president trump's slogan- make america great again.in january - the pharma bro - as shkreli nicknamed himself - was kicked off twitter and periscope for making unwanted advances toward a magazine editor.when asked about his continued social media use, his lawyer said they were having ongoing discussions about that. benjamin brafman, martin shkreli's attorney:"martin is a brilliant young man, but sometimes his people skills don't tran
after five days of deliberations, a new york jury found shkreli guilty on less than half the charges.ost serious count - securities fraud.martin shkreli, convicted of securities fraud:"this was a witch hunt of epic proportions. maybe they found one or two broomsticks but at the end of the day, we've been acquitted of the most important charges in this case and im delighted to report that."this wasn't the first time shkreli called his case a witchhunt, posting this on facebook during...
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Aug 1, 2017
08/17
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prosecutors claim shkreli ran his former companies two hedge funds and a pharmaceutical company like a ponzi scheme aledging after he lost millions of investor money he looted a second pharmaceutical company to pay those investors back. but the defense trying to patient shkreli as a visionary countered there were no victims, that in the end no one lost any money. much to his lawyer's dismay since his arrest in 2015 shkreli has continued to respond to his critics on social media. >> i don't really care about people hating me. >> reporter: while shkreli faces up to 20 years in prison he would likely receive far less time under sentencing guidelines but it appears he still has his sense of humor referencing the latest white house shake-up he posted on facebook that he is in for comms director. >> he is shameless. >> big trump supporter as well taking it in stride. >> i don't think stranger things have happened. >> not yet. >> thanks very much. >>> now to the search for two missing hikers. a young couple trekking at the ja joshua tree national park and we have the latest. >> reporter: ov
prosecutors claim shkreli ran his former companies two hedge funds and a pharmaceutical company like a ponzi scheme aledging after he lost millions of investor money he looted a second pharmaceutical company to pay those investors back. but the defense trying to patient shkreli as a visionary countered there were no victims, that in the end no one lost any money. much to his lawyer's dismay since his arrest in 2015 shkreli has continued to respond to his critics on social media. >> i...
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we appreciate it. >>> former hedgeman martin shkreli faces up to 20 years on securities fraud. he gained notoriety for raising the price of a drug 5,000%. tony dokoupil is here with the detai details, good morning. >> shkreli became the focus after he drastically raise the price of a drug but that's not exactly what got him in trouble with the law. shkreli who was cast as wolf of wall street walked sheepishly out of court as he tried to spin his securities fraud and conspiracy. >> five out of eight counts in our view is a very good verdict. >> reporter: he misled everyone about his hedge funds. >> this was a witch hunt of epic proportions and maybe they found one or two broomsticks, but at the end of the day, he's been acquitted of most of the charges and i'm glad to report that. >> reporter: most famously back in 2015 when as ceo of turning pharmaceuticals, he raised the price of a drug from $13.50 to $750 per pill. >> on the advice of counsel, i invoke my fifth amendment privilege. >> shkreli a peered amused at times. >> are you listening? >> yes. >> reporter: but he defended
we appreciate it. >>> former hedgeman martin shkreli faces up to 20 years on securities fraud. he gained notoriety for raising the price of a drug 5,000%. tony dokoupil is here with the detai details, good morning. >> shkreli became the focus after he drastically raise the price of a drug but that's not exactly what got him in trouble with the law. shkreli who was cast as wolf of wall street walked sheepishly out of court as he tried to spin his securities fraud and conspiracy....
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Aug 5, 2017
08/17
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. >> we hear martin shkreli's fraud conviction. >> plus mud, evacuations out west as the earth slides. and the scare before getting into the air. we have video of a fire ball on an american airline jet and the panic escaping the jet. cecily? >> we have a gorgeous weekend. i have the detail on what to expect including the shore and the poconos in the seven-day forecast. >> phillys in colorado. we have highlights when "action ne >> other news tonight, evacuation orders have been lifted in mayor, arizona after monsoon rain and flooding led to mudslides. you see how quickly it moves across dry land. the danger has now passed. >> seconds from disaster, video just released "today shows" a fire ball erupting from the engine of an american airlines plane as the 767 axel brate accs down the runway at o'hare. last october passengers scrambled to the emergency exits. 20 people were hurt. we are seeing the first glimpse of the emergency response as the firefighters doused the jet. investigators believe a fractured fan disk punctured the fuel line. >> martin ver shkreli raised the cost of a drug 5
. >> we hear martin shkreli's fraud conviction. >> plus mud, evacuations out west as the earth slides. and the scare before getting into the air. we have video of a fire ball on an american airline jet and the panic escaping the jet. cecily? >> we have a gorgeous weekend. i have the detail on what to expect including the shore and the poconos in the seven-day forecast. >> phillys in colorado. we have highlights when "action ne >> other news tonight, evacuation...
