Tag: headed-before
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Martin Shkreli says securities fraud charges are ‘baseless’
By Frank McGurty NEW YORK (Reuters) – Martin Shkreli, the pharmaceuticals entrepreneur vilified for jacking up the price of a life-saving AIDS drug, said on Saturday that unrelated securities fraud allegations that resulted in his arrest this week were “baseless and without merit.” Federal prosecutors have alleged that Shkreli was running a Ponzi-like scheme at…
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New York drug bust nets 136 pounds of cocaine worth estimated $3 million
Mark Soto and Xavier Herbert-Gumbs, face felony drug possession charges after authorities said they found a total of 136 pounds (61.7 kg) of cocaine in their vehicles in the Bronx, according to a statement by the Office of the Special Narcotics Prosecutor in New York. “This is the largest cocaine seizure that our office has…