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Martin Shkreli convicted of securities fraud, conspiracy

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Martin Shkreli, who gained national notoriety two years ago for jacking up the price of a drug used by AIDS patients, was convicted of securities fraud Friday for mismanaging two investment funds. A jury in Brooklyn deliberated almost five days before returning guilty verdicts against Shkreli, 34, on two counts of securities fraud and a single count of conspiracy. He was acquitted on five other counts of conspiracy. The most serious count, securities fraud, carries a maximum prison term of 20 years.
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Meryl Ann Butler is an artist, author, educator and OpedNews Managing Editor who has been actively engaged in utilizing the arts as stepping-stones toward joy-filled wellbeing since she was a hippie. She began writing for OpEdNews in Feb, 2004. She became a Senior Editor in August 2012 and Managing Editor in January, (more...)
 

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