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'Pharma Bro' Shkreli set to be sentenced for defrauding investors

Reuters  |  NEW YORK 

By Brendan PiersonNEW YORK (Reuters) - The sentencing hearing for Martin Shkreli, the former drug company executive who made headlines by jacking up the price of a lifesaving drug before he was found guilty of defrauding investors, began on Friday with a plea for leniency from his lawyer.A contrite Shkreli, 34, appeared before U.S. District Judge Kiyo Matsumoto in federal court in Brooklyn, New York. His lawyers had asked the judge to impose a sentence of 12 to 18 months, while prosecutors have sought at least 15 years."I've got my begging voice on," Shkreli's lawyer Benjamin Brafman told the ...

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First Published: Fri, March 09 2018. 23:25 IST