XXL on Tuesday (July 27), Shkreli was ordered to forfeit $7.4 million in assets after being found guilty of securities fraud back in 2018, after obtaining the manufacturing license for the drug Daraprim and inflating the price from $13.50 to $750 per pill. He was later sentenced to seven years in prison.
Shkreli s forfeited assets include his copy of Wu-Tang s
Once Upon a Time in Shaolin album, which he purchased for $2 million. The album he had was the only copy to exist.
The document also notes that proceeds from the sale of the album will be applied to satisfy the outstanding balance owed on Martin Shkreli s Forfeiture Money Judgment. Additionally, the doc adds, The contract of sale contains a confidentiality provision that protects information relating to the buyer and price.
XXL on Tuesday (July 27), Shkreli was ordered to forfeit $7.4 million in assets after being found guilty of securities fraud back in 2018 after obtaining the manufacturing license for the drug Daraprim and inflating the price from $13.50 to $750 per pill. He was later sentenced to seven years in prison.
Shkreli s forfeited assets includes his copy of Wu-Tang s
The document also notes that proceeds from the sale of the album will be applied to satisfy the outstanding balance owed on Martin Shkreli s Forfeiture Money Judgment. Additionally, the doc adds, The contract of sale contains a confidentiality provision that protects information relating to the buyer and price.
Government Sells Martin Shkreli s Wu-Tang Clan Album to Pay Debts myb106.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from myb106.com Daily Mail and Mail on Sunday newspapers.
Government Sells Martin Shkreli s Wu-Tang Clan Album to Pay Debts mymagicgr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mymagicgr.com Daily Mail and Mail on Sunday newspapers.
In a recent decision, causation proved to be a determinative factor in the viability of multiple claims subject to the same force majeure clause. District judge rules that broad.