Former pharmaceutical chief executive Martin Shkreli, known as the 'pharma bro,' was sentenced to seven years in prison on Friday for defrauding investors and conspiring to manipulate stock prices, according to CNBC. Shkreli also raised the price of an important cancer drug by 5,000 percent. The sentence is still short of the 27 years recommended by federal guidelines. Shrkeli cried at the sentencing, saying, 'I was never motivated by money. I wanted to grow my stature and my reputation. I am here because of my gross, stupid and negligent mistakes I made.'
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.