UPDATE: Martin Shkreli jailed over Facebook posts threatening Hillary Clinton
Martin Shkreli was jailed late Wednesday after a federal judge revoked his bail after the notorious "pharma bro" offered a bounty last week for locks of Hillary Clinton's hair. Judge Kiyo Matsumoto's ruling came after prosecutors argued Shkreli was a danger to the public, citing repeated online threats and harassing comments. On Tuesday, Shkreli apologized for the since-deleted Facebook posts in which he offered $5,000 for strands of Clinton's hair. While he claimed it was a joke, the Secret Service took it seriously and opened an inquiry into the matter. In August, Shkreli was convicted (http://www.marketwatch.com/story/biotech-investor-martin-shkreli-found-guilty-of-securities-fraud-ap-2017-08-04) of defrauding hedge-fund investors, and faces up to 20 years in prison. His sentencing is scheduled for January.
-Mike Murphy; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
September 13, 2017 18:38 ET (22:38 GMT)
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