BUSTED: Martin Shkreli Arrested by FBI for Securities Fraud

Martin Shkreli

Poor Martin Shkreli. Yesterday he was on top of the world, enjoying his ill-gotten gains from gouging AIDS patients for hundreds of dollars per pill and spending millions on a one-off Wu Tang Clan rap record.

Now he is trading in his tailored suits and loafers for an orange jumpsuit.

Nearly a dozen federal agents raided Shkreli’s Manhattan apartment Thursday and took him into custody for securities fraud and running a Ponzi scheme. As you can see, he was not happy.

Bloomberg Business — Shkreli, 32, ignited a firestorm over drug prices in September and became a symbol of defiant greed. The federal case against him has nothing to do with pharmaceutical costs, however. Prosecutors in Brooklyn charged him with illegally taking stock from Retrophin Inc., a biotechnology firm he started in 2011, and using it to pay off debts from unrelated business dealings. He was later ousted from the company, where he’d been chief executive officer, and sued by its board.

BeantownBabe

wow, he was going to bail out now he needs to be bailed lmfao
SehkmetGoddess

Karma speaks loudly.
Di Ana

Look at him in his hoodie. Where does the Wu Tang Clan come in?
Tisa Roberts

Wow, so much for Bobby Shmurda’s bail!!
jeniefrumdabloc™

Hmph !
Justlooking2SayIT

LMBO, is it my eyes or the gif moving….
Justlooking2SayIT

What comes around goes around, I knew this Ninja wasn’t about Sh%%. Some folks on this very blog, well it’s his to do with his company. Yes, and he arse will be JimmyK behind bars.

Have Fun You will be Starfished
1/8

Anyone who would bail out Bobby Smegma, deserves to be thrown UNDER the jail.
Yoni

They won’t keep him long. They’re just holding him to find out his secrets. Then they’ll release him out into the world to gain again.
SG

Doesn’t pay to act ugly towards people.
Yoni

And he looks high as a kite in that inset pic. He was snorting those AIDS pills, I’m sure of it.
Yoni

UGLY = U Gotta Love Yourself
harley_quinn2.0

I thought he was going to bail Bobby Schmurda out ???. Now he’s going to need the bail money. That’s if he gets bond ?
Rayne

only you. lmmfao at this gif. Looolll
Justlooking2SayIT

Off-topic – Color Purple on OWN; DEC 19 or Tonight the commercials say one thing the website says another.

Documentary
Just Keya

The one this the sprites can’t get away with. If you are playing with the government’s money? They are coming for that ass.
Just Keya

I’m sorry, what is the documentary about?
harley_quinn2.0

Right! I just said this.
Justlooking2SayIT

Question – If you know someone that committing Insurance fraud would you turn them in?
Just Keya

They giving you some of the funds or nah?
Just Keya

Why do some people even come in here?! *rolls eyes*
Yoni

If they are taking advantage of “the people”? Yes. If not and they are HELPING and not HURTING “the people”. No.
MzFutureLCSW

Look at the white boy escorting him! Dang! Thats nice!
Justlooking2SayIT

Would not take, cause they would turn you in when they got caught.

Was friends with someone that was embezzling, she offered me some one. My response was hell to the NO.
LeBrick James

If I could do it and not reveal my name, yes. I wouldn’t trust the authorities to conceal my identity, and I wouldn’t want the person to come after me for turning him/her in.

But if I could submit the evidence/proof anonymously… yes I would, no doubt.
Justlooking2SayIT

You know they aint helping no BODY but themselvez.
Just Keya

That’s why I asked that. Because if they can’t take you down with them, they turn them in!
LeBrick James

True justice.
Trading in his mansion for a prison cell.
L.T.L. Since 2007

Now Bobby Shmurda ain’t gone ever get outta jail.
Justlooking2SayIT

LMBO….. high, with out the drugs…. Color Purple.
Wuts got Petty Davis Eyes..

Sometimes there’s a lil ray of sunshine in this fugged up werld..
Justlooking2SayIT

Billing people they haven’t seen in months….YIKES
LeBrick James

Yup. When people commit insurance fraud, it makes everybody else’s insurance rates. The cost just gets passed on to the rest of us.

