- post by: #TooRealForTV
- December 17, 2015
Wu Album Owner Martin Shkreli Arrested On Fraud
Martin Shkreli, 32, became an instant celebrity when he purchased a one-of-one album Wu Tang album and then proclaimed he wanted to bail out Bobby Shmurda. Today, the FBI arrested him.
The pharmaceutical entrepreneur, loathed for raising an HIV drug from $13.50 per pill to $750, was arrested by agents Thursday morning for securities fraud-related infractions. The feds say Shkreli illegally took stock from Retrophin Inc., a company he started in 2011, and paid debts to other businesses unrelated to Retrophin.
He was later ejected from the company.
Shkreliâ€™s lawyer has no responded to inquiries from other media.
Shkreli recently threatened RZA over the $2-million priced Once Upon a Time in Shaolin, sided with Action Bronson and offered to bail out Bobby Shmurda. He said Shmurdaâ€™s release would be conditional and said that the young rapper would have to perform or record in exchange for his debt.