announcer: it s 10:00 p.m. do you know where your children are? right now on fox 5 news at 10:00 p.m. steve: the feds bust senatorial pharmaceutical ceo, once dubbed the most hated man in america, martin shkreli made headlines when he jacked a price a life-saving drug by 5000%. swindling investors in an unrelated scheme. sharon crowley has more. reporter: that s right, he is accused of making bad trades on wall street, costing investors millions and trying to cover it reporter: martin shkreli lied to investors and price gouged. he walked out of court on a by the media. he is accused of operating a ponzi scheme that defrauded investors out of millions. he used each subsequent company to pay off prior investors from other companies tour into hedge funds. the pharmaceutical company he started and ran was part of it. he told investors that one of the funds is worse than worth $35 million when the actual value is $700. hedge fund which he founded in 2011. here again he lied to
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but first, the nightline 5. the spill. now the scrub and the second guess. finally, the rewash. or you can make it easy and do the pod with tide pods. the first 3 in 1 laundry pack. it cleans brightens and removes stains in one step. one step to an amazing good evening. a high society murder cass. a son raised in luxury accused of shooting his father. a wealthy hedge fund manager. could the 30-year-old son truly have gone after his dad over a squabble about his weekly allowance? or was there something deeper and darker at work in this family dynamic? here s abc s linsey davis. reporter: it seemed like a charmed life. fancy boarding schools, summers in the hamptons. what is now said to be the reality of tommy gilbert jr. s life came into sharp focus monday when he stood before a night court judge charged with the murder of his 70-year-old fathered with a multimillion-dollar hedge fund. a murder made to look like a suicide, police say. and news that tommy is the prime sus