The Presidential Daily Brief


  1. Martin Shkreli

    CEO Martin Shkreli Arrested for Securities Fraud

    He’s living the American dream. The son of immigrants and Wall Street wunderkind gained widespread infamy after his pharmaceutical company bought a decades-old drug that treats parasitic infections and inflated the price by more than 500 percent. Now, federal prosecutors say Shkreli’s been working a complicated con, complete with secret payoffs and stolen stock from a company he founded and has since been ousted from. Some are wondering if the government can use asset forfeiture procedures to liberate the one-copy-only Wu-Tang clan album Shkreli bought for $2 million last summer.

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