U.S. Government Sells Wu-Tang Clan Album Forfeited By Convicted Hedge Fund Manager Martin Shkreli
It was previously ordered to be forfeited as a substitute asset in connection with the close to $7.4 million forfeiture judgement against Shkreli.
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It was previously ordered to be forfeited as a substitute asset in connection with the close to $7.4 million forfeiture judgement against Shkreli.
Shkreli was convicted of defrauding investors in two hedge funds.
"I was wrong, I was a fool. I should have known better," Shkreli wrote in his letter to Brooklyn federal court Judge Kiyo Matsumoto.
"Pharma Bro'' Martin Shkreli was back in court Friday for a hearing about whether he should forfeit millions of dollars in assets.
A judge ruled the provocative online antics of Shkreli, who is awaiting sentencing for a securities fraud conviction, were bad enough to put him behind bars.
Less than an hour after a U.S. jury convicted Martin Shkreli of securities fraud, the so-called ``Pharma Bro'' was back at his New York City apartment doing what comes naturally: trash talking in a live-stream on YouTube.
Martin Shkreli's trolling of his own trial has amused some onlookers. But legal experts say it could have serious consequences when it comes time for sentencing.
The former biotech CEO, nicknamed "Pharma Bro," is best known for hiking up the price of a life-saving drug and for trolling his critics on social media.
A defendant in a money laundering case has at least two things in common with "Pharma Bro" Martin Shkreli -- the same name and the same judge.
Jurors are on their fourth day of deliberations at the securities fraud trial of former pharmaceutical company CEO Martin Shkreli.
Tuesday marked the second day of jury deliberations in the securities fraud trial of former pharmaceutical boss Martin Shkreli.
On Friday, the jury heard closing arguments by prosecutors accusing Shkreli of looting his own drug company to pay back disgruntled investors in two failed hedge funds he ran.
The jury sat through four and a half weeks of testimony on fraud charges dealing with a hedge fund, although it has nothing to do with the company Shkreli is most famous for.
Prosecutor Alixandra Smith told a jury Thursday that Shkreli repeatedly lied to investors about how much money was in one of the funds as it was going under.
The jury in the securities fraud trial of "Pharma Bro" Martin Shkreli won't be hearing from the former biotech CEO.
Lawyers for Shkreli complained Tuesday that news coverage is tainting the jury pool.
Federal prosecutors say Shkreli, who sparked outrage in 2015 when he increased the price of a life-saving drug used by AIDS patients from $13 to $750, cheated investors out of millions in a Ponzi scheme.
Embattled pharmaceutical executive Martin Shkreli is giving some people what they want -- a chance to punch him in the face.
Prosecutors have filed additional criminal charges against Martin Shkreli, the pharmaceutical executive who separately was criticized for raising the price of a lifesaving malaria medication.
A Long Island artist has sued ex-pharmaceutical CEO Martin Shkreli and others over use of his art in a Wu-Tang Clan album.
Pharmaceutical chief Martin Shkreli refused to testify Thursday in an appearance before U.S. lawmakers who excoriated him over severe hikes for a drug sold by a company that he acquired.
Bad-boy ex-pharmaceutical company CEO and prolific social media user Martin Shkreli has been muzzled.
Martin Shkreli, the pharmaceutical executive arrested Thursday on charges of securities fraud related to a company he previously ran, has resigned as the head of one of the companies he now runs, Turing Pharmaceuticals.
Former hedge fund manager and controversial pharmaceutical company CEO Martin Shkreli has pleaded not guilty through his lawyer to securities fraud charges.
Iran releases video showing commandos seizing ships in the Strait of Hormuz as Trump remains largely silent on his next move in the war.
A father and son were arrested after police say they found chemicals combined to make explosives at their Syosset home on Long Island.
A Bronx man who says he was violently arrested by the NYPD is now taking legal action.
The Mets snapped their 12-game losing streak Wednesday night, beating the Minnesota Twins 3-2.
D.C. United played the New York Red Bulls to a 4-4 tie on Wednesday night.
A Bronx man who says he was violently arrested by the NYPD is now taking legal action.
Ticketmaster will be rereleasing tickets for Harry Styles' upcoming concerts in New York City that were originally purchased by scalpers, the company says.
An out-of-service escalator at Jamaica Station in Queens is reviving complaints that date back years.
The head of a housing nonprofit in Harlem was arrested after residents complained over delayed repairs.
Scientists say New York's coastal waters are experiencing some of the most severe threats on record, and they're not just environmental.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
Colder weather returns to the New York City area this week with sub-freezing temperatures in the suburbs.
