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by gamblor956
1789 days ago
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It's disturbing that Skreli openly committed massive financial fraud and you're more concerned about the government doing its job. Skreli's investors didn't sue him because they profited from the fraud. It's the downstream investors who were harmed here, and they can sue Skreli...and the investors who profited from his fraudulent investments. |
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> 4. How much did investors lose?
> Nothing. Shkreli partly repaid them with Retrophin stock and several witnesses told the jury they ended up with multimillion-dollar profits. One invested $1.25 million in Shkreli’s hedge fund, got $1.6 million back and 150,000 Retrophin shares, currently worth about $2.9 million. Another said she ended up with a $2.7 million profit from a $300,000 initial investment.
https://fortune.com/2017/08/05/why-martin-shkreli-is-guilty-...