So they’re stealing from us, the common man, not just the insurance companies.
Too Many Colors

He owns the ONLY copy of Once Upon A Time In Shaolin. At first they didnt know WHO was bidding on it. They thought it was Quentin Tarantino who is RZA homeboy. RZA did the music for a lot of Quentin’s movies; most notably the Kill Bill Volumes. Anyway…it was THIS fool.
Angela

I wonder what the outcome is going to be for that Wu album. I was angry that this duck purchased it.
PROPHETMAJOR

Pharmaceuticals do it all the time…
SehkmetGoddess

Hey Sandra.
Are we going to get as story on Iman and Teyana T having their baby??
Angela

WORD. I was ? when I saw this dummy was thee winner. SMH.
Too Many Colors

Does this mean we NEVER hearing the album asks the resident hip hop head? RZA nem said he could do whatever he wanted to do with it. Up to and including release it. Now they saying the FEDS can snag it and release it? “Federal authorities could seize the album and other personal property if they can’t otherwise recover his ill-gotten gains.”

Somebody go to this man house and get the damn Wu Tang album. All the heck I care about.
Yoni

Shkreli. Is that Arab or Muslim?
Justlooking2SayIT

The person that knows needs to write a letter or call with masked voice. I don’t think they will trace call.
Carla

good, what a piece of shit this guy is
SunnyChi

He was doing a lot of flossing. 2 million for the wu tang album and claiming he might bail Bobby shumurda out. Sucks for you sir!
Too Many Colors

My cousins were like WHO? *cries*
Yoni

True, but I had to ask.
Just Keya

Man listen
zeta4life

I can’t wait for the American Greed episode….LOVE THAT SHOW!!!!
Too Many Colors

Did you see what I just typed? Forget Mr. Shmurda. There is a Wu masterpiece in this man SAFE.

I want.
harley_quinn2.0

If someone gave him the heads up, it won’t be found. He had to have known something was about to go down.
Str8tUpMenace

^^^^^^THIS!!!!!! We need answers.
zeta4life

It turns me on when u be coming through with that damn knowledge Dub….we r soooo much alike….that’s why I chill in da cut on stuff….because I KNOW u finna have them damn receipts…..I LOVE YALL ROSAYS!!!!
YA’LL DA BEST!!!
Too Many Colors

What ticked ME off is Martin said…he aint eem LISTENED TO IT!!!! *falls dead to the ground*

Dude!

WHATCHUSAY?
Too Many Colors

Awe. Shucks. We luh you too
harley_quinn2.0

The fawk you tellin me right now ???? Some folks don’t deserve shyt …
Too Many Colors

RZA has hinted that that was IT too. Finis. Finito. Done. That plan to record the album and auction it off had been YEARS in the making. Im so sew tso pissed.
Justlooking2SayIT

Not hating, it’s just not fair. We all pay for it. Copays etc, annual fees.
YOUR man chose BSweet #ohwell

LMAO. They let his azz think he was #WINNING then they got that azz.
zeta4life

ROSAYS!!!! I gotta take my high azz outside “point” to where I want MRZ to put up our decoration…since he WOULD NOT let me hire a decorator….HE WILL DEAL WITH MY SHYT,,,TUH!!!!!
LOVE U GUYS….AND TO ALL THOSE I DIDN’T GET A CHANCE TO HOLLA AT……TTYL AND HAVE A GREAT REST OF THE DAY….AT YA’LL JOBS….*licks out tongue, and runs real fass out the blog doe’*….lol
Too Many Colors

He delegated the listening to make sure the contents of the album was all there…TO AN EMPLOYEE OF HIS.
Justlooking2SayIT

Zeta Baby Cakes – Hey My LOVE. Happy Holidays. Gotta run to appointment.

