Posts tagged SEC

Martin Shkreli Accused of Being Surprisingly Good at Fraud

Bloomberg, Shkreli, fraud, investment, Wu Tang, SEC

Here are the criminal indictment and Securities and Exchange Commission complaint against Martin Shkreli, who was arrested today not for jacking up prices for lifesaving drugs, not for buying the only copy of a Wu-Tang Clan album and not listening to it, not for being generally vile on Twitter and in interviews, but just for garden-variety securities fraud. Here’s how the indictment describes the early going at Shkreli’s second hedge fund, MSMB Capital

http://www.bloombergview.com/articles/2015–12–17/martin-shkreli-accused-of-being-surprisingly-good-at-fraud