Judge Orders Martin Shkreli To Forfeit “Once Upon A Time In Shaolin” Wu-Tang Clan Album

NEW YORK, NY - AUGUST 1: Ex-pharmaceutical executive Martin Shkreli departs the U.S. District Court for the Eastern District of New York, August 1, 2017 in the Brooklyn borough of New York City. Jurors continued deliberations on Tuesday and did not come to a verdict. Shkreli faces eight counts of securities fraud and conspiracy to commit securities and wire fraud. (Photo by Drew Angerer/Getty Images)

INFORMATION VIA HIPHOPDX.COM

” Martin Shkreli must give up the lone copy of Wu-Tang Clan’s Once Upon A Time In Shaolin album. U.S. District Judge Kiyo Matsumoto ordered the infamous “Pharma Bro” to forfeit $7.36 million — including the LP — to the federal government as a result of his fraud conviction, according to CNBC.

The Wu-Tang Clan album is part of a set of “substitute assets” that Shkreli will forfeit to satisfy the amount owed. His copy of Lil Wayne’s unreleased Tha Carter V is also among these assets, which include a Pablo Picasso painting and $5 million from an E-Trade account used to secure his bail.”

Click here to read the rest of the article via hiphopdx.com

Information/Image via hiphopdx.com

0

Your Cart