Big Frauds

Pharma Bro's trial a test for fraud prosecution

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Written by: Steve C. Morang, CFE
Date: November 1, 2017
Read Time: 8 mins

Martin Shkreli (aka Pharma Bro) is best known as the Turing Pharmaceuticals CEO who overnight raised the price of Darprim — an essential drug for AIDS patients — by 5,000 percent, which led the BBC to ask whether he is “the most hated man in America.” (See Shkreli, Drug Price Gouger, Denies Fraud and Posts Bail, by Christie Smythe and Keri Geiger, Bloomberg, Dec. 17, 2015 and Who is Martin Shkreli - ‘the most hated man in America’? by Zoe Thomas and Tim Swift, BBC, August 4.)

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