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Aug 5, 2017
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shkreli.... nicknamed "pharma bro" on social media....rew national 'scorn' two- years ago, when, as the c-e-o of turing pharmaceuticals, he unapologetically raised the price of an aids drug from 13- dollars- 50 cents per pill .... to 7-hundred-50 dollars per pill. that incident is unrelated to the fraud case. in fremont... a man returns to his storage warehouse after being out of state on business for almost a year... only to find out that his unit had been burglarized while he was gone... and, the loss is roughly estimated at nearly three million dollars. the victim says the thieves got away with expensive guitars... one of which once belonged to famed musician jerry garcia. collectibles from john lennon and others are also gone. the victim is offering a 100-thousand dollar reward for information to solve this case. in fremont, philippe djegal, kron four news. here at the bay fair bart station in san leandro, bart passengers are questioning why bart police will not relase surveillance video of a suspect who attacked a man on a train here
shkreli.... nicknamed "pharma bro" on social media....rew national 'scorn' two- years ago, when, as the c-e-o of turing pharmaceuticals, he unapologetically raised the price of an aids drug from 13- dollars- 50 cents per pill .... to 7-hundred-50 dollars per pill. that incident is unrelated to the fraud case. in fremont... a man returns to his storage warehouse after being out of state on business for almost a year... only to find out that his unit had been burglarized while he was...
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on social media. >> i don't really care about people hating me. >> reporter: while shkreli faces up to 20 years in prison, he would likely receive far less time under sentencing guidelines but it appears he still has his sense of humor referencing the latest white house shake-up he posted on facebook that he is in for comms director. >> wow, he is shameless. >> stranger things have happened though, right? but he is a big trump supporter as well, taking this all in stride. >> i don't think stranger things have happened. >> not yet. >> thanks very much. >>> we're going to turn now to the search for two missing hikers. a young couple who were trekking at the joshua tree national park in california, searchers scouring the area. abc's jim avila has the latest. >> reporter: overnight, search and rescue teams looking for a missing couple who vanished at joshua knee national park in california. >> as far as resources we've thrown everything we can to find these two young people. >> reporter: park officials say 20-year-old rachel nguyen and 21-year-old joseph orbeso went hiking last thursday
on social media. >> i don't really care about people hating me. >> reporter: while shkreli faces up to 20 years in prison, he would likely receive far less time under sentencing guidelines but it appears he still has his sense of humor referencing the latest white house shake-up he posted on facebook that he is in for comms director. >> wow, he is shameless. >> stranger things have happened though, right? but he is a big trump supporter as well, taking this all in...
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Aug 5, 2017
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shkreli, however, was found not guilty today on five of eight charges, and he praised that outcome. >m delighted the jury did their job. they saw the facts as they were. this was a witchhunt of epic proportions, and maybe they found one or two broomsticks, but at the end of the day we've been acquitted of the most important charges of this case. and i'm delighted to report that. >> woodruff: shkreli could face up to 20 years in prison, but legal experts expect a lighter sentence. and, the british security researcher credited with stopping a global cyber-attack back in may was due in court today, on unrelated hacking charges. 22-year-old marcus hutchins was arrested in las vegas this week, for allegedly distributing software years ago, to collect bank account passwords. hutchins helped control the so-called "wanna-cry" attack that crippled thousands of computers. still to come on the newshour: stopping superbugs-- the search for profitable ways to create new antibiotics. mark shields and david brooks take on the week's news. a visit to one of the country's first folk festivals. and, mu
shkreli, however, was found not guilty today on five of eight charges, and he praised that outcome. >m delighted the jury did their job. they saw the facts as they were. this was a witchhunt of epic proportions, and maybe they found one or two broomsticks, but at the end of the day we've been acquitted of the most important charges of this case. and i'm delighted to report that. >> woodruff: shkreli could face up to 20 years in prison, but legal experts expect a lighter sentence. and,...
