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Pharma Bro was just sentenced to 7 years in jail for misrepresenting facts to investors, despite said investors did not lose any money but actually made some [1
by joering2 9y ago
Pharma Bro was just sentenced to 7 years in jail for misrepresenting facts to investors, despite said investors did not lose any money but actually made some [1]
Here Holmes not only doctored power point presentations to baloon numbers to investors, but put thousands of lives in danger (if some were lost, we will eventually find out) by providing wrong results for tests to many patients that lives relied on it, and she gets jail-free card and slap on the wrist.
[1] https://www.cnbc.com/2018/03/09/pharma-bro-martin-shkreli-sentenced-to-7-years-in-prison.html https://www.cnbc.com/2018/03/09/pharma-bro-martin-shkreli-se...
- AcerbicZero 9y agoYeah, he was kind of a douche, but it's pretty obvious he only got slammed with that kind of time because he didn't play the game right.
- danso 9y agoShkreli received 7 years in prison because he was found guilty by a jury for securities fraud. What you refer to as "Here Holmes..." was were SEC civil charges. A criminal investigation was opened in mid-2016 and, as far as we all know, is still underway: https://www.npr.org/2016/04/19/474868428/innovative-blood-testing-company-theranos-under-criminal-investigation https://www.npr.org/2016/04/19/474868428/innovative-blood-te...