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Shkreli gets 7 years for investor fraud

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March 10, 2018

Martin Shkreli (file) has been sentenced to seven years in prison for defrauding investors.

Martin Shkreli, the former drug company executive who made headlines by jacking up the price of a life-saving drug before he was accused and found guilty of defrauding investors, has been sentenced to seven years.

Shkreli, 34, was sentenced by US District Judge Kiyo Matsumoto in Brooklyn federal court on Friday.

His lawyers had asked the judge to impose a sentence of 12 to 18 months, while prosecutors have sought at least 15 years.

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