
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.
Tay was shot and killed around 5 p.m. Monday in Longwood. Investigators said two people on a scooter were shooting at a 13-year-old along the sidewalk on Fox Street, but they struck Tay in the stomach.
A sea of blue offered a solemn salute in memory of detectives Wilbert Mora and Jason Rivera.
The rogue storm could be strong with heavy rain, lightning and gusty winds all possible.
The possible case comes on the heels of a confirmed case this week in Massachusetts.
The city's first-of-its-kind mental health center opened in during the pandemic, and it is already changing lives.
Saturday could be downright dangerous with a combination of hot temperatures, ocean riptides and no lifeguards.
Stocks claw back losses after flirting with the first bear market since early 2020.
Firefighters cut glass from a window and pulled the workers inside.
For hard-to-find flavors from faraway continents, professional chefs and home cooks flock to a specialty food store founded in 1944.
A sea of blue offered a solemn salute in memory of detectives Wilbert Mora and Jason Rivera.
The city's first-of-its-kind mental health center opened in during the pandemic, and it is already changing lives.
Saturday could be downright dangerous with a combination of hot temperatures, ocean riptides and no lifeguards.
Tay was shot and killed around 5 p.m. Monday in Longwood. Investigators said two people on a scooter were shooting at a 13-year-old along the sidewalk on Fox Street, but they struck Tay in the stomach.
For hard-to-find flavors from faraway continents, professional chefs and home cooks flock to a specialty food store founded in 1944.
The maximum rebate is $250 for up to three children.
Company Mars Wrigley says there's a chance some of those items may have been contaminated with thin metal strands.
The pandemic relief fund passed by Democrats provides $350 billion directly to cities, counties and states.
Formula is more than 40 percent out of stock in New York, New Jersey, Connecticut and 27 other states.
A typical year generates about 14 named storms. Experts are forecasting anywhere from 17-19 named storms this year.
You may remember Lucas from last July when he grabbed headlines for safely landing a plane on a bridge in Ocean City, New Jersey after its engine failed.
Earlier this year, CBS2 met New Jersey students who lobbied for Asian American history to be taught in school.
Police said around 2:30 p.m. Thursday that there was a serious accident in the eastbound lanes near Hobart Avenue.
Harold Rasbin allegedly sped away before crashing into another car, losing control and hitting several pedestrians.
Signs of infection in birds include decreased appetite and egg production, coughing and lethargy.
Saturday could be downright dangerous with a combination of hot temperatures, ocean riptides and no lifeguards.
Lazar died two days after his 10th birthday, suffering an epileptic seizure during a Little League game.
It was an operation that closed 200 cases and executed 116 arrests, of which 69 involved gang members.
Another place in Deer Park was also raided. The investigation started after complaints over multiple code violations.
For 25 years, the nonprofit has splashed walls of burn units, treatment centers and special needs camps.
He said Friday he plans to run for Congress in the redrawn 10th District that includes his address in western Brooklyn and part of Manhattan.
CBS2's Marcia Kramer experienced firsthand Thursday how effective the scanning system can be.
"I am proud to assure them that they have the full, total, complete backing of the United States of America," the president said.
New Jersey's acting AG adds that this initiative is a "crucial next step" in improving community-police relations.
Gillibrand says some states only have about half the formula they would normally have on store shelves.
The Support and Connection Center, the only mental health care center of its kind in the city, opened in East Harlem back in 2020 to address substance abuse and mental illness. CBS2's Jessi Mitchell shows us how the center is changing lives.
The Broadway League announced face coverings will be required for audiences until at least June 30.
The possible case comes on the heels of a confirmed case this week in Massachusetts.
The investigation follows a confirmed case earlier this week in Massachusetts. CBS2's Elijah Westbrook reports.
The patient is being isolated and treated at Bellevue Hospital, as tests are being conducted to determine if it's a positive case of monkeypox. CBS2's Elijah Westbrook reports.
The cast of "MJ the Musical" paid tribute to another music legend in the audience Thursday night.
Brooklyn-born rapper Christopher Wallace was murdered at age 24. The case remains unsolved.
CBS2's Dana Tyler led the conversation with Daniel Craig and Tony nominee Ruth Negga at the Longacre Theatre.
Fans apparently offered students hundreds of dollars to snag a ticket.
CBS announced its 2022-2023 primetime programming lineup of CBS Originals, featuring four new dramas and more.
The rainout buys the Yankees an extra day to sort out their banged-up bullpen.
The forecast calls for 3 to 5 inches of snow at Coors Field.
New York lost for just the second time in 11 games and is still a major-league best 28-10.
The slugger's two-run shot off Giovanny Gallagos gave the Amazins' a 7-6 victory on Thursday.
Three-time Cy Young winner took himself out of Wednesday's game against St. Louis in the 6th inning.
For hard-to-find flavors from faraway continents, professional chefs and home cooks flock to a specialty food store founded in 1944.
Multiple generations are working side-by-side to pursue a dream they didn't know they had.
"When you can say you've kept a customer, a loyal customer, for 60, 70, 80 years, through the generations, then you know that you've had a successful business," co-owner Lou Di Palo told CBS2's Elle McLogan.
"I walk in here every day, and I feel the legacy of my family," fourth-generation owner Alice Goldberg told CBS2's Elle McLogan.
"It doesn't really matter who you are. You're welcome here," co-owner Victorious De Costa told CBS2's Elle McLogan.
Ten people were killed and three were injured in a mass shooting at a Buffalo supermarket on May 14, 2022.
This year's theme is Gilded Glamour, and the stars are dripping in opulence.
The Mets unveiled the long-awaited Tom Seaver statue before their sold-out home opener at Citi Field on April 15, 2022.
Nearly two dozen people were injured in a shooting and smoke bomb attack aboard a Brooklyn subway Tuesday.
The Yankees opened the 2022 season with a walk-off win in extra innings against the Boston Red Sox.
There's a push for New York state to ban the use of credit scores as a factor in setting auto insurance premiums. Critics say the practice penalizes safe drivers simply because their credit is less than perfect. CBS2's Tony Aiello reports the industry is pushing back.
There was a special honor Friday in Brooklyn for a Vietnam War soldier who made the ultimate sacrifice.
The search is on for a puppy thief in Monmouth County, New Jersey.
Two people were found murdered in a torched car in the Bronx this week, and as CBS2's Andrea Grymes reports, police sources say one of those victims was an innocent young man unknowingly swept up in a series of gang-related attacks.
The Support and Connection Center, the only mental health care center of its kind in the city, opened in East Harlem back in 2020 to address substance abuse and mental illness. CBS2's Jessi Mitchell shows us how the center is changing lives.