On Wednesday, a federal judge revoked the $5 million bail of Martin Shkreli, the former hedge fund manager convicted of defrauding investors, and charging ridiculously exorbitant prices for lifesaving drugs, after prosecutors complained that Shkreli’s online antics posed a risk to the community, reports Renae Merle.
Shkreli apparently has been trying to become an online celebrity while awaiting sentencing and an appeal date.
“The fact that he continues to remain unaware of the inappropriateness of his actions or words demonstrates to me that he may be creating ongoing risk to the community,” U.S. District Judge Kiyo Matsumoto said when revoking Shkreli’s bond.
According to prosecutors, Shkreli, who faces up to 20 years in prison for securities fraud, has taken to harassing women, especially female journalists, online — even offering followers on Facebook $5,000 to grab a strand of Hillary Clinton’s hair during her national book tour — says Merle.
His posts, the lead prosecutor argued, demonstrated an “escalating pattern of violence against women that is incredibly disturbing,” and “He knew exactly what he was doing.”
Shkreli penned an apology, explaining that he never expected anyone to take his online comments seriously, while his attorneys pleaded with the judge to give the boy blunder another chance but to no avail.
However, the judge rightly categorized his Facebook post as a “solicitation of assault,” which “is not protected by the First Amendment.” And that, as they say, was that.
Have fun in the slammer, you whining miscreant.