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.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
Nassau County DA Anne Donnelly said Wen-Lone Chou stockpiled parts and tested the guns he built in a makeshift shooting range in his Mineola basement.
A federal immigration investigation on Wednesday ended with a chaotic crash in Newark, New Jersey, officials say.
Julie Menin is settling into her role as the seventh elected speaker of the New York City Council.
New York City Mayor Zohran Mamdani traveled to Washington, D.C., Thursday to meet with President Trump.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
Nassau County DA Anne Donnelly said Wen-Lone Chou stockpiled parts and tested the guns he built in a makeshift shooting range in his Mineola basement.
Julie Menin is settling into her role as the seventh elected speaker of the New York City Council.
New York City Mayor Zohran Mamdani traveled to Washington, D.C., Thursday to meet with President Trump.
The Department of Homeland Security said ICE agents detained Elmina "Ellie" Aghayeva at Columbia University Thursday, saying her student visa was revoked in 2016. She was later released.
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Pet owners should be extra cautious with their pets during and after the major winter snowstorm impacting the New York and New Jersey area.
Double-digit snow totals have been reported across New York, New Jersey and Connecticut as a major blizzard begins to wind down.
The storm has started to wrap up in New York City, New Jersey and beyond, with impressive snow totals left in its wake.
A blizzard warning has been issued for New York City and the surrounding area as a major snowstorm develops along the coast.
A federal immigration investigation on Wednesday ended with a chaotic crash in Newark, New Jersey, officials say.
Staff at Adventure Aquarium in New Jersey are welcoming three little blue penguin chicks who were born during the first week of February.
Gov. Mikie Sherrill nominated Jeanne Hengemuhle to serve as acting superintendent of New Jersey's 3,000-member state police force.
New Jersey is facing a lawsuit over a recent directive limiting immigration operations in state-controlled buildings.
New Jersey Gov. Mikie Sherrill commended the state's response to the major blizzard, but she said they aren't out of the woods yet.
Nassau County DA Anne Donnelly said Wen-Lone Chou stockpiled parts and tested the guns he built in a makeshift shooting range in his Mineola basement.
A Long Island crossing guard is in critical condition after being hit while shoveling snow in Merrick, sources said.
Dozens of people were displaced and three suffered minor injuries after a fire at a West Babylon, Long Island apartment complex.
Long Island grandfather's Seth Bykofsky's #1 fight since January has been to keep his custom license plate, which reads "PB4WEGO."
Another round of snow is impacting the Tri-State Area Wednesday, just after a major blizzard dumped more than 2 feet of snow in some parts of New York and New Jersey.
Julie Menin is settling into her role as the seventh elected speaker of the New York City Council.
New York City Mayor Zohran Mamdani traveled to Washington, D.C., Thursday to meet with President Trump.
Gov. Mikie Sherrill nominated Jeanne Hengemuhle to serve as acting superintendent of New Jersey's 3,000-member state police force.
The Department of Homeland Security said ICE agents detained Elmina "Ellie" Aghayeva at Columbia University Thursday, saying her student visa was revoked in 2016. She was later released.
Former Secretary of State Hillary Clinton said in her opening statement before the House Oversight Committee that she had no knowledge of Jeffrey Epstein's crimes.
For the first time in 30 years, the Food and Drug Administration has approved a new treatment for an inoperable type of pancreatic cancer.
NYSNA has reached a tentative contract agreement with NewYork-Presbyterian, signaling a potential end to the longest nurses strike in New York City history.
NYSNA ratified contracts with Montefiore and Mount Sinai, clearing the way for nurses to return to work Saturday after walking off one month ago.
The longest and largest nurses strike in New York City history is set to end after over three weeks as NYSNA says it has a tentative agreement.
Mount Sinai Health System and Anthem Blue Cross Blue Shield failed to reach a contract agreement by Dec. 31, which means about 9,000 physicians are no longer considered in-network.
Harvey Weinstein has hired Luigi Mangione's and Sean "Diddy" Combs' lawyers to represent him at his third New York rape trial.
Harlem's Lafayette Theatre is believed to be the first major New York City theater to desegregate, just a year after its opening.
Nick Reiner, 32, was charged with two counts of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner.
"Jersey Shore" star Nicole "Snooki" Polizzi said in a TikTok video that her results at a post-op appointment for a cone biopsy showed stage 1 cervical cancer.
In April 2025, Eric Dane announced he had been diagnosed with amyotrophic lateral sclerosis, or ALS.
The Buffalo Sabres beat the New Jersey Devils 2-1 on Wednesday night in the NHL's return to action.
CC Sabathia's No. 52 will be retired on Sept. 26 by the New York Yankees.
The Cavaliers pulled away in the second half for a 109-94 victory over the Knicks on Tuesday night.
The Mavericks beat the Nets 123-114 on Tuesday night after both teams arrived in New York earlier in the day.
Karl-Anthony Towns had 28 points and 11 rebounds for his NBA-leading 39th double-double and the Knicks outlasted the sliding Bulls 105-99 on Sunday night.
Could New York City's harsh winter weather end up curbing the number of rats? Here's why experts are saying don't count on it.
A Jewish congregation in Brooklyn is fighting to save their historic house of worship.
Harlem's Lafayette Theatre is believed to be the first major New York City theater to desegregate, just a year after its opening.
Multiple rezonings in Queens are paving the way for tens of thousands of new units, but some residents worry about how it could affect their communities.
Residents and skate advocates clash over a proposed Mount Prospect Park skate facility, as city officials promise an updated design this spring.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
The blizzard and bitter cold has some of New York City's smallest residents burrowing for warmth. Could the harsh weather end up curbing the number of rats in the city? CBS News New York's Elle McLogan reports.
The incident has since sparked controversy over whether the people involved should face charges. Police Commissioner Jessica Tisch and Gov. Kathy Hochul are on one side of the issue, and New York City Mayor Zohran Mamdani is on the other. CBS News New York's Marcia Kramer reports.
A 67-year-old retiree is facing charges of making illegal guns in his Long Island home. He's accused of stockpiling parts and testing the weapons in his basement. CBS News New York's Carolyn Gusoff reports.
The steeple of a New Jersey church that's more than 100 years old was damaged in this week's snowstorm, but as CBS News New York's Kristie Keleshian reports, the community is already at work.
A crossing guard who was hit while shoveling snow on Long Island has been hospitalized in critical condition, sources said. CBS News New York's John Dias reports.
