Business, Buzz, Martin Shkreli, Other

Pharma bro Martin Shkreli sent directly to jail, judge calls him ‘danger to society’


Former pharmaceutical executive Martin Shkreli points as he exits the courthouse.

Image: Drew Angerer/Getty Images

The pharma bro is now the pharma inmate. 

Martin Shkreli was called a “danger to society” on Wednesday by a judge, who then canceled his bond release and put him in jail, according to numerous media reports.

Shkreli had been out on a $5 million bond following his conviction for securities fraud in early August. 

Shkreli found himself back in court on Wednesday after publishing a Facebook post in which he called for his followers to get a strand of Hillary Clinton’s hair. He promised a $5,000 reward to anyone who delivered the hair.

Shkreli had been awaiting sentencing after his conviction in federal court for misleading investors in his hedge fund, and then using cash and stock from one of his biotech companies to pay them back.

He was found guilty of three counts of securities fraud and acquitted of five other charges.

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