Get All Access for $5/mo

The Most Hated Man in America Martin Shkreli May Face New Charges Need a reason to smile? The price-gauging pill salesman could be in deeper legal trouble than he thought.

By Entrepreneur Staff

Eduardo Munoz Alvarez / Stringer | Getty Images

Remember Martin Shkreli, the charming former CEO of Turing Pharmaceuticals, who jacked up the price of AIDS and cancer drug Daraprim from $13.50 to $750 a pill? When he appeared in U.S. District Court in Brooklyn today on existing fraud charges, it was revealed that he may face an additional indictment as well. (How the crowd didn't erupt into applause we don't quite understand.)

The details of the new indictment were not made public, but given that he was arrested last December on multiple charges of securities and wire fraud, we'll guess that they are nothing to be proud of.

RELATED: 5 PR Tips for Martin Shkreli AKA the 'Most-Hated Man' in America

Speaking to reporters, Shkreli's attorney Ben Brafman said in part, "I think today was a good day for Martin Shkreli." Really? It's "a good day" when you get new charges piled on your old charges? Oh Marty, we're glad this guy is your lawyer.
Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Branding

ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

Business News

Apple Reportedly Isn't Paying OpenAI to Use ChatGPT in iPhones

The next big iPhone update brings ChatGPT directly to Apple devices.

Business News

Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Clément Delangue, the CEO of Hugging Face, a $4.5 billion startup, says he gets at least 10 acquisition requests a week and it's "increased quite a lot."

Business News

You Can Now Apply to Renew Your U.S. Passport Online — But There's a Catch

The U.S. State Department officially launched the beta program this week.

Business News

Sony Pictures Entertainment Purchases Struggling, Cult-Favorite Movie Theater Chain

Alamo Drafthouse originally emerged from bankruptcy in June 2021.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.