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Post by bradleysbest on Dec 17, 2015 10:32:12 GMT -5
Allegedly, Shkreli made secret payoffs and set up fraudulent consulting arrangements conspiring with New York lawyer Evan Greebel, who was also arrested for his part in the scheme. Retrophin sued Shkreli in August, accusing Shkreli of misusing company funds, saying that he had arranged numerous transactions between MSMB investors and Retrophin.
Retrophin is asking for $65 million as well as unspecified amounts of Shkreli’s past compensation. Shkreli responded to the lawsuit, saying, “The $65 million Retrophin wants from me would not dent me. I feel great. I’m licking my chops over the suits I’m going to file against them.”
He will be licking something else in jail!
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Post by kc on Dec 17, 2015 10:37:01 GMT -5
Wow! This Guy Capers was Just appointed yesterday....
Senate Confirms Robert Capers as U.S. Attorney for Eastern District of New York
By STEPHANIE CLIFFORDDEC. 16, 2015 The Senate on Tuesday confirmed Robert L. Capers to be the United States attorney for the Eastern District of New York, a high-profile office known for prosecuting terrorism cases, Mafia leaders, sex-trafficking and white-collar crimes.
Mr. Capers is a longtime prosecutor in the office, which covers Brooklyn, Queens, Staten Island and Long Island. In May, Senator Chuck Schumer recommended Mr. Capers to replace Loretta E. Lynch, who left to become the United States attorney general.
In October, the White House nominated Mr. Capers for the post.
Mr. Capers, 45, who has worked as a prosecutor for the government for his entire career, has a family background in law enforcement: His father and brother both worked for the New York Police Department.
In a statement, Mr. Schumer described him as “experienced, professional, and utterly dedicated both to the law and to the Eastern District.”
Carl W. Tobias, a professor at the University of Richmond School of Law, who studies federal appointments, said in an email that “Capers may be low profile, but like Lynch he has been in the trenches as a prosecutor.”
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Post by liane on Dec 17, 2015 10:48:53 GMT -5
For the record - I'm being very liberal in what I'm allowing to be posted in this thread today - because frankly, I can't think of one kind thing to say about Shkreli. Please don't abuse my generous mood and turn this in to a YMB type free for all. Thanks!
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Post by rockstarrick on Dec 17, 2015 11:19:02 GMT -5
It's halted now, I was going to short it.
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Post by rockstarrick on Dec 17, 2015 11:22:30 GMT -5
Shkreli arrested per cnbc securities fraud the charge. I guess this means he won't be our new CEO as one member was wishing for. Look at the shareholder value he has created now !! Longs will need a go fund me account when KBIO resumes trading.
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Post by rockstarrick on Dec 17, 2015 11:26:33 GMT -5
You know how the plea agreements work, turn in your associates and cooperate and get favorable treatment I dont see him ratting. Not in the slightest bit. Albanians are a tough breed and he welcomed the negative attention and faced it head on. Yes, you were the one claiming what a genius he was, and how he creates shareholder value. Now watch as longs lose all their money when KBIO resumes trading. I feel bad for those investors, but overjoyed this crook is in jail.
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Post by blindhog1 on Dec 17, 2015 11:31:34 GMT -5
Shkreli arrested per cnbc securities fraud the charge. Merry Christmas Everybody
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Post by bradleysbest on Dec 17, 2015 11:33:32 GMT -5
Sorry Liane I could not resist....
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Post by rockstarrick on Dec 17, 2015 11:35:18 GMT -5
For the record - I'm being very liberal in what I'm allowing to be posted in this thread today - because frankly, I can't think of one kind thing to say about Shkreli. Please don't abuse my generous mood and turn this in to a YMB type free for all. Thanks! YOU ROCK !!!!
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Post by ezrasfund on Dec 17, 2015 11:35:38 GMT -5
Now the Feds have a search warrant and can review everything on his computers and all of his files. It is here that there may be some collateral damage that helps bring down a few other players. Might just one e-mail contain mention of intentional market manipulation?
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Post by harryx1 on Dec 17, 2015 11:37:30 GMT -5
#ScumBag
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Post by rockstarrick on Dec 17, 2015 11:43:50 GMT -5
#ScumBag Usually it's not good when the people arresting are wearing suits and ties.
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Post by bradleysbest on Dec 17, 2015 11:44:21 GMT -5
Martin meet your cell mate, Ben Dover 6'6" 275 lbs of muscle....Notice he is not smiling!
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Post by greg on Dec 17, 2015 11:44:27 GMT -5
It's halted now, I was going to short it. I was going to short it, too. lol. Investing is so easy when the stock price doesn't yet reflect new developments. The question is how brave you'll be when the stock opens at $5 or wherever it opens??? The company may actually be worthless given the large debt load.
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Post by Actual Investor on Dec 17, 2015 11:45:10 GMT -5
This picture is the new background on my computer!!
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