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    'Pharma Bro' Martin Shkreli Loses Appeal, Will Stay In Prison

    In addition to ordering Shkreli to stay in prison, a federal appeals court also affirmed that he must forfeit more than $7.3 million and pay restitution of $388,336.
    by Bill Chappell Jul 18, 2019 2 minutes
    Former pharmaceutical executive Martin Shkreli must remain in prison for securities fraud, a federal appeals court ruled Thursday. Shkreli is seen here in 2017, speaking after the jury reached a verdict in his case in a federal court in Brooklyn, N.Y.

    Martin Shkreli — the former pharmaceutical CEO widely known as "Pharma Bro" — lost his bid to overturn a seven-year prison sentence for fraud Thursday. The U.S. Court of Appeals for the 2nd Circuit affirmed Shkreli's 2017 conviction.

    The appeals court judges ruled against

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