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.
There are calls to widen Sunrise Highway, one of Long Island's most traveled thoroughfares, due to congestion in one 10-mile stretch in Suffolk County.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The missing person is a 64-year-old man from Southampton, Pennsylvania, who is set to be married in two months.
New York City Mayor Zohran Mamdani unveiled Tuesday his 10-year street safety plan called Vision Zero Reimagined.
FDNY units responded Tuesday afternoon to reports of a fire on an upper floor at 1773 Vyse Ave. in the Bronx.
There are calls to widen Sunrise Highway, one of Long Island's most traveled thoroughfares, due to congestion in one 10-mile stretch in Suffolk County.
New York City Mayor Zohran Mamdani unveiled Tuesday his 10-year street safety plan called Vision Zero Reimagined.
FDNY units responded Tuesday afternoon to reports of a fire on an upper floor at 1773 Vyse Ave. in the Bronx.
A 59-year-old woman was found with head trauma inside a Bay Ridge, Brooklyn, apartment.
New York Gov. Kathy Hochul is looking to notify New Yorkers of an expanded program that could get them discounts on utility bills.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
Rainy weather makes a return to the New York City area this weekend.
After a week filled with periods of storminess and high humidity, a calmer and drier weather pattern is settling in for the holiday weekend.
Severe storms returned to the Tri-State Area, making it a soggy Thursday morning.
The rain returns Tuesday with the possibility of severe storms and downpours that can cause flash flooding in the New York City area.
The missing person is a 64-year-old man from Southampton, Pennsylvania, who is set to be married in two months.
Thousands of gallons of diesel fuel spilled from an AI data center in Secaucus, the New Jersey Department of Environmental Protection said.
Fire departments were hard at work in Paterson, New Jersey, and Fairfield County, Connecticut, due to flash flooding on Sunday morning.
Breece Hall ran for 102 yards and a touchdown, Geno Smith threw for 215 yards in his Jets return, and the Jets defeated the Titans 23-10 on Sunday.
Rainy weather makes a return to the New York City area this weekend.
There are calls to widen Sunrise Highway, one of Long Island's most traveled thoroughfares, due to congestion in one 10-mile stretch in Suffolk County.
Also known as New York State Route 27, Sunrise Highway has become so congested in one 10-mile stretch in Suffolk County, officials and first responders say it needs another lane in both directions. CBS News New York's Carolyn Gusoff reports.
A school bus company says it has disciplined a driver after she dropped a 5-year-old off at the wrong bus stop on Long Island last week.
A school bus company says it has disciplined a driver after she dropped a 5-year-old off at the wrong bus stop on Long Island last week. CBS News New York's Carolyn Gusoff reports.
Remembrance ceremonies continue this weekend to mark 25 years since the 9/11 terror attacks. Saturday, New Yorkers in a small hamlet on Long Island paid tribute to their first responders who died that day. CBS News New York's Allen Devlin reports.
There are calls to widen Sunrise Highway, one of Long Island's most traveled thoroughfares, due to congestion in one 10-mile stretch in Suffolk County.
New York City Mayor Zohran Mamdani unveiled Tuesday his 10-year street safety plan called Vision Zero Reimagined.
Earlier Tuesday, a federal judge again blocked the board from adding President Trump's name to the facade of the building.
New York Gov. Kathy Hochul is looking to notify New Yorkers of an expanded program that could get them discounts on utility bills.
The Supreme Court left intact a ruling that blocked the U.S. Postal Service from enforcing new regulations for mail voting, rejecting the Trump administration's effort to move forward with the rules in the midterms.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
One person has died and a total of five people have been sickened by Legionnaires' disease in the Bronx.
As of late August, the September 11th Victim Compensation Fund has received 112,000 claims, awarding more than $18 billion.
A cosmetic treatment that promises breast enhancement without surgery is now at the center of a fight over who regulates human tissue in New York.
Twenty-five years after the terrorist attacks on Sept. 11, 2001, the health threat hasn't ended for many survivors.
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
The 78th Primetime Emmy Awards celebrated the best in television and streaming from the past year on Monday. See the full list of winners and nominees.
Performer Macklemore is being dropped from Ed Sheeran's Loop tour after making on-stage statements that some found controversial.
Dubbed the "Designer to the Stars," Bob Mackie won nine Emmy Awards, a Tony Award and was nominated for three Oscars.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
The Yankees beat the Twins 8-3 Monday on a night they clinched their 61st postseason berth and ninth in 10 seasons.
Pete Alonso went hitless in his return to Citi Field but Gunnar Henderson launched a tiebreaking home run in the eighth inning Monday night that lifted the Orioles to a 2-1 win over the Mets.
Jaxson Dart connected with Isaiah Likely for two touchdowns and Devin Singletary on another, and the Giants opened the season with a 28-20 win over the Cowboys on Sunday night.
Germany's Alexander Zverev won his second Grand Slam after finally taking home his first major title earlier this year at the French Open.
Cam Schlittler took over the major league ERA lead, combining on a three-hitter that helped the Yankees close in on a record 61st postseason berth with a 2-0 win over the Mets on Sunday.
Brooklyn Greenway Initiative's 1.8-acre native plant sanctuary marks 10 years at a site where historians believe hundreds of human remains still lie
At a Bay Ridge school, students who were born years after the attacks are learning about Sept. 11 through the stories of parents, teachers and first responders who lived through it.
Former Mets players from the 2001 season were at Ladder 25 on the Upper West Side on Tuesday.
Grammy and Emmy Award-winning musician Lizzo made a surprise visit to meet Brooklyn students and debut her new children's book.
A Bronx pizzeria is proving that kindness is contagious by giving slices to hungry New Yorkers.
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.
The announcement comes after a federal judge blocked the board from adding President Trump's name to the performing arts center. CBS News New York's Dick Brennan reports.
It reopened Tuesday to an excited lunch crowd after closing almost a decade ago. CBS News New York's Dave Carlin was in Midtown for all the excitement.
Also known as New York State Route 27, Sunrise Highway has become so congested in one 10-mile stretch in Suffolk County, officials and first responders say it needs another lane in both directions. CBS News New York's Carolyn Gusoff reports.
The 59-year-old woman was found in the home at 314 79th St., in Bay Ridge, earlier this week. CBS News New York's John Dias reports.
CBS News New York's Noëlle Lilley reported on the building when it was still under construction and now takes us to the grand opening.
