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Reviled pharma boss Shkreli arrested on fraud charges

Published Fri, Dec 18, 2015 · 09:50 PM
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New York

A REVILED US pharmaceutical boss who caused a storm in September by jacking up the price of a life-saving drug by 5,000 per cent was arrested on Thursday on fraud charges, prosecutors said.

The arrest of Martin Shkreli - who has appeared to revel in his notoriety - was not linked to the massive increase in the price of Daraprim, a drug used to treat malaria and infections suffered by people with HIV.

The former hedge fund manage…

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