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You are here News Domestic (USA) U.S. judge orders ex-drug executive Shkreli to give up $7.36 million

U.S. judge orders ex-drug executive Shkreli to give up $7.36 million

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martin Shkreli ordered to return $7.36bFormer drug company executive Martin Shkreli may have to give up a Picasso and a one-of-a-kind Wu-Tang Clan album, after a U.S. judge on Monday ordered him to forfeit $7.36 million following his conviction of defrauding investors.

U.S. District Judge Kiyo Matsumoto in Brooklyn said the assets Shkreli could forfeit to satisfy the judgment also include $5 million in a brokerage account and his stake in Vyera Pharmaceuticals, one of the drug companies he founded.

Shkreli is scheduled to be sentenced for securities fraud on Friday.



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