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‘Pharma Bro’ Martin Shkreli convicted of fraud

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Martin Shkreli, the infamous former CEO of Turing Pharmaceuticals, has been found guilty of securities fraud.

CNBC reports that a jury on Friday found the 34-year-old Shkreli — who earned the nickname “Pharma Bro” after he became the public face of price gouging in the pharmaceutical industry — guilty of multiple criminal charges.

Shkreli now faces years in prison after being found guilty of two charges of securities fraud and one charge of conspiracy to commit securities fraud. The former Turing CEO was found not guilty of five other fraud-related charges.

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Shkreli was arrested in late 2015 on securities fraud charges, as authorities alleged he took stock from a biotechnology firm he founded and used it to pay off debts for unrelated business dealings.

“Prosecutors said a mountain of testimony and evidence at trial showed that Shkreli duped multiple investors into putting millions of dollars into two hedge funds he ran… by falsely claiming to have an excellent record of running such funds,” writes CNBC. “After getting their money, prosecutor said, Shkreli quickly lost much of it, and also used some of it to capitalize his infant pharmaceuticals company, Retrophin, even as he continued sending out financial statements to investors claiming positive returns.”

Shkreli first gained notoriety after it was revealed that his company Turing Pharmaceuticals raised the price of an important AIDS-related drug called Daraprim from $13.50 per tablet to $750 per tablet.

 

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Nine 2020 Democrats unite to demand DNC Chair Tom Perez scrap debate rules: report

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The Democratic National Committee is facing a revolt for the party's 2020 presidential candidates for its restrictive debate rules.

"Nine Democratic presidential candidates, including the party's front-runners, are urging the Democratic National Committee to toss out the current polling and fundraising rules used to determine who appears in televised debates and reopen the exchanges to better reflect the historic diversity of the current field. The candidates say the rules exclude diverse candidates in the field from participating," CBS News reported Saturday evening.

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‘You can say Merry Christmas again’: Lara and Eric Trump declare victory in the War on Christmas

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For years, conservatives have complained about a "War on Christmas" -- but President Donald Trump finally won the war, according to his son and daughter-in-law.

Fox News personality Jeanine Pirro interviewed Eric Trump and his wife Lara in Trump Tower, which Pirro called the "New York White House."

Pirro told the two they had "done wonderful things for the country" and said Trump had ended political correctness and people could say "Merry Christmas."

"You can say Merry Christmas again," Lara Trump said. "Isn't that so nice, Jeanine?"

"It's incredible," Eric Trump said. "It is nice to say Merry Christmas again."

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‘Donald Trump was right from the beginning’: Jeanine Pirro tells Fox News audience the opposite of reality

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Less than two hours after a guest on CNN warned that Fox News is a threat to national security for its lies to support Donald Trump, Fox News personality Jeanine Pirro appeared to prove his point.

Pirro went on an angry rant in her opening, claiming that the DOJ inspector general report showed bias, despite the fact that the report found the opposite.

Regardless the facts, Pirro claimed that President Donald Trump had been vindicated.

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