Martin Shkreli Arrested ... FBI Nabs Wu-Tang Clan Album Buyer
Martin Shkreli ArrestedFBI Nabs Wu-Tang Clan Album Buyer
12/17/2015 4:59 AM PT
1:00 PM PST -- Shkreli was just released on a $5 million bond.
Martin Shkreli -- the hated pharmaceutical exec who dropped $2 mil for a Wu-Tang Clan album -- got busted by the FBI for securities fraud.
The feds arrested Shkreli early Thursday morning in Manhattan. The 32-year-old was already one of the most reviled and envied men in the country for inflating the price on an HIV/cancer treatment from $13.50 per pill to $750 per pill -- and envied for buying Wu-Tang's top secret "Once Upon a Time in Shaolin" record a few months ago.
The ex-hedge fund manager has been charged for illegally taking stock from a biotech firm he started, and using it to pay off debts from other biz deals ... according to Bloomberg.