Judge Orders Martin Shkreli to Forfeit $7.3 Million

A federal judge in Brooklyn ordered convicted fraudster Martin “Pharma Bro” Shkreli to pay $7.36 million Monday for a scheme to defraud investors in his failing hedge funds, and he may also have to give up a Picasso and the only known copy of a secret Wu-Tung Clan album as part of the forfeiture.

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Shkreli Anointed With Sainted Language in Forfeiture Battle

Fighting to preserve Martin Shkreli’s assets, including multimillion-dollar investments, a painting by Picasso and the only copy of a secret Wu-Tang Clan album, an attorney for the disgraced biotech executive said Thursday that none of these proceeds can be tied to Shkreli’s crimes.

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