Judge Orders Shkreli to Jail Pending Sentencing

After “pharma bro” Martin Shkreli bizarrely offered a $5000 reward to anyone who could grab some of Hillary Clinton’s hair for DNA sequencing, federal prosecutors sought to have his bail revoked as he awaits sentencing for fraud. The judge agreed and ordered that he be jailed.

MartinShkreli

A federal judge on Wednesday revoked the $5 million bail of Martin Shkreli, the infamous former hedge fund manager convicted of defrauding investors, after prosecutors complained that his out-of-court antics posed a danger to the community.

While awaiting sentencing, Shkreli has harassed women online, prosecutors argued, and even offered his Facebook followers $5,000 to grab a strand of Hillary Clinton’s hair during her book tour. Shkreli, who faces up to 20 years in prison for securities fraud, apologized in writing, saying that he did not expect anyone to take his online comments seriously, and his attorneys pleaded with the judge Wednesday to give him another chance.

“The fact that he continues to remain unaware of the inappropriateness of his actions or words demonstrates to me that he may be creating ongoing risk to the community,” said U.S. District Judge Kiyo Matsumoto, in revoking his bond.

“This is a solicitation of assault. That is not protected by the First Amendment.”

He was taken to jail immediately after the hearing, but not before refusing to get into an elevator with a reporter because they were “fake news.” Sorry, dude, but the real news is that you are a monumental douchebag who doesn’t seem to recognize any limitations on your behavior whatsoever. But the judge just put you in your place and let you know that it isn’t going to be tolerated anymore. Off to jail you go, hopefully for a good long time.

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