Martin Shkreli could be forced to give up exclusive Wu-Tang Clan album, Picasso after criminal conviction
Federal prosecutors said Friday that Martin Shkreli, the former hedge fund manager notorious for raising the price of a critical drug, should forfeit more than $7 million in assets after being convicted of lying to investors.
Shkreli should turn over two rap albums — the only known copy of the Wu-Tang Clan’s “Once Upon a Time in Shaolin” and Lil Wayne’s “Tha Carter IV” — as well as $5 million in cash, interest in a company he started, Touring Pharmaceutical, and a Picasso painting, prosecutors said. They also asked that he give up a World War II-era Enigma code-breaking machine used against Nazi Germany.
etc.
Federal prosecutors said Friday that Martin Shkreli, the former hedge fund manager notorious for raising the price of a critical drug, should forfeit more than $7 million in assets after being convicted of lying to investors.
Shkreli should turn over two rap albums — the only known copy of the Wu-Tang Clan’s “Once Upon a Time in Shaolin” and Lil Wayne’s “Tha Carter IV” — as well as $5 million in cash, interest in a company he started, Touring Pharmaceutical, and a Picasso painting, prosecutors said. They also asked that he give up a World War II-era Enigma code-breaking machine used against Nazi Germany.
etc.
