<img height="1" width="1" src="https://www.facebook.com/tr?id=769125799912420&amp;ev=PageView &amp;noscript=1">
About Our People Legal Stuff Careers

Martin Shkreli wants a sentence of just 12 to 18 months in prison on fraud charges



"Pharma Bro" Martin Shkreli has written a letter to a judge asking for leniency and admitting that he was wrong and a fool.

According to MSNBC, Shkreli's lawyers are asking a federal judge to give him a sentence of between 12 and 18 months in prison, followed by court-mandated therapy and 2,000 hours of community service for his crimes.

The brash former pharmaceuticals company CEO tells the judge that if she gives him a lenient sentence he will do his best to use his skills for the betterment of humanity.

The 34-year-old Shkreli was convicted in August of cheating investors in two failed hedge funds. He's to be sentenced March 9.

"Martin is comprised of more than his criminal conduct," his lawyers wrote in a court filing, in which they detailed what they said are various philanthropic and altruistic efforts by the perpetually controversial Shkreli.

"Specifically, he is a kind, caring and generous person who uses his time and effort to help those in need. If not warehoused in prison, Martin could literally save lives, " the filing continues.

He describes the trial and six months in prison as a "frightening wake-up call."

"Although Martin was convicted of fraud, he was not looking to hurt or damage his investors like many other investors," the lawyers wrote. "He sincerely believed he could make them money if he worked hard enough."

Shkreli was out on bail during his trial but was jailed when a judge decided he'd made veiled online threats against Democrat Hillary Clinton.

Shkreli is perhaps best known for boosting the price of a life-saving drug.

Read more about Martin Shkreli on CIRCA:

‘Pharma Bro’ Martin Shkreli convicted at securities fraud trial

'Pharma bro' Martin Shkreli issued an apology for an alleged threat against Hillary Clinton

Bids for Martin Shkreli's Wu-Tang Clan CD have topped $1 million

Read Comments
Facebook Twitter Instagram Pinterest Linked In List Menu Enlarge Gallery Info Menu Close Angle Down Angle Up Angle Left Angle Right Grid Grid Play Align Left Search Youtube Mail Mail Angle Down Bookmark