Thursday, December 17, 2015

Feds Arrests Pharma Boss Who Hiked Price of HIV Drugs


The pharma boss who became infamous after hiking the price of an HIV-related drug by 5,000 percent has been arrested by the FBI on securities fraud charges, law enforcement sources said.

The arrest of Martin Shkreli — a hedge fund manager-turned-pharmaceutical company CEO — comes amid an investigation related to "widespread fraud" through a hedge fund and drug company he once ran, according to a complaint filed Thursday by federal regulators. 

Click here for the full article and video.

Source: NBC News

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