Home / Market News / Martin Shkreli jailed over Facebook posts threatening Hillary Clinton

Martin Shkreli jailed over Facebook posts threatening Hillary Clinton

Martin Shkreli was jailed late Wednesday after a federal judge revoked his bail after the notorious “pharma bro” offered a bounty last week for locks of Hillary Clinton’s hair. Judge Kiyo Matsumoto’s ruling came after prosecutors argued Shkreli was a danger to the public, citing repeated online threats and harassing comments. On Tuesday, Shkreli apologized for the since-deleted Facebook posts in which he offered $5,000 for strands of Clinton’s hair. While he claimed it was a joke, the Secret Service took it seriously and opened an inquiry into the matter. In August, Shkreli was convicted of defrauding hedge-fund investors, and faces up to 20 years in prison. His sentencing is scheduled for January.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


Read Full Story