'Pharma Bro' Martin Shkreli's Wu-Tang Clan album sold to confidential buyer

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The terms of the sale were confidential, as was the identity of the buyer, but the proceeds will be applied to the balance of the nearly $7.4 million Shkreli owes in forfeiture.

“Through the diligent and persistent efforts of this office and its law enforcement partners, Shkreli has been held accountable and paid the price for lying and stealing from investors to enrich himself. With today’s sale of this one-of-a-kind album, his payment of the forfeiture is now complete,” said Jacquelyn Kasulis, acting U.S. Attorney for the Eastern District of New York.

Shkreli, best known for hiking the price of a life-saving drug when he was a pharmaceutical executive and for trolling critics on social media, was convicted of securities fraud in 2017 for orchestrating a series of schemes to cheat investors in two hedge funds he controlled as well as a biopharmaceutical company then known as Retrophin. He was

 

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