Page 1 of 2 12 LastLast
Results 1 to 10 of 20
Thanks Tree16Thanks

Thread: Shkreli's Bail Revoked

  1. #1
    Veteran Member Madeline's Avatar
    Joined
    Jun 2014
    Posts
    51,325
    Thanks
    29688

    From
    Cleveland, Ohio

    Shkreli's Bail Revoked



    Martin Shkreli got slammed into jail Wednesday when a federal judge delivered a poetic punch line to the Pharma Bro’s Hillary Clinton jokes.

    Brooklyn Federal Judge Kiyo Matsumoto revoked Shkreli’s $5 million bail Wednesday evening, saying his $5,000 bounty on Clinton’s hair was the final straw.

    She said his recent Facebook post calling for someone to pluck the ex-presidential candidate’s locks during her recent book tour could “cause a reasonable person to have concern.”

    And even if Shkreli wasn’t being violent himself, no one knows what his online devotees were capable of doing, the judge said.

    “The fact that he continues to remain unaware of the inappropriateness of his actions or words demonstrate to me he may well be an ongoing danger or risk to the community,” Matsumoto said.

    Shkreli insisted his call for Clinton’s hair was a joke and satire that meant no harm. He apologized in a letter to the court.

    The judge was unmoved.

    “He should be apologizing to the government and Secretary Clinton,” she said.

    It turned out to be the most painful joke Shkreli ever told.

    The judge found the comments by the former pharmaceutical firm’s CEO wasn’t protected First Amendment speech — it was an invitation for crime.

    “He is soliciting an assault on another person in exchange for $5,000,” Matsumoto said. “I can’t say with any certainty that the threats have not been taken seriously by anybody.”

    The more Shkreli heard Matsumoto’s comments, the more slumped and stone-faced he became.

    Shkreli, already looking grim, sagged slightly when he heard the decision to remand him.

    It sent gasps through the courtroom.

    Ben Brafman, Shkreli’s lawyer, pleaded with Matsumoto for some 20 minutes to change her mind. He insisted there were less harsh ways to punish his client, like banning him from social media.

    His pleas fell on deaf ears.

    The judge noted that Shkreli never retracted the hair bounty. And that Brafman could’ve served up the social media ban earlier.

    Shkreli gave a sad “What happened?” expression to his lawyers before he stood up, left his satchel full of papers on the defense table, and was escorted to a holding cell by two U.S. marshals. He was taken to the Metropolitan Detention Center in Sunset Park, Brooklyn.

    That’s where he’ll stay until his sentencing on Jan. 16.

    Note: Why does it take so long to sentence this guy? He was convicted on August 4th. HITH long do they need to prepare a pre-sentencing report?

    Shkreli — who hiked the price of an AIDS drug from $13.50 to $750 a pill when he ran Turing Pharmaceuticals — was convicted in August of securities fraud and a related conspiracy count.

    Now he’ll have to fight the case from the inside — far from his Murray Hill apartment, his livestreaming computer and his cat, Trashy.

    Assistant U.S. Attorney Jacquelyn Kasulis said Shkreli needed to be locked up. “He’s reckless. He does not get it. He doesn’t respect the rule of law.”

    Prosecutors pointed to the posts as evidence that Shkreli is becoming more of a threat to the community.

    Brafman asked for a couple of more days to show that his 34-year-old client could straighten up. Matsumoto said no.

    Outside the courthouse, Brafman said he was “obviously disappointed” with the ruling, but they had to live with it.

    News of the Pharma Bro’s confinement was met with delight on Twitter.

    “Martin Shkreli goes to jail, making everyone’s day. Everywhere,” said Eugene Gu, MD.

    “My life is complete seeing Martin Shkreli go to jail,” Bryan Kim posted.

    “Sometimes there is great news, this is one of those times,” Stephen Crawley wrote.

    “And Hillary is on a book tour. That’s poetic justice,” said Tony Posnanski.
    Martin Shkreli bound for jail after judge revokes his $5M bail - NY Daily News



    Your thoughts?

  2. #2
    Above the FRAY Friday13's Avatar
    Joined
    Sep 2012
    Posts
    11,179
    Thanks
    13441

    From
    SoCal
    Thanks from Madeline and MaryAnne

  3. #3
    Veteran Member Madeline's Avatar
    Joined
    Jun 2014
    Posts
    51,325
    Thanks
    29688

    From
    Cleveland, Ohio
    WHY do these massive fraudsters get bail AFTER conviction anyway?

    This country has to address the justice gap, where poor people get the shaft and rich people get the kid glove treatment.


