Trump compared to 'Pharma Bro' in latest filing in New York fraud case

New York attorney general Letitia James cited "Pharma Bro" Martin Shkreli's lifetime ban from the pharmaceutical industry to justify a similar penalty against Donald Trump.

The 2nd U.S. Circuit Court of Appeals on Tuesday unanimously affirmed the lifetime ban against Shkreli, who was also ordered to repay $64.6 million because of his antitrust violations, and James told Manhattan Supreme Court justice Arthur Engoron that new precedent also fit her case against the former president, reported The Messenger.

James' office was behind the legal efforts against both Shkreli and Trump, and the Federal Trade Commission was also a co-plaintiff in the four-year-old case that resulted in the disgraced pharmaceutical CEO's lifetime ban for dramatically hiking up the price for the life-saving drug Daraprim.

The attorney general has asked Engoron to ban Trump and two former business associates, Allen Weisselberg and Jeffrey McConney, from New York's real estate industry for fraudulently inflating the ex-president's assets by billions, and James wants Trump to repay about $370 million in "ill-gotten gains."