Good riddance —

DOJ: We want Martin Shkreli’s Enigma machine, Wu-Tang album, and $7.3 million

Following the Pharma Bro's conviction, prosecutors now want to seize his assets.

Martin Shkreli outside federal court in Brooklyn, New York, on Thursday, June 29, 2017.
Enlarge / Martin Shkreli outside federal court in Brooklyn, New York, on Thursday, June 29, 2017.

Late Thursday, federal prosecutors submitted a formal notice that they plan to seek civil forfeiture of many of Martin Shkreli’s assets, including the rare Wu-Tang Clan album Once Upon a Time in Shaolin, only one of which was ever produced.

In a 10-page court filing, prosecutors told the judge in the case that they will also try to seize $5 million of his money, his share of Turing Pharmaceuticals, a Lil Wayne album, a Picasso painting, and an Enigma machine.

In September 2017, Shkreli, who relishes the nickname "Pharma Bro," was ordered to jail after a federal judge in Brooklyn agreed with prosecutors’ assessments that his online antics justified his incarceration. He previously had been out on bail, awaiting sentencing following his August 2017 conviction on securities fraud charges.

Shkreli, most infamous for dramatically raising the price of an anti-parasitic drug by more than 5,000 percent, was arrested for security fraud and charged in December of 2015.

As Ars reported in September, Shkreli has a history of harassing women online. Prosecutors were particularly critical of a September 4 Facebook post in which he offered his followers a $5,000 reward for plucking a strand of Hillary Clinton’s hair during her current book tour. He reportedly made a reference to using the strands for genetic testing in the post, which has since been deleted.

He is scheduled to be sentenced on January 16, 2018.

Channel Ars Technica