Music

Judge Orders Martin Shkreli to Forfeit Stake in $2 Million Wu-Tang Album

One of the worst people of 2017 gets what he deserves.

Martin Shkreli
Image via Getty/Drew Angerer
Getty

Infamous Pharmabro Martin Shkreli was one of the worst people of 2017, but CNBC​ is reporting that he's finally getting what he deserves. Convicted of numerous counts of fraud last year, Shkreli first made headlines when he raised the price of a Daraprim, a drug used by HIV patients, from $13.50 a pill to $750. Then, things got a lot worse when it was reported that he was the one who had bought the ultra-rare one-of-a-kind Wu-Tang Clan album Once Upon a Time in Shaolin for $2 million.

Last year, Shrkeli put the album up for sale on eBay, selling it for just over $1 million, but now CNBC says he's being ordered to forfeit his stake in the album. In fact, judge Kiyo Matsumoto said that he has to forfeit a total of $7.76 million to the federal government as part of his criminal sentence. These assets include $5 million in cash in an E-Trade brokerage account that previously allowed Shkreli's release bond, his take in drug company Vyera Pharmaceuticals, Once Upon a Time in Shaolin​, a painting by Pablo Picasso, and even the Lil Wayne album he reportedly has, which is none other than The Carter V.

Things just keep on getting worse for the 34-year-old Shkreli, but we can't say we feel all that bad, really.

Related Stories

Martin Shkreli
life

Of Course Martin Shkreli's Lawyer Has Been Convicted of Fraud

Martin Shkreli really knows how to pick 'em.

juliarp3050 days ago
Worst People of 2017
life

The Worst People of 2017

2017 has truly been a trying, terrifying year. From the Donald Trump and the white supremacy protestors in Charlottseville to clueless celebrities like Miley Cyrus, Lena Dunham and XXXTencion, here's a look at the absolute worst people of 2017. Can we just be done with this year already?

Khal3050 days ago

Stay ahead on Exclusives

Download the Complex App