Fraud Trial Begins in NYC for ‘Pharma Bro’ Shkreli

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Martin Shkreli, the pharmaceutical entrepreneur vilified as the "pharma bro" for raising the price of a life-saving drug by 5,000 percent, will go on trial on Monday in Brooklyn for what U.S. prosecutors called a Ponzi-like scheme at his former hedge fund and a drug company he once ran, reports Reuters. Prosecutors have accused Shkreli of lying to investors in the hedge fund . . .

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