U.S. Government Sells Wu-Tang Clan Album Forfeited By Convicted Hedge Fund Manager Martin Shkreli
It was previously ordered to be forfeited as a substitute asset in connection with the close to $7.4 million forfeiture judgement against Shkreli.
It was previously ordered to be forfeited as a substitute asset in connection with the close to $7.4 million forfeiture judgement against Shkreli.
Shkreli was convicted of defrauding investors in two hedge funds.
"I was wrong, I was a fool. I should have known better," Shkreli wrote in his letter to Brooklyn federal court Judge Kiyo Matsumoto.
"Pharma Bro'' Martin Shkreli was back in court Friday for a hearing about whether he should forfeit millions of dollars in assets.
A judge ruled the provocative online antics of Shkreli, who is awaiting sentencing for a securities fraud conviction, were bad enough to put him behind bars.
Less than an hour after a U.S. jury convicted Martin Shkreli of securities fraud, the so-called ``Pharma Bro'' was back at his New York City apartment doing what comes naturally: trash talking in a live-stream on YouTube.
Martin Shkreli's trolling of his own trial has amused some onlookers. But legal experts say it could have serious consequences when it comes time for sentencing.
The former biotech CEO, nicknamed "Pharma Bro," is best known for hiking up the price of a life-saving drug and for trolling his critics on social media.
A defendant in a money laundering case has at least two things in common with "Pharma Bro" Martin Shkreli -- the same name and the same judge.
Jurors are on their fourth day of deliberations at the securities fraud trial of former pharmaceutical company CEO Martin Shkreli.
Tuesday marked the second day of jury deliberations in the securities fraud trial of former pharmaceutical boss Martin Shkreli.
On Friday, the jury heard closing arguments by prosecutors accusing Shkreli of looting his own drug company to pay back disgruntled investors in two failed hedge funds he ran.
The jury sat through four and a half weeks of testimony on fraud charges dealing with a hedge fund, although it has nothing to do with the company Shkreli is most famous for.
Prosecutor Alixandra Smith told a jury Thursday that Shkreli repeatedly lied to investors about how much money was in one of the funds as it was going under.
The jury in the securities fraud trial of "Pharma Bro" Martin Shkreli won't be hearing from the former biotech CEO.
Lawyers for Shkreli complained Tuesday that news coverage is tainting the jury pool.
Federal prosecutors say Shkreli, who sparked outrage in 2015 when he increased the price of a life-saving drug used by AIDS patients from $13 to $750, cheated investors out of millions in a Ponzi scheme.
Embattled pharmaceutical executive Martin Shkreli is giving some people what they want -- a chance to punch him in the face.
Prosecutors have filed additional criminal charges against Martin Shkreli, the pharmaceutical executive who separately was criticized for raising the price of a lifesaving malaria medication.
A Long Island artist has sued ex-pharmaceutical CEO Martin Shkreli and others over use of his art in a Wu-Tang Clan album.
Pharmaceutical chief Martin Shkreli refused to testify Thursday in an appearance before U.S. lawmakers who excoriated him over severe hikes for a drug sold by a company that he acquired.
Bad-boy ex-pharmaceutical company CEO and prolific social media user Martin Shkreli has been muzzled.
Martin Shkreli, the pharmaceutical executive arrested Thursday on charges of securities fraud related to a company he previously ran, has resigned as the head of one of the companies he now runs, Turing Pharmaceuticals.
Former hedge fund manager and controversial pharmaceutical company CEO Martin Shkreli has pleaded not guilty through his lawyer to securities fraud charges.
Newark Mayor Ras Baraka says the city will start enforcing its curfew for kids on May 3 after an uptick in crimes involving suspects under 18.
Street vendors in the Bronx are calling on the city to fix the system for getting a vending license.
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.
CBS New York's Vanessa Murdock looks back at historic tornado outbreaks, which highlight the fact that we don't have to be in the thick of severe weather season to witness a touchdown.
The MTA will invest $6 billion over the next decade to make mass transit more resilient to flooding during inclement weather.
Street vendors in the Bronx are calling on the city to fix the system for getting a vending license.
CBS New York's Vanessa Murdock looks back at historic tornado outbreaks, which highlight the fact that we don't have to be in the thick of severe weather season to witness a touchdown.
The MTA will invest $6 billion over the next decade to make mass transit more resilient to flooding during inclement weather.
Twenty years after the remains of two Gilgo Beach victims were found in Manorville, a widespread search has resumed there.
As protests continue at Columbia University, a group of students have filed a federal civil rights complaint against the school, accusing the university of discrimination against Palestinian students and allies.
CBS New York's Vanessa Murdock looks back at historic tornado outbreaks, which highlight the fact that we don't have to be in the thick of severe weather season to witness a touchdown.
Former MIT researcher Qinxuan Pan has been sentenced to 35 years in prison in the 2021 murder of Yale graduate student Kevin Jiang.
Two heroic men saved a little girl that was running into into a busy intersection in East Hartford, Connecticut.
Expect to see a passing shower this afternoon, with a rumble here and there. Temperatures will be in the upper 60s to around 70 degrees.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
Newark Mayor Ras Baraka says the city will start enforcing its curfew for kids on May 3 after an uptick in crimes involving suspects under 18.
