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Feds hit ‘Pharma Bro’ Shkreli with new criminal charge in fraud case

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U.S. prosecutors tacked on an additional criminal charge to their case against former drug executive Martin Shkreli on Friday, alleging that he tried to conceal from investors his control over unrestricted shares in Retrophin Inc.

Federal prosecutors in the New York City borough of Brooklyn filed a superseding indictment with eight criminal counts against Shkreli, who last year became a lightning rod for outrage over soaring prescription drug prices. He was initially indicted in December on seven counts.

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Shkreli, 33, pleaded not guilty to the earlier indictment and is awaiting a possible trial this year or next.

“The new indictment adds nothing of value to the government’s case that still relies on a flawed theory as to Mr. Shkreli,” his lawyer Benjamin Brafman said in a statement.

According to the new indictment, in 2012 Shkreli and Retrophin’s outside counsel Evan Greebel divided 2 million of the company’s unrestricted shares across seven employees and contractors in such a way as to avoid the reporting requirements of federal securities law.

Shkreli and Greebel also in effect controlled the shares by preventing some of the employees and contractors from selling them but they did not disclose that control to securities regulators, the indictment says.

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Greebel, who was charged in the earlier indictment and pleaded not guilty, also faces the additional charge, bringing the number of counts against him to two. A lawyer for him declined to comment.

Last year, Shkreli sparked outrage after another company he ran, Turing Pharmaceuticals, raised the price of the drug Daraprim by more than 5,000 percent to $750 a pill.

(Editing by Chris Reese and Matthew Lewis)

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‘Horde of clueless angry white men’: Internet mocks Matt Gaetz for leading a raid on a secure impeachment hearing

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On Wednesday, Rep. Matt Gaetz (R-FL) led a gang of two dozen conservative lawmakers as they barged into a classified evidence meeting in the impeachment proceeding against President Donald Trump.

Gaetz — who is not a member of the Intelligence Committee but has demanded the right to review sensitive evidence as if he is one — received scorn from commenters on social media for his stunt:

This is their plan? I’m so fucking relieved we’re up against Matt Gaetz.

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BUSTED: Newly uncovered White House budget docs undercut one of Trump’s last defenses in Ukraine scandal

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President Donald Trump's insistence that he only pushed Ukraine to investigate former Vice President Joe Biden because he was concerned about "corruption" has been one of his primary defenses against House Democrats' impeachment inquiry.

However, the Washington Post has uncovered some White House budget documents that directly undercut the president's defense.

According to the Post, the Trump administration "has sought repeatedly to cut foreign aid programs tasked with combating corruption in Ukraine and elsewhere overseas" even though the White House has insisted that it is laser-focused on promoting good governance in the country.

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Rick Perry quickly gets stumped after claiming House impeachment inquiry is breaking the law

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Speaking on the Fox Business Network this Wednesday morning, outgoing Energy Secretary Rick Perry tried to dispel speculation that his coming resignation is due to his alleged involvement in the Ukraine fiasco enveloping the White House, saying that he had been planning to resign for "eight or nine months."

Perry jumped right into the subject of the impeachment inquiry targeting President Trump and the fact that his former department will not comply with a House subpoena for documents.

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