NEW YORK — Martin Shkreli, accused of defrauding his hedge fund investors and a pharmaceutical company, was convicted on three of eight counts on Friday, after a five-week trial in U.S. District Court in Brooklyn, N.Y.Shkreli was accused of securities and wire fraud related to two hedge funds he ran, MSMB Capital and MSMB Healthcare.The prosecution brought forth an “avalanche” of evidence, as prosecutor Jacquelyn Kasulis put it in her rebuttal argument, that included a threatening letter he sent to the wife of a former employee, statements he sent to MSMB investors showing great returns at the same time he had no money in fund accounts, three versions of a backdated agreement to make it look as if MSMB Capital had invested in Retrophin when it had not, as well as claims about assets under management that were wildly out of line with his actual fund size.
NYS Entity Status
NYS Filing Date
MARCH 28, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED PARTNERSHIP
2013 - AMERICAN SECURITIES OPPORTUNITIES FUND III, L.P.
AROUND THE WEB
- Martin Shkreli is found guilty of fraud
By Stephanie Clifford and Colin Moynihan - Friday Aug 4, 2017
- Nearly 2 tons of seized ivory to be crushed in Central Park
By MARY ESCH, Associated Press - Thursday Aug 3, 2017
ALBANY, N.Y. (AP) — Nearly two tons of trinkets, statues and jewelry crafted from the tusks of at least 100 slaughtered elephants are heading for a rock crusher in New York City's Central Park to demonstrate the state's commitment to smashing the illegal ivory trade.[...] state environmental officials, who are partnering with the Wildlife Conservation Society and Tiffany & Co. for Thursday's "Ivory Crush," say no price justifies slaughtering elephants for their tusks.Last year, the U.S. Fish and Wildlife Service instituted a near-total ban on the domestic commercial ivory trade and barred sales across state lines.Since August 2014, New York law has prohibited the sale, purchase, trade or distribution of anything made from elephant or mammoth ivory or rhinoceros horn, except in limited situations with state approval.The World Wildlife Fund says the illegal wildlife trade not only threatens animal populations, but also endangers national security by funding terrorist cells.
- Rapper Common surprises students at NY school, donates money
By MESFIN FEKADU, AP Music Writer - Thursday Jul 20, 2017
Rapper Common surprises students at NY school, donates moneyNEW YORK (AP) — Oscar and Grammy winner Common surprised a group of New York students by donating $10,000 to help their teachers buy supplies like calculators and science kits.The rapper-actor partnered with the nonprofit AdoptAClassroom.org and Burlington Stores to give Renaissance School of the Arts in Harlem the funds on Thursday.Jadon-Li M. Antoine, an aspiring musician, actor and dancer, said Common's visit motivates him to keep aiming for his dreams.Burlington has been raising money from its 599 stores to help other schools, asking customers to donate $1 or more.
- Countering Cybersecurity Turnover: 57 Companies That Do It Best
By Bruce V. Bigelow - Thursday Jun 1, 2017
What does it take to keep highly skilled cybersecurity employees? Salary and benefits are table-stakes. Challenging work, ongoing training, an opportunity to advance without having to become a manager, and a talented peer group all help companies recruit and retain these sought-after “ninjas”—the individuals who can do what artificial intelligence security tools can’t. Research from […]
- Hockey Hall of Famer Dick Gamble to get ring back
Monday Jul 24, 2017
Hockey Hall of Famer Dick Gamble to get ring backPITTSFORD, N.Y. (AP) — A scuba-diving treasure hunter who found an American Hockey League Hall of Fame ring in one of New York's Finger Lakes is returning it to its owner.
- ‘Morning Joe:’ Scarborough Calls Trump’s NY Times Interview ‘William Faulkner on Acid’ (Video)
By Ashley Boucher, provided by
- Thursday Jul 20, 2017
Morning Joe” host Joe Scarborough said Thursday that President Donald Trump’s rambling, stream of consciousness interview with the New York Times sounds like “William Faulkner on acid.“I mean the sentences just keep going on, but they’re garbled and make absolutely no sense,” the host said, referring to the Nobel Prize laureate’s distinctive writing style.“Well, John McCain, obviously a giant in Washington, D.C., but he’s been a giant in American life for a very long time and he served his entire adult life for the American people,” Scarborough said.