Karma has finally come for Martin Shkreli, America’s most hated man. The hedge-fund manager who became notorious for buying the rights to critical anti-parasite drugs used to treat HIV/AIDS patients and then jacking up the price by 5000% (from $13.50 to $750!) has found himself in a sticky situation. The personification of capitalist excess, white privilege, and disgusting smugness has found himself arrested by federal authorities for securities fraud. After the outrage over his price-gouging ways died down, he broke his public promise and refused to lower the price of Daraprim. He recently acquired KaloBios Pharmaceuticals and is planning to raise the price of courses of benznidazole, used to treat a disease in Latin America known as “Chagas,” from $100 to $100,000. His utter lack of remorse from ripping off the sick only makes this news even sweeter.
Karma Strikes: Price-Gouging Pharma CEO Arrested For Fraud and Embezzlement | Occupy Democrats
Karma Strikes: Price-Gouging Pharma CEO Arrested For Fraud and Embezzlement | Occupy Democrats