New York City's balmy weather proved to be record-breaking for the date of April 15.
Parts of the New York area could see record high temperatures during a summerlike stretch of weather this week.
A major warmup, featuring summer-like temperatures in the 80s, will take over the Eastern Seaboard beginning Monday.
Travelers at Newark Airport may have been exposed to an individual with measles, New Jersey health officials warn.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
Rutgers University police say a sexual assault happened in Parking Lot 26 on Bartlett Street just after 5 a.m. on Saturday.
The horse captured on incredible body-cam footage last week of an NYPD mounted officer chasing down a suspected purse snatcher was rescued from slaughter off a racetrack.
The pop-up JBJ Soul Kitchen at the Ocean County Library in Toms River, N.J. will shut down at the end of the month.
A father and son were arrested after police say they found chemicals combined to make explosives at their Syosset home on Long Island.
Scientists say New York's coastal waters are experiencing some of the most severe threats on record, and they're not just environmental.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
A crackdown on gang violence in Nassau County is delivering results with nearly three dozen arrests in the last week, police said.
Rex Heuermann admitted in court earlier this month that he strangled all his victims to death, but his ex-wife Asa Ellerup heard his confession prior to his plea.
Republican Rep. Mike Lawler is asking a judge to kick a Democrat off the ballot in the 17th Congressional District, due to alleged fraud.
New York City Mayor Zohran Mamdani announced thousands of New York City Housing Authority apartments will get upgraded utilities.
New York City Council member Chi Ossé was arrested in Brooklyn Wednesday morning, the NYPD confirmed.
What is New York City doing to keep day cares safe, and how will safety play into the mayor's plans for universal child care across the city?
There are some out there who believe Mayor Mamdani may have been the catalyst for the Mets' current 11-game losing streak.
Travelers at Newark Airport may have been exposed to an individual with measles, New Jersey health officials warn.
The Tri-State Area has the dirtiest air in the U.S. east of Texas, according to The American Lung Association's newly released "State of the Air" report.
The 16th Annual Lustgarten Foundation New York City Walk for Pancreatic Cancer Research was held Sunday in Battery Park City.
Advocates fear New York state could be taking a step back when it comes to biomarker testing access for those with Medicaid.
What started as a sinus infection left a Long Island teenager fighting for his life, requiring emergency brain surgery.
Ticketmaster will be rereleasing tickets for Harry Styles' upcoming concerts in New York City that were originally purchased by scalpers, the company says.
The upcoming fashion exhibit at the Metropolitan Museum of Art includes 25 mannequins based on real bodies.
A previously unreleased song is one of many ways Prince is being honored a decade after his death.
Singer-songwriter Gavin DeGraw turned to social media for help reconnecting with a New York City bartender after a memorable performance this week.
New York City Mayor Zohran Mamdani and his wife Rama Duwaji will not attend this year's Met Gala, sources said.
The Mets snapped their 12-game losing streak Wednesday night, beating the Minnesota Twins 3-2.
D.C. United played the New York Red Bulls to a 4-4 tie on Wednesday night.
Kevin Denkey scored two goals for Cincinnati FC in a 4-4 tie with New York City FC on Wednesday night.
Boston has scored two runs or fewer in six of its last eight games, losing five.
New York lost its 12th consecutive game, falling 5-3 to the Twins on Tuesday night.
An out-of-service escalator at Jamaica Station in Queens is reviving complaints that date back years.
The head of a housing nonprofit in Harlem was arrested after residents complained over delayed repairs.
A 2009 New York City law requiring most roll-down security gates to be at least 70% transparent is set to take effect this summer.
Recurring elevator problems are back and worse than ever at one New York City high-rise, according to tenants.
Students at M.S. 407 transform a barren space into a habitat for bees and butterflies, part of a broader city push to expand pollinator-friendly green spaces.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Nassau County police say they found explosive materials at the Syosset home after they started investigating the son for allegedly drawing a swastika in a high school bathroom. CBS News New York's Christina Fan reports.
A new production of "The Rocky Horror Show" is set for opening night Thursday at Studio 54.
A father and son were arrested after police say they found chemicals combined to make explosives at their home in Syosset.
Police are looking for a man who fled the scene of a fatal stabbing on Thursday morning. He was wearing a black jacket, blue jeans and was on a bike, according to the NYPD.
A meeting will discuss the potential of making Grand Army Plaza n Brooklyn car free with the roadway between Union Street and Eastern Parkway being removed.