Here’s ya fruitcake and mistletoe

Mauh
Str8tUpMenace

Martin gotta visiting list yet? He needs to add me to his list so we can have a lil discussion.
zeta4life

*hey boo…..!!!! got it!!!!
love u!!!
YOUR man chose BSweet #ohwell

Said employee ripped it. It’ll be released for free soon.
L.T.L. Since 2007

Ain’t that fukked up? Now we ain’t gone ever hear the new GFK, GZA, RZA, Meth, ODB.
Ok ODB done gone on, but you get what I’m saying.
zeta4life

LOVED!!!!!! ME SOME WU…..METH….WHOO LAWD!!!!…*picture it Freak-nik 199?….*wink*
Yoni

New post – beautiful stabber somewhere singing Akon’s “locked up – they won’t let me ouuuut”
PettyEyezPrime

Bobby Shmurda is never going to get out. He wanted to bail him out. O well…
PettyEyezPrime

Later boo
L.T.L. Since 2007

Now this pure unadulterated blasphemy. Buy that shyt, and ain’t nobody heard it but his homeboy?
#FukkShyt
Too Many Colors

Originally whomever got the album was supposed to legally agree to keeping the contents secret for 88 years. I HOPE the employee got a copy. I shoulda started a GoFund me so all the hip hop heads in America could ban together to buy it.
harley_quinn2.0

What a smug bytch
MISSMEWITDATBULL

Man, you know RZA recycled a bar or 2 from Dirt Dog for they final record.
Too Many Colors

*lights a candle for Big Baby Jesus*

You forgot about 15 OTHER nigs in your list. You know its 45 Wu members *cackles*
Too Many Colors

YES! Was like I want other artists to record private albums just for me.

DUDE. Who you thank you is? Mr. Willy Wonka? FOH
Str8tUpMenace

*ties your laces together before you leave*

*waves* Bye Zeta!!!!!
YOUR man chose BSweet #ohwell

Tuh.
I cAll ThE sHoTs…

So, he didn’t get Bobby Shmurda out first? Damn…
PettyEyezPrime

Emphasis on FOH!!
PettyEyezPrime

??kids (and apparently adults) are so cruel lol.
Str8tUpMenace

*giggles* Cruel??? Lil ol me?????
Junkanoo

White collar crime is at the foundation of most businesses especially pharmaceutical companies. So many White men should be rotting in jail for white collar crimes but are walking around free
PettyEyezPrime

Pls. That’s not even mild for you ?
Jozie723

Let God handle that, he can handle the situation way better than you can.
Angela

??
Jozie723

Nope…. I mind my business. Ill gotten gains always come with a price. They will pay for it however God sees fit. Not physically causing pain to you and yours….. keep it moving.
http://totallifechanges.com/PurTEA VanillaCaramel2shotsExpresso

Bobby Shmurda must be shaking his head …. ?. I had stopped thinking about this greedy man until he bought the Wu Tang album. Never heard a Booby S song but I wonder if he will ever get bail.
stav

I would never pray or be happy for another persons downfall, because I know anyone can change, however I can’t help but laugh a bit that someone with such arrogance and greed no longer has such a smug look on his face.
Str8tUpMenace

*gasp*
WhatHaveYouDoneForMeLately?

He just looks evil and greedy.
Luvn_it

Welp guess Bobby Shmurda want be getting out no time soon.?
Sainthella

Damn karma got him fast
CaliYoruba

As soon as he said he was going to bail Schmurda & help out the HipHop community, they arrested him LOL
Dee

KARMA is no joke! !
Justlooking2SayIT

It’s NOT someone I know, a colleague told me about. She asked my opinion, I told her to pray about it. I don’t give advice.
Varnell Hill

Right on schedule.
Canary Red™

Zeta!!!!!!!?????
Canary Red™

Or they holding him so he wont bail the “negroe” out!

All of sudden y’all want to bust him now!
belizeanborn

God is good! Karma is real. He reaped what he sowed. What an evil man. Here’s hoping he gets many years in jail.
Enoughsaid2020

What I find interesting is the fact they are a arresting him, after he bid on the WU Tang Clan album, and making a bid to bail-out Smurda. However, when he raised the price of the HIV drug, there was no arrest. SMH!
Xsjado

Wu Tang ain’t nothing to fugg wit… Hope you and Schmurda get to see each other…

Power/Money can bring the ugliness outta of one’s soul…

Karma yo…
http://www.swedishsoul.com Christina Duphorn Zehnder

greed in the destruction of the masses.
Auditor

Truth…you don’t know half the sh*t I’ve seen…and it ain’t just white folks them Asians are horrible too…
Yoni

I ain’t concerned with the “negroe” either. He can stay there as well.
Canary Red™

??Awww ??
Yoni

Serrus!
Canary Red™

— – that’s why its so funny – you dead ‘serrus’ LOL!!!

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