Law & Crime reports:
The Federal Trade Commission accused disgraced pharmaceutical executive Martin Shkreli on Tuesday of having destroyed evidence relevant to a lawsuit that could lead to his lifetime ban from the industry.
Regulators claim that the convicted fraudster invoked his Fifth Amendment right against self-incrimination when asked about a phone he used to conduct business from prison.
“It is now clear that Shkreli destroyed messages on at least two phones that were relevant to his ongoing control of Vyera and to the anti-competitive conduct at issue in this case,” the commission’s assistant director Markus Meier wrote in a three-page letter on Tuesday.
Read the full article. Insurers filed a class action suit against Shkreli in March. He’s serving a 7-year sentence and has an active Twitter account, although he’s not posted to it since last year.
Federal Regulators Claim That Martin Shkreli Destroyed Evidence and Ask a Judge to Sanction Him https://t.co/2qHMhp3EN1 via @lawcrimenews
— Adam Klasfeld (@KlasfeldReports) May 18, 2021