Martin Shkreli Sentenced To 7 Years In Prison

The “Pharma Bro” was convicted on multiple counts of fraud last August. Today he was sentenced.

Tom Williams/CQ Roll Call via ZUMA

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Martin Shkreli, the former pharmaceuticals executive who was found guilty of defrauding investors, was sentenced Friday to seven years in prison.

Shkreli was convicted last August of multiple counts of securities fraud for lying to investors about significant debts tied to two hedge funds he managed.

The 34-year-old was seen crying court during his sentencing hearing. “This is my fault,” Shkreli said. “I am not the victim here… Please give me a chance to show what I’m capable of.”

Shkreli first rose to infamy in 2015 after it was revealed he price-gouged a life-saving drug by 5,000 percent.

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SIX TRUTHS

Reclaiming power from those who abuse it often starts with telling the truth. And in "This Is How Authoritarians Get Defeated," MoJo's Monika Bauerlein unpacks six truths to remember during the homestretch of an election where democracy, truth, and decency are on the line.

Truth #1: The chaos is the point.

Truth #2: Team Reality is bigger than it seems.

Truth #3: Facebook owns this.

Truth #4: When we go to work, we're in the fight.

Truth #5: It's about minority rule.

Truth #6: The only thing that can save us is…us.

Please take a moment to see how all these truths add up, because what happens in the weeks and months ahead will reverberate for at least a generation and we better be prepared.

And if you think journalism like Mother Jones'—that calls it like it is, that will never acquiesce to power, that looks where others don't—can help guide us through this historic, high-stakes moment, and you're able to right now, please help us reach our $350,000 goal by October 31 with a donation today. It's all hands on deck for democracy.

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