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America’s Most Hated Man, Who Raised The Price Of AIDS Drugs Arrested
Turing Pharmaceuticals CEO Martin Shkreli who earned the title ‘America’s most hated man in September’, when he jacked up the price of the anti-parasitic drug Daraprim, that benefits AIDS patients, pregnant women and cancer patients from $13.50 to $750 has been arrested.It is alleged he illegally used stock from the biotechnology firm he owned, Retrophin Inc. to pay off debts related to his struggling hedge fund and to pay back angry investors.
He is being charged with seven counts of fraud for running what United States Attorney Robert L. Capers of the Eastern District of New York is calling a Ponzi scheme.
Shkreli, 32, pleaded not guilty to these allegations and was released on a $5million bond after being arraigned in federal court in Brooklyn Thursday afternoo
He faces a maximum sentence of 20 years in prison if convicted.
Posted by Staffreporter (online)
on December 18, 2015. Filed under World.
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New Educated Zambia©❤√
December 18, 2015 at 4:32 pm
I smell a rat here. It is a capitalist world and this man is free to increase the price of his drug. The issue here is that governments and states are not doing much to reduce the infection rates. We have foolish leaders especially here in zambia who are more interested in building roads and stealing resources. This man is just teaching them a lesson
Kambwili
December 18, 2015 at 6:03 pm
kikikikikiki NEZ guess what? i used to feel iritated with your coments regarding important issues but now i have accepted your madness and stupid. kikikikiki. you know what you should thanks we the editors of tumfweko for respecting peoples opinion on each top. Imagine if was the one insult your ka under five presedent Ka HH at ZWD. they not publish my coments as long as it is contraly to tonga chaps. lastly you re also welcome to free desplay your stupid to with that beach ka hilda malala at ZR & LT respectively. kikikiki NEZ i like man keep entertaining me kikkik
Kambwili
December 18, 2015 at 6:05 pm
Iwe nez hahaha kikiki NEZ guess what? i used to feel iritated with your coments regarding important issues but now i have accepted your madness and stupid. kikikikiki. you know what you should thanks we the editors of tumfweko for respecting peoples opinion on each top. Imagine if was the one insult your ka under five presedent Ka HH at ZWD. they not publish my coments as long as it is contraly to tonga chaps. lastly you re also welcome to free desplay your stupid to with that beach ka hilda malala at ZR & LT respectively. kikikiki NEZ i like man keep entertaining me kikkik
Lima
December 18, 2015 at 6:27 pm
A lot of pipo depend on the said drug so ba nez dnt make a joke out of it
New Educated Zambia©❤√
December 18, 2015 at 7:18 pm
yes and alot of people depend on the government to use resources prudently and wisely as we pay taxes to the government. We trust them and yet they cannot even provide basic medical facilities. So really who is worse? this man does not owe you nor I anythign and yet the government does! wake up mistele
cleomwaume
December 19, 2015 at 2:37 pm
it interesting to blog NEZs nosensical utterances. go go NEZ
eng
December 19, 2015 at 3:24 pm
This guy wants to kill us.hw d u increase price like that. Even in zmw its too much
mwaba masando
December 20, 2015 at 8:33 pm
re-arrest him and hand him over to us pf caders so that we remove his madness kapena selfishness
ZAOFF
December 21, 2015 at 1:18 pm
I thank the Zambian government for providing free ARVs and other drugs related to cancer and pregnacies. I wonder if NEZ is really educated. NEZ can’t recognise the importance of Roads in economic development.
With regards to Martin’s fraud, it is Unfortunetely that he can only be interest in profit making rather than the health of mankind. €13.50 to €750 increase is too much.