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, 2017Text Charlie 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.TrendingK-Pop superduo V8 don’t care if you think they’re old-fashionedAs they release their debut collaborative record, SEVENTEEN members THE 8 and Vernon speak on hyperpop, easter eggs for fans, and rebelling against the K-Pop trend cycleMusicBeauty10 of the hottest Instagram accounts fusing art, sex and eroticaReplitLife & CultureWhat Went Down at the inaugural vibeconMusicBjörk on nature, new music and working with AI: ‘I’m a digital craftswoman’FashionRagebait runway cameos are fashion’s most embarrassing trendReplitLife & CultureJoin Spike Jonze, Reshma Saujani and more at vibeconDazed LeagueInside Dazed League, a tribute to soccer in North AmericaBeautyNude awakening: Meet the young people embracing naturismArt & PhotographyThe most loved photo stories of June 2026Escape 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