Culture&Arts

Feds want 'Pharma Bro' Martin Shkreli's Wu-Tang Clan album

Feds want 'Pharma Bro' Martin Shkreli's Wu-Tang Clan album

Prosecutors said Friday Shkreli should be forced to forfeit $7.4 million, which could include $5 million in bail money and the album "Once Upon a Time in Shaolin".

Prosecutors on Thursday asked Brooklyn Federal Court Judge Kiyo Matsumoto to seize $7.4 million in assets from Shkreli, the former pharmaceutical executive and hedge fund manager who was convicted in August of defrauding investors. After trying to hike up the price of AIDS medication, he ended up copping the one of a kind Wu-Tang Clan Album Once Upon A Time In Shaolin and by luck, got his hands on Lil Wayne's highly-anticipated Tha Carter V.

Apple Counters Qualcomm with Patent Lawsuit of Its Own
Qualcomm already filed a series of similar claims against Apple back in July, again asking for payments and for a ban on iPhones. It claimed Cupertino's iBling infringed six patents, mostly concerning saving battery life, and even called for a full-on ban .

The government said in its submission Friday it may also seek a Picasso painting Shkreli owns, his Enigma machine from World War II and $5 million from his E-Trade brokerage account.

Shkreli spent months past year, in the lead-up to his criminal trial, in a odd game of cat-and-mouse with Lil Wayne to acquire the album.

WBS Airport doesn't expect lack of pilots for its American Airlines flights
It is unclear which specific routes have been affected and whether the issue extends to the airline's services to Asia-Pacific. American says only a few hundred of its late December flights remain without pilots, according to an Associated Press story.

Shkreli's attorney, Ben Brafman, tells TMZ, "Our position is clear". The album was put up for sale on eBay in September and appeared to have been sold for about $1 million, although no buyer has been identified.

In a "conservative computation of the proceeds Shkreli personally obtained as a result of his three different securities fraud crimes of conviction", the recommendation calls for three forfeitures for Shkreli, in amounts pf $2,998,000, $3,403,450 and $960,000 respectively for three different counts of securities fraud. Shkreli later apologized and said he was joking.

Roy Moore says liberal, LGBTQ 'conspiracy' to blame for sex abuse allegations
Moore wrote: "If you want to mock our Christian values, come down here to Alabama and do it man to man". There is nothing religious or Godly about a grown man taking advantage of young girls.

Shkreli is now in jail in Brooklyn and is scheduled to be sentenced on January 16, 2018. Several of Shkreli's former investors have testified in the trial.


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