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Aug 6, 2017
08/17
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an hour after his conviction shkreli...nicknamed "pharma bro" on social media -- live-streamed himself... drinking beer and bragging about his wealth. two- years ago, when, as the c-e-o of turing pharmaceutical s, he raised the price of an aids drug from 13-dollars- 50 cents per pill .... to 7- hundred-50 dollars per pill. the judge continued the 34-year old $5-million dollar bail, allowing him to stay out of prison. no sentencing date was set. (justine) turning to weather now, meteorologist lawrence karnow has our forecast. lawrence karnow: it's a cooler start to the weekend as low clouds were slow to clear today. gone are the triple digit temperatures and 80s and 90s have returned. the fog is moving back on shore as the sea breeze picked up this afternoon. if you're going out tonight expect increasing clouds with drizzle and maybe even a few sprinkles even in the north bay. you can see the monsoonal clouds and thunderstorms over the sierra while fog is moving in along the coast. on the satellite image you can see that sma
an hour after his conviction shkreli...nicknamed "pharma bro" on social media -- live-streamed himself... drinking beer and bragging about his wealth. two- years ago, when, as the c-e-o of turing pharmaceutical s, he raised the price of an aids drug from 13-dollars- 50 cents per pill .... to 7- hundred-50 dollars per pill. the judge continued the 34-year old $5-million dollar bail, allowing him to stay out of prison. no sentencing date was set. (justine) turning to weather now,...
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Aug 5, 2017
08/17
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. >> we hear martin shkreli's fraud conviction. >> plus mud, evacuations out west as the earth slides. and the scare before getting into the air. we have video of a fire ball on an american airline jet and the panic escaping the jet. cecily? >> we have a gorgeous weekend. i have the detail on what to expect including the shore and the poconos in the seven-day forecast. >> phillys in colorado. we have highlights when "action news" continues tonight. ♪ ♪ for years, fios has been promising fast internet to small businesses. but for many businesses, it's out of reach. why promise something you can't deliver? comcast business is different. ♪ ♪ we deliver super-fast internet with speeds of 250 megabits per second across our entire network, to more companies, in more locations, than fios. we do business where you do business. ♪ ♪ where you do business. you can do endless move 201online research.t, or, you can take advantage of our best offer ever on an xt5. don't wait. our 2017 models will be moving fast. you can drive a car... or you can drive a cadillac. come in now before the end of our m
. >> we hear martin shkreli's fraud conviction. >> plus mud, evacuations out west as the earth slides. and the scare before getting into the air. we have video of a fire ball on an american airline jet and the panic escaping the jet. cecily? >> we have a gorgeous weekend. i have the detail on what to expect including the shore and the poconos in the seven-day forecast. >> phillys in colorado. we have highlights when "action news" continues tonight. ♪ ♪ for...
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Aug 15, 2017
08/17
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FBC
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shkreli and mr.ome together to highlight the issue of drug prices what this president is going to do about it. >> there we are. >> an issue not going away. >> i don't think that ceos should be injecting their personal politics when they represent the company on advisory council. >> not doing anything for shareholders, by the way, what are you doing for shareholders when you take your set a away from the table you lost voice in policy. >> i could see you are not defending my interests i am owner a shareholder you are putting your the personal politics ahead might have interests. >> exactly. >> don't do it. >> see you 10 minutes begins top of the hour 9:00 a.m. are eastern after "mornings with maria" i think you agree with that as well don't you in terms of putting your own personal policy? >> i think as i said earlier i think the all these committees are subject to questions to begin with. but i think that to the extent that the head of merck had opinion never should have been on there first place. >>
shkreli and mr.ome together to highlight the issue of drug prices what this president is going to do about it. >> there we are. >> an issue not going away. >> i don't think that ceos should be injecting their personal politics when they represent the company on advisory council. >> not doing anything for shareholders, by the way, what are you doing for shareholders when you take your set a away from the table you lost voice in policy. >> i could see you are not...
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Aug 7, 2017
08/17
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government witnesses during the trial testified that they were mislead by shkreli about the funds andor long periods of time to get their money back and were unable to but that ultimately shkreli repaid them and then some. the fact that investors made money complicated the case and may have implications for shkreli's sentence despite the three guilty verdicts claimed victory on friday >> i think ben said it all you know, we're, i think, delighted in many ways with this verdict. count seven was the government attempt to theorize that i robbed peter to pay paul and the jury has spoken that i did not defraud. investors made three to five times their moneywithout any aid of any settle comment agreement. so i made ten times or more than that of their original investment after they did receive settlements. the jury did their job and saw the facts. >> shkreli could face 20 years in prison but he would seek much less, potentially no jail time the so-called pharma bro was already back on social media friday afternoon live streaming from his apartment while he drank a beer, no sentencing date h
government witnesses during the trial testified that they were mislead by shkreli about the funds andor long periods of time to get their money back and were unable to but that ultimately shkreli repaid them and then some. the fact that investors made money complicated the case and may have implications for shkreli's sentence despite the three guilty verdicts claimed victory on friday >> i think ben said it all you know, we're, i think, delighted in many ways with this verdict. count...