Internet Has Schadenfreude-gasm Over Martin Shkreli Arrest
You remember “Pharma Bro” aka Martin Shkreli, right – the white dude with the super-punchable face who raised the price of Daraprim, a drug that treats a condition related to AIDS, from $13.50 to $750.00 and then was all “haters gonna hate, bitches!” when everyone yelled at him? And then later he purchased a rare Wu-Tang Clan album for $2 million and said that entitled him to become a rap mogul or something? (There’s a quote from him about Taylor Swift in that Wu-Tang article that made me yell “oh my GOD” in the middle of the office, by the way.)
Well, he was arrested for fraud this morning, and the internet can’t get enough of it. I mean, the pun potential in “Pharma” and “Karma” alone is enough to keep us going for days.
Shkreli is facing charges of securities fraud related to his time as a hedge fund manager and running the biopharmaceutical company Retrophin. Federal officials said his business dealings were “a securities fraud trifecta of lies, deceit and greed” and he basically treated the company like a giant Ponzi scheme.
And then there’s the joke that is being made far and wide on social media, summed up by this comedy piece by Andy Borowitz of the New Yorker:
Minutes after Shkreli’s arrest on charges of securities fraud, the attorney, Harland Dorrinson, announced that he was hiking his fees from twelve hundred dollars an hour to sixty thousand dollars.
Shkreli, who reportedly received the news about the price hike while he was being fingerprinted, cried foul and accused his attorney of “outrageous and inhumane price gouging.”
“This is the behavior of a sociopath,” Shkreli was heard screaming.
Before Wu Tang Clan fans get their hopes up about Shkreli losing the $2 million album, though…