Shkreli
made millions of dollars in a hedge fund by cheating his investors; took the
money, bought a drug company, and promptly raised the price of its life saving
product by a factor of 15. He did a
similar thing with two other drugs he obtained the rights to. He was convicted of securities fraud (ripping
off sick people is one thing, but stealing money from rich people is
serious).
He is
currently in prison. There is also a “Shkreli
award”. It is bestowed annually on the
worst, asshole, jerk rip-off artist that can be found.
The
Shkreli Awards, named for the infamous “pharma bro” Martin Shkreli, are awarded
by the Lown Institute each year to perpetrators of the ten most egregious
examples of profiteering and dysfunction in health care. “Winners” are judged
by a panel of clinicians, health policy experts, journalists, and patient
advocates. Jim Baker
(formerly of the religious scam: Praise the Lord) is a current “winner”.
Have you been "BAKERD lately?