Why Infamous Pharma Bro Martin Shkreli Was Arrested For Fraud

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In September 2015, Martin Shkreli made headlines for raising the price of a lifesaving drug. Three months later, the FBI arrested Shkreli. So why is he facing fraud charges?

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One simple graphic that explains why the FBI arrested Martin Shkreli
“Martin Shkreli is best known, and hated, for being the CEO of a pharmaceutical company that increased the price of a lifesaving drug from $13.50 to $750.”

Hedge funder Martin Shkreli has been arrested in a securities-fraud investigation
“Martin Shkreli was arrested by the FBI on charges of securities fraud on Thursday morning.”

Vilified for drug pricing, CEO Shkreli busted for securities fraud
“Martin Shkreli, the boyish pharmaceutical entrepreneur who caused a public uproar after he drastically raised the price of a life-saving prescription drug, was arrested on Thursday for engaging in what U.S. prosecutors said was a Ponzi-like scheme at his former hedge fund and a pharmaceutical company he previously headed.”

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