U.S. sells âPharma Broâ Shkreliâs unique Wu-Tang Clan album By Syndicated Content
By Jonathan Stempel
NEW YORK (Reuters) â The U.S. government said it sold imprisoned drug company executive Martin Shkreliâs one-of-a-kind album by Wu-Tang Clan to pay off the $7.36 million he was ordered to forfeit after being convicted of fraud.
In a letter to U.S. District Judge Kiyo Matsumoto, who oversaw Shkreliâs 2017 trial in Brooklyn, prosecutors said the forfeiture amount has been fully satisfied following the sale of the album âOnce Upon a Time in Shaolinâ and other asset sales.
The sale price and buyer were not disclosed because of a confidentiality provision in the contract, prosecutors said.
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“Pharma Bro” Martin Shkreli is either a con man who scammed hedge fund investors of millions or a nerdy genius who made them even richer..
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U.S. sells Pharma Bro Shkreli s Wu-Tang Clan album
By Jonathan Stempel
Reuters
NEW YORK (Reuters) -The U.S. government said it sold imprisoned drug company executive Martin Shkreli s one-of-a-kind album by Wu-Tang Clan to pay off the $7.36 million he was ordered to forfeit after being convicted of fraud.
In a letter to U.S. District Judge Kiyo Matsumoto, who oversaw Shkreli s 2017 trial in Brooklyn, prosecutors said the forfeiture amount has been fully satisfied following the sale of the album, Once Upon a Time in Shaolin, and other asset sales.
The sale price and buyer were not disclosed because of a confidentiality provision in the contract, prosecutors said.
U.S. sells ‘Pharma Bro’ Shkreli’s Wu-Tang Clan album
FILE PHOTO: Former drug company executive Martin Shkreli exits U.S. District Court after being convicted of securities fraud, in the Brooklyn borough of New York City, U.S., August 4, 2017. REUTERS/Carlo Allegri
July 28, 2021
By Jonathan Stempel
NEW YORK (Reuters) -The U.S. government said it sold imprisoned drug company executive Martin Shkreli’s one-of-a-kind album by Wu-Tang Clan to pay off the $7.36 million he was ordered to forfeit after being convicted of fraud.
In a letter to U.S. District Judge Kiyo Matsumoto, who oversaw Shkreli’s 2017 trial in Brooklyn, prosecutors said the forfeiture amount has been fully satisfied following the sale of the album, “Once Upon a Time in Shaolin,” and other asset sales.
Martin Shkreli: One of a kind Wu-Tang Clan album sold by US government kingdomfm.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kingdomfm.co.uk Daily Mail and Mail on Sunday newspapers.