Notorious e-sports team boss Martin Shkreli arrested for securities fraud

    
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Martin Shkreli, chairman of League of Legends e-sports team Imagine and CEO of real-life company Turing Pharmaceuticals, was arrested in New York today. He stands accused of “engaging in a complicated shell game after a hedge fund he started lost millions” and making “secret payoffs and set[ting] up sham consulting arrangements,” among other charges, says Bloomberg.

Shkreli made headlines earlier this year when his company bought up the rights to a malaria and toxoplasmosis drug and then jacked up the price. That prompted angry gamers to ask Riot Games to step in and enforce its “Moral Turpitude” e-sports rule, which states that “a Team Member may not engage in any activity which is deemed by the LCS to be immoral, disgraceful, or contrary to conventional standards of proper ethical behavior.”

Well, if he hadn’t done that before, he may have now. Commence schadenfreude.

Source: Bloomberg via Polygon
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FyreyEnigma
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FyreyEnigma

schlag sweetleaf …I dun geddit.

StClair
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StClair

Superbrak Soul?
Pretty sure he sold that a while back, if he ever had one.

fakepants
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fakepants

Lights_andMusic Just found out the caper story was based on a joke.

McSleaz
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McSleaz

Isn’t this the same loser that bought the rights to a life saving drug, than jacked up the price 5000%?

looktheworldtalksback
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looktheworldtalksback

Get rekt Shkreli asshole! What goes around comes around dipshit!

alexjwillis
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alexjwillis
Armsbend
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Armsbend

ZenDadaist you at first I thought he was born rich and was using capital to buy out these drug companies, etc.  The contrary, he came from two immigrant janitors and is completely self made.  Possibly because of his misdeeds maybe not.  It is like reading the original Wall Street script.

ZenDadaist
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ZenDadaist

My heart bleeds for this arsehat. Lemme just get my tiny violin.

What a waste of someine that might’ve actually had some talent, had he chosen not to try and become the biggest douchebro in the world.

MostlysaneUK
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MostlysaneUK

Valcan321 $3.50 to $750.  But it’s the same difference.  Sometimes I really love karma.

MikedotFoster
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MikedotFoster