Breaking: Judge Revokes Martin Shkreli’s Bail, Sends Him Back to Jail


A federal judge ordered former drug company CEO Martin Shkreli to stay behind bars while he awaits sentencing on charges of defrauding investors.

Judge Kiyo Matsumoto revoked Shkreli’s $5 million bond after he offered in a Facebook post to pay $5,000 to anyone who obtained a sample of former presidential candidate Hillary Clinton‘s hair, reports The Hill.

In a letter filed with the court, Shkreli apologized for the social media post. The letter was addressed to Matsumoto.

“I wanted to personally apologize to this Court and my lawyers for the aggravation that my recent postings have caused,” he wrote.
“I understand now, that some may have read my comments about Mrs. Clinton as threatening, when that was never my intention when making those comments. I used poor judgment but never intended to cause alarm or promote any act of violence whatsoever.”
“It never occurred to me that my awkward attempt at humor or satire would cause Mrs. Clinton or the Secret Service any distress,” Shkreli added.
“I want to assure Your Honor that I am not a violent person, have never personally engaged in any violent behavior, nor have I ever intentionally encouraged anyone to so do.”

According to Shkreli’s attorney, the self-proclaimed “Pharma Bro’s” Facebook followers understood that the offer was posted in jest, and that it almost certainly wouldn’t have been taken seriously.

Shkreli’s defense team told the judge they didn’t condone their client’s comments. Still, they said, it was all just hyperbole from a harmless guy who shouldn’t get his bail revoked.

Martin first gained notoriety in 2015 when he raised the price of a pill used by AIDS patients from $13.50 to $750 while he was CEO of Turing Pharmaceuticals. His bombastic personality and prolific use of social media has kept him in the spotlight since then.


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