3 ms·
Although technically true, the title is a bit misleading. He was acquitted from 5 of the 8 counts he was convicted of. Of the 8 counts, count 7 carried the bigg
by dayaz36 9y ago
Although technically true, the title is a bit misleading. He was acquitted from 5 of the 8 counts he was convicted of. Of the 8 counts, count 7 carried the biggest wait. This was in regards to the Retrophin securities fraud accusation where he was accused of a ponzi scheme amounting to over $10M. This was the only thing that would of brought him significant jail time but he was found not guilty. Count 7 carried more wait than all the other counts combined and was the heart of the case against him. Right now the case has gone from a felony to basically a parking ticket. All the articles talking about "facing 20 years" are sensationalist nonsense. That is a theoretical maximum. He will most likely receive NO jail time and will probably just have to pay a small fee.
Of course you will not get any of this context from all the sensationalist headlines out there like "MARTIN SHKRELI FOUND GUILTY! FACING 20 YEARS PRISON SENTENCE!"...