Martin Shkreli's ex-lawyer found guilty of financial fraud

December 27, 2017 - 6:21 pm

NEW YORK (AP) — A lawyer accused of helping pharmaceutical entrepreneur Martin Shkreli (SHKREL'-ee) cover up a financial fraud has been convicted in New York.

Evan Greebel was convicted of conspiracy charges Wednesday by a federal jury in Brooklyn.

Prosecutors say Greebel helped Shkreli steal millions of dollars during his time as chief executive of biopharmaceutical company Retrophin, where Greebel was outside counsel from 2011 to 2014. Prosecutors say Greebel conspired with Shkreli to misappropriate the company's assets to pay investors.

Greebel's lawyer says they're shocked by the verdict.

Shkreli was dubbed Pharma Bro and is perhaps best known for boosting the price of a life-saving drug and trolling his critics on social media. He was convicted in August of fraud related to his handling of hedge fund investments and Retrophin stock but brashly predicted he'd never go to prison.

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