4 ms·
His lawyer is very careful in his statements not to say that. Investors in Retrophin made a lot money. They would have made more if Shkreli had not committed f
by cowsandmilk 9y ago
His lawyer is very careful in his statements not to say that.
Investors in Retrophin made a lot money. They would have made more if Shkreli had not committed fraud. His lawyer’s argument is basically that the investors made money and it doesn’t matter that Shkreli used the company as his piggy bank, issuing shares, thus diluting investors, and writing checks to settle his debts and make whole the investors in his previous hedge fund.
There were victims. Victims who made a lot of money, but would have made more if Shkreli hadn’t committed fraud.
- OscarCunningham 9y agoYes, but he wasn't convicted of fraud against his Retrophin investors, he was convicted of fraud against his previous investors (the ones he paid with Retrophin money). So it's peculiar to use the Retrophin investors as justification for seizing his assets.