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.
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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.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
The New York City Council Committee on Civil and Human Rights voted to declare Nov. 30 Shirley Chisholm Day.
Arthur Frommer, whose "Europe on 5 Dollars a Day" guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, has died. He was 95.
Jalen Brunson had 26 points and 11 assists, leading the Knicks to a 134-106 win over the reeling Wizards on Monday.
Yankees right-hander Luis Gil captured the AL Rookie of the Year Award on Monday, edged Baltimore's Colton Cowser.
The New York City Council Committee on Civil and Human Rights voted to declare Nov. 30 Shirley Chisholm Day.
Yankees right-hander Luis Gil captured the AL Rookie of the Year Award on Monday, edged Baltimore's Colton Cowser.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
Prosecutors rested their case Monday in the trial of Daniel Penny, the Marine veteran charged in the chokehold death of Jordan Neely on board a subway train last year.
New York City and 10 other counties are now under a drought warning. The Big Apple had previously been under a drought watch.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
The risk of wildfire development will remain elevated across the Tri-State Area through the next several days.
A Red Flag Warning is in effect today across the entire Tri-State Area until 6 p.m.
Service is finally restored after a transformer explosion and fire along Amtrak tracks in the Bronx caused service suspensions throughout the region Tuesday and Wednesday.
A Red Flag Warning is back in effect for much of New York, New Jersey and Connecticut, as the fire threat remains high.
New Jersey Rep. Mikie Sherrill, a Democrat, says she is running for governor in 2025.
Orange County, New York is dealing with an extended state of emergency due to the ongoing Jennings Creek wildfire.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
Hundreds of delays at Newark Liberty International Airport on Saturday resulted from air traffic control staffing problems.
The risk of wildfire development will remain elevated across the Tri-State Area through the next several days.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
A cellphone company worker says he was attacked by a Long Island law enforcement officer while doing his job.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
Stony Brook residents are calling for the restoration of the centuries-old Mill Pond, which was drained and destroyed during a torrential storm in August.
A Rockville Centre police detective faces hate crime charges following an incident in Manorville, prosecutors said Wednesday.
Leaders in Nassau and Suffolk counties rolled out a strategy Monday to try and stop congestion pricing.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
New Jersey Rep. Mikie Sherrill, a Democrat, says she is running for governor in 2025.
The MTA board voted to approve Gov. Kathy Hochul's revamped New York City congestion pricing plan today.
President-elect Donald Trump's Cabinet and senior staff picks are facing an uncertain future as his selections received mixed reviews in recent days — and a handful sent shockwaves through Washington.
The packaging label omitted a key ingredient, prompting a Food and Drug Administration recall.
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
Gov. Kathy Hochul on Tuesday announced a $150 million investment in a new state-of-the-art cell and gene therapy hub to be built on Long Island.
Dozens of New York and New Jersey schools are impacted by a recall of meat and poultry products potentially contaminated with listeria.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Sean "Diddy" Combs has tried to reach out to prospective witnesses and sway public opinion from jail in NYC to influence potential jurors in his sex trafficking trial, prosecutors say.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Six Flags announced it shut down the Kingda Ka and Green Lantern roller coasters to make way for two new rides including The Flash coaster.
Jalen Brunson had 26 points and 11 assists, leading the Knicks to a 134-106 win over the reeling Wizards on Monday.
Yankees right-hander Luis Gil captured the AL Rookie of the Year Award on Monday, edged Baltimore's Colton Cowser.
The New York Giants are benching quarterback Daniel Jones and fan-favorite Tommy DeVito will start against the Tampa Bay Buccaneers this week, the team announced Monday.
Jonathan Quick stopped 24 shots for his second straight shutout as the New York Rangers beat the Seattle Kraken on Sunday night.
Karl-Anthony Towns had 26 points and 15 rebounds, and the Knicks completed a weekend sweep of the Nets with a 114-104 victory on Sunday.
Families in Central Harlem will soon settle into their new homes at Marcus Garvey Village, which also brings free gathering spaces to the community and an LGBTQ center.
The Hispanic Society's new exhibit traces how different cultures influenced the women of Spain as they found their own voices throughout history.
Brooklyn transit riders are worried about an ongoing proposal to cut bus stops as part of a redesign project.
A Long Island man's life savings were stolen from his bank account, and he says he's been waiting a year to get it back.
As work is being completed on a six-block stretch of the Ocean Parkway Greenway, cyclists say the rest of the bike path is overdue for upgrades.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
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."
Monsignor Jamie Gigantiello has been stripped of his duties at the Annunciation of the Blessed Virgin Mary Church in Williamsburg.
New York City will honor pioneering Congresswoman Shirley Chisholm. The City Council Committee on Civil and Human Rights voted to declare Nov. 30 Shirley Chisholm Day.
The MTA board on Monday fast-tracked Gov. Kathy Hochul's plan to to finance mass transit with congestion pricing, rubber-stamping her plan to charge drivers a fee to enter Manhattan's Central Business District. CBS News New York's Derick Waller reports.
Police said a 51-year-old homeless man, identified as Ramon Rivera, was apprehended following the third attack and has been charged with three counts of first degree murder. CBS News New York's Christina Fan reports.
Looks like we may finally get some much-needed rain later this week. CBS News New York's Tony Sadiku has a look at the First Alert Weather forecast.