CBS New York's Vanessa Murdock looks back at historic tornado outbreaks, which highlight the fact that we don't have to be in the thick of severe weather season to witness a touchdown.
At least two Princeton University students were arrested Thursday at a pro-Palestinian protest on campus where students began setting up tents.
A New Jersey woman has received a first-of-its-kind transplant using a modified pig kidney along with a heart pump.
The city of Passaic, New Jersey is receiving over $1.5 million in federal funds for flash flood remediation.
CBS New York's Vanessa Murdock looks back at historic tornado outbreaks, which highlight the fact that we don't have to be in the thick of severe weather season to witness a touchdown.
Twenty years after the remains of two Gilgo Beach victims were found in Manorville, a widespread search has resumed there.
Gov. Hochul secures funding for New Yorkers struggling with mental illness and involved in the criminal justice system.
Authorities with several law enforcement agencies continue to search an area in Manorville for evidence in the Gilgo Beach murders case.
U.S. News & World Report on Tuesday released their 2024 high school rankings, including nearly 2,000 in New York, New Jersey and Connecticut combined.
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.
Former President Donald Trump visited a construction site in Midtown for an NYC rally before returning to court in his alleged "hush money" trial.
Gov. Hochul secures funding for New Yorkers struggling with mental illness and involved in the criminal justice system.
Mayor Eric Adams announced New York City's executive budget for the next fiscal year on Wednesday.
House Speaker Mike Johnson was met with loud boos as he visited Columbia University, where he joined calls for the president's resignation amid pro-Palestinian protests.
A New Jersey woman has received a first-of-its-kind transplant using a modified pig kidney along with a heart pump.
Suffolk County law enforcement officers are now equipped with a tool to help people on the autism spectrum during stressful encounters.
High blood pressure, or hypertension, may increase the risk of dementia, according to a new study. Hear from a doctor for advice on lowering your risk factors.
A New York City company promoted "$0 cost" COVID tests, then got over 100 complaints after people were told they may owe hundreds.
On the eve of 4/20, Gov. Kathy Hochul unveiled a plan for law enforcement to lock up thousands of illegal marijuana shops.
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.
Mary J. Blige, Cher, Foreigner, A Tribe Called Quest, Kool & The Gang, Ozzy Osbourne, Dave Matthews Band and Peter Frampton have been named to the Rock & Roll Hall of Fame.
The classic musical, which first opened in 1966, is back on Broadway in an immersive new production titled "Cabaret at the Kit Kat Club," starring Eddie Redmayne, Gayle Rankin and Bebe Neuwirth. Leave your troubles outside!
Taylor Swift's new album, "The Tortured Poets Department," was released Friday, and Swifties in New York City came together to celebrate.
Anticipation was growing at a fever pitch before Taylor Swift's latest album, "The Tortured Poets Department," dropped at midnight EDT. But it turned out it's actually a double album.
The Jets have eight picks in the 2024 NFL Draft, including the final pick, aka "Mr. Irrelevant."
The New York Giants have six picks in the 2024 NFL Draft, which got underway at 8 p.m. Thursday in Detroit and ends on Saturday.
Aaron Judge hit a two-run homer in the first inning after Oakland starting pitcher Joe Boyle was called for a balk on the previous pitch and the New York Yankees beat the Athletics 7-3.
Francisco Lindor hit a pair of two-run homers and the New York Mets avoided a three-game series sweep with an 8-2 win over the San Francisco Giants.
Logan Webb pitched eight strong innings and extended his scoreless streak to 19 as the San Francisco Giants beat the New York Mets 5-1 on Tuesday night.
Street vendors in the Bronx are calling on the city to fix the system for getting a vending license.
Some Queens residents are fuming over cars parking on beloved greenway.
The 12th Annual Black Comic Book Festival returns to the Schomburg Center later this week.
There are plans to turn an Inwood parking lot into new affordable apartments for the community.
From affordable housing to commercial properties, New York City developers are addressing the climate crisis in a variety of ways.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
As much of the northeast experiences heavy rains, parts of New York City are beginning to flood.
Thousands of people flooded Union Square on Friday for a PlayStation giveaway promoted by livestreamer Kai Cenat.
A crane went up in flames high above Manhattan, then partially collapsed onto the street below.
Thursday was the ninth consecutive day of protests on campus at Columbia University. The president of Columbia has said that if her administration cannot reach an agreement with protesters by Friday morning, she will consider alternative options for clearing the encampment. CBS New York's Lisa Rozner reports.
The city of Newark will enforce a curfew starting in May. The mayor says it's needed after an uptick in youth-involved crimes. CBS New York's Jennifer Bisram reports.
New York City is home to more than 500 community gardens, offering neighborhoods a green oasis for gathering and learning. Volunteer gardeners are their driving force. CBS New York's Elle McLogan introduces us to one such volunteer who gardens with pride in Woodside.
Street vendors in the Bronx say they're being hit with more tickets and fines than they can count, and now they're calling on the city to make a change. CBS New York's Shosh Bedrosian has been following this story for months. Many vendors tell her they're trying to comply with the regulations, but can't physically get a license.
A new list is out on the top-ranked high schools in New York, New Jersey and Connecticut.