Oh, how the mighty have fallen. Martin Shkreli, who first gained public infamy by drastically raising the price of life-saving drug Daraprim, has been arrested for allegedly taking stock from a biotechnology firm he started in 2011, and using it to pay off personal debts.
It’s a little complicated, but essentially Shkreli took money that wasn’t his and then used it to pay for debts that were his. How much money? Well, allegedly nearly $3 million. The fact that he could be in debt in the first place is laughable, given that he was in one of the most profitable industries in the world. Perhaps buying Wu-Tang albums for $2 million has something to do with it?
It’ll be interesting to see how all of his newfound friends (see Fetty Wap above) treat him now that he’s been in jail. Most likely, the rat will try to use it to up his own street cred, before paying millions of dollars to produce a rap album under the name Marty Shkrilla. Everybody on Twitter is already blowing up over it.
Anyway, they say innocent until proven guilty, but that doesn’t mean you can’t celebrate the arrest of a truly awful human being.