Life & Culture / NewsLife & Culture / NewsThe most hated man in America is probably going to prisonMartin Shkreli has been convicted of fraudShareLink copied ✔️August 5, 2017August 5, 2017TextCharlie Brinkhurst-Cuff Martin Shkreli is a douche. Even he knows it. The infamous businessman who once hiked the price of a critical AIDS drug Daraprim by more than 5000 per cent, has been convicted of fraud and is awaiting sentencing. Daraprim, which is used to treat rare parasitic infections in AIDS patients, went from costing $13.50 to $750 per pill in 2015, when Shkreli was at the helm of Turing Pharmaceuticals. Thanks to this move, Shkreli became well-known as the “most hated man in America”, and later in 2015 the hedge-fund entrepreneur and drug-company C.E.O was accused of defrauding investors in MSMB Capital Management, his former hedge fund, and stealing stock from shareholders. The news was met with glee (from people like me), and when brought to trial it was reportedly a struggle to find jurors who could be impartial about him. One potential juror called him the “face of corporate greed”. After a trial that lasted over a month, Shkreli was found guilty on three of eight charges, including convictions of securities fraud and conspiracy to commit both securities fraud and wire fraud. Outside of the court house yesterday, he said: "This was a wtich hunt of epic proportions, and maybe they found one or two broomsticks, but at the end of the day, we've been acquitted of the most important charges." Last year, Shkreli also gained notoriety for buying the only copy of a Wu-Tang album for $2 million then refusing to share it with anyone until Trump was elected. Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy Expand your creative community and connect with 15,000 creatives from around the world.READ MOREJim BeamWhat went down at Jim Beam’s NYC bashThis debut novel exposes the dark side of the creator economy RIMOWAAirport aesthetics and the timeless appeal of the RIMOWA caseSo you want to leave TikTok?‘He’s late because he’s having an affair’: how OCD impacts relationshipsHow to date when... you don’t like their familyJim BeamSign up for Dazed and Jim Beam’s game day giveawayIs 2026 the year of analogue?Jim BeamJim Beam and Dazed want to help you get game day-readyLimerence is bullshitWhat went down at Elizabeth Arthotel’s 50th AnniversaryIs a new gambling trend driving us toward armageddon?Escape the algorithm! Get The DropEmail address SIGN UP Get must-see stories direct to your inbox every weekday. Privacy policy Thank you. You have been subscribed Privacy policy