Martin Shkreli, the former pharmaceutical executive who garnered national infamy for dramatically increasing the price of a life-saving HIV drug, was sentenced in a New York court Friday to seven years in prison for securities fraud. The sentence includes credit for time served, Stat News notes. Shkreli was convicted in August of securities fraud — a crime that could've resulted in a 20-year sentence — after he was found guilty of mismanaging millions in investor dollars at two funds.

Topics:  new york   stat news   august    the   shkreli   martin   pharma   sentenced   years   fraud   convicted   securities   friday   
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