American businessman Martin Shakirli was jailed for "feeling" Hillary — Financial Times

American businessman Martin Shakirli was jailed for

The post Martin Shkreli Jailed for Hillary Clinton Facebook Post appeared first on InvestorPlace.

Former pharmaceuticals company CEO Martin Shkreli - aka "Pharmabro" - had his bail revoked and was headed to jail yesterday while awaiting sentencing for a securities fraud conviction, after he put a bounty on Hillary Clinton's hair.

A defense attorney says he's disappointed in a judge's decision to revoke bail for former pharmaceuticals company CEO Martin Shkreli (SHKREL'-ee) and jail him in NY while he awaits sentencing in a securities fraud case. He then overturned the bail sentence in a court in Brooklyn, New York, and was then handcuffed to jail.

Shkreli is best known for ratcheting up the price of HIV drug Daraprim from $13.50 a pill to $750 overnight in 2015.

Shkreli was convicted in August of three counts of fraud related to two hedge fund businesses and a pharmaceutical firm he had run.

His court case took a shock turn Wednesday night when Brooklyn Federal Judge Kiyo Matsumoto revoked his $5 million bail.

Shkreli had tried to express his contrition, sending a letter to the judge saying, "I used poor judgement but never meant to cause alarm or promote any act of violence whatsoever".

His defense attorney tried to explain to the judge that Shkreli has a non-violent past, and what he did was very stupid, but not indicative of someone who's violent.

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Shkreli posted the threat on Facebook days after Clinton started her book tour around the country.

"He should be apologizing to the government and Secretary Clinton", the judge said. I must confirm the sequences I have.

A federal judge in NY is considering whether the provocative online antics of former pharmaceuticals company CEO Martin Shkreli (SHKREL'-ee) are bad enough to put him behind bars.

Mr. Shkreli's lawyer, Benjamin Brafman, argued at the hearing that Mr. Shkreli was not violent and that the post had been "a momentary lapse in judgment". Sorry you didn't get Hillary Clinton's hair for whatever perverted reason you wanted it, but I hope you enjoy your new home behind bars.

This is not the first time prosecutors have complained to Matsumoto about Shkreli's conduct.

But Judge Matsumoto decided otherwise, ruling that his online threats constituted "solicitation of assault" and posed a danger to the community.

Shkreli will be sentenced early next year, and could face years in prison.

"What's amusing about that", Matsumoto responded.

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