The Traderszone Network

Published in TZ Latest News 19 December, 2015 by The TZ Newswire Staff

Martin Shkreli says securities fraud charges are ‘baseless’

Federal prosecutors have alleged that Shkreli was running a Ponzi-like scheme at his former hedge fund and a company he headed before he took the helm of Turing Pharmaceuticals Inc, where he created an uproar in September when the company raised the price of the drug Daraprim from $13.50 to $750 a tablet. “I am confident I will prevail,” Shkreli wrote on Twitter on Saturday.

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