Technology

Martin Shkreli livestreamed himself violating lifetime pharma ban, FTC says

Summary

According to the Federal Trade Commission and multiple state attorneys general, Martin Shkreli recently livestreamed evidence of himself breaking his permanent ban from the pharmaceutical industry. The former executive, who was previously barred following a major fraud conviction and massive drug price inflation, now faces scrutiny over these actions.

Martin Shkreli—the ex-pharmaceutical executive infamous for illegally hiking the price of a lifesaving anti-parasitic drug by more than 4,000 percent and getting a seven-year prison sentence for the fraudulent scheme he used to do it—has been under a lifetime ban from the pharmaceutical industry since 2022. However, according to the Federal Trade Commission and the attorneys general of seven states,…

Source: Read the full story at Ars Technica - All content

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