Martin Shkreli Goes On Trial — What To Expect

By Bennett Gershman ( June 27, 2017, 3:43 PM EDT) -- Jury selection in the securities fraud trial of Martin Shkreli has begun, with prospective jurors hurling inflammatory rhetoric at him, calling him a "snake" and "the most hated man in America." Shkreli, known as "pharma bro" for his arrogant and unscrupulous behavior, has been reviled in the media, most notably for jacking up the cost by 5,000 percent of a life-saving drug his pharmaceutical company marketed. Shkreli revels in self-promotion. He live-streams himself for hours at a time playing video games at home in his pajamas. He regards himself as a 32-year-old financial genius who lured people through false promotions and fabricated performance reports to invest in his hedge funds, and then, in Ponzi-like fashion, orchestrated a scheme to cover up his fraud. A federal grand jury indicted him in 2015 on eight counts of conspiracy, securities fraud and wire fraud....

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