Martin Shkreli Convicted Of Three Counts Of Securities Fraud

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Martin Shkreli is headed to jail on Wednesday after a federal judge declared him a “danger to society” and revoked his bail for posting online that he would pay $5,000 for a strand of Hillary Clinton's hair, according to multiple reports.

“Pharma bro” apologized for the “prank” in a letter to Judge Kiyo Matsumoto, writing that his “awkward attempt at humor or satire” was “never intended to cause alarm or promote any act of violence,” as reported by IJR.

However, the judge ultimately declared Shkreli a “danger to society,” and ordered the disgraced former CEO to jail.

Shkreli has been free on a $5 million bond after being convicted last month on two counts of securities fraud and one count of conspiracy to commit securities fraud.

Prosecutors demanded his bail be revoked after he posted on Facebook in early September: “On HRC’s book tour, try and grab a hair from her ... I must confirm the sequences I have. Will pay $5,000 per hair obtained from Hillary Clinton.”

Shkreli could face up to 20 years in jail when sentenced.

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