Judge Wants More Details on Ex-drug Executive Shkreli's Finances

Judge Wants More Details on Ex-drug Executive Shkreli’s Finances

Former drug company executive Martin Shkreli should reveal more about his finances if he wants his $5 million bail cut to $2 million, a Brooklyn federal judge said Monday, a week before Shkreli is set to face trial on securities fraud charges. Shkreli drew public outrage after raising the price of a life-saving drug 5,000 percent when he was CEO of Turing Pharmaceuticals in 2015. His lawyers said in a court filing last week that he needed the $3 million to pay back taxes and his lawyers and accountants.


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