  4. #4
    Veteran Member MaryAnne's Avatar
    Joined
    Apr 2012
    Posts
    43,981
    Thanks
    31367

    From
    Englewood,Ohio
    Good news,indeed! Thanks for the picture!

  5. #5
    Veteran Member Madeline's Avatar
    Joined
    Jun 2014
    Posts
    51,325
    Thanks
    29688

    From
    Cleveland, Ohio
    Quote Originally Posted by MaryAnne View Post
    Good news,indeed! Thanks for the picture!
    He is a dopey looking little shit, isn't he?

    I do not think he will enjoy prison.

  6. #6
    Galactic Ruler Spookycolt's Avatar
    Joined
    May 2012
    Posts
    59,193
    Thanks
    10824

    From
    By the wall
    Quote Originally Posted by Madeline View Post
    WHY do these massive fraudsters get bail AFTER conviction anyway?

    This country has to address the justice gap, where poor people get the shaft and rich people get the kid glove treatment.

    Poor people get bail before sentencing also you know.

  7. #7
    Veteran Member Madeline's Avatar
    Joined
    Jun 2014
    Posts
    51,325
    Thanks
    29688

    From
    Cleveland, Ohio
    Quote Originally Posted by Spookycolt View Post
    Poor people get bail before sentencing also you know.
    First, this shitstain had been bailed after conviction. I would be shocked if that ever happened outside these big fraud cases.

    Second, poor people are offered bail they cannot afford. This effectively denies them equal protection under the 8th and 14th amendments.
    Last edited by Madeline; 14th September 2017 at 04:34 AM.
    Thanks from OHjulie, jacobfitcher and Hollywood

  8. #8
    Galactic Ruler Spookycolt's Avatar
    Joined
    May 2012
    Posts
    59,193
    Thanks
    10824

    From
    By the wall
    Quote Originally Posted by Madeline View Post
    First, this shitstain had been bailed after conviction. I would be shocked if that ever happened outside these big fraud cases.

    Second, poor people are offered nail they cannot afford. This effectively denies them equal protection under the 8th and 14th amendments.
    No it doesn't.

    Whether they can afford it or not is irrelevant.

    Bail isn't based on your net worth, its based on the crime.

    There are no constitutional violations here.

  9. #9
    No mercy for losers Addiction Solitaire Champion, Double Deuce Champion, Queen Jewels Champion, Ray Ray Shuffle Champion, Twins Champion, Blow Up: Arcade Champion, Bunch - Time Trial Champion, Znax Champion, Zoo Keeper Champion, Sobics School Champion, Swap a Smiley Champion, Makos Champion, Dino Drop Champion, Flower Frenzy Champion, Some Puzzle Champion, Funny Bubbles Champion, CubeZ Champion, Dinky Smash Champion, Fun Fun Animals Champion, Fruit Fabriek Champion, Raft Wars Champion, Rainbow Monkey RunDown Champion, Raft Wars Champion, Crime Puzzle Champion Blueneck's Avatar
    Joined
    Jun 2007
    Posts
    45,970
    Thanks
    22733

    From
    Ohio
    Quote Originally Posted by Spookycolt View Post
    No it doesn't.

    Whether they can afford it or not is irrelevant.

    Bail isn't based on your net worth, its based on the crime.

    There are no constitutional violations here.
    It's based on your likelihood of fleeing, too.
    Thanks from Madeline

  10. #10
    Thought Provocateur NightSwimmer's Avatar
    Joined
    Jun 2014
    Posts
    32,780
    Thanks
    30331

    From
    United States
    Quote Originally Posted by Madeline View Post
    WHY do these massive fraudsters get bail AFTER conviction anyway?

    This country has to address the justice gap, where poor people get the shaft and rich people get the kid glove treatment.
    Stop voting Republican.
    Thanks from OHjulie

Page 1 of 2 12 LastLast

Similar Threads

  1. Fraudster Martin Shkreli Threatens Hillary Clinton
    By Madeline in forum Legal Issues
    Replies: 15
    Last Post: 13th September 2017, 05:45 PM
  2. Martin Shkreli Found Guilty On Several Counts Of Fraud
    By jacobfitcher in forum Current Events
    Replies: 7
    Last Post: 4th August 2017, 01:44 PM
  3. Replies: 0
    Last Post: 20th June 2013, 11:09 AM
  4. George Zimmerman's Bail Revoked for Lying
    By Mertex in forum Current Events
    Replies: 82
    Last Post: 6th June 2012, 09:07 PM

Tags for this Thread


Facebook Twitter RSS Feed