Martin Shkreli has been sentenced to 7 years in prison

Martin Shkreli the 'Pharma Bro' jailed for seven years

It's 7 years in prison for Martin Shkreli, convicted of fraud

Cartoonishly evil pharma villain Martin Shkreli was sentenced today to seven years in prison for defrauding investors in two hedge funds.

Judge Kiyo Matsumoto sentenced Shkreli on the convictions in NY federal court Friday afternoon.

Federal prosecutors accused Shkreli of cheating investors out of more than $11m between 2009 and 2014 in the investment funds and paying them back - as well as financing his own life - with money from Retrophin, a pharmaceutical company he founded in 2011.

"I want the people who came here today to support me to understand one thing - the only person to blame for me being here today is me".

Kasulis said Brafman was trying to portray Shkreli as "a child". He's not a teenager who just needs some mentoring.

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"This is an interesting man with great potential", said Brafman, who told the judge he had his "begging voice" on. I took down Martin Shkreli ...

Judge Kiyo Matsumoto emphasised: "This case is not about pharmaceutical pricing or Mr Shkreli's controversial statements or actions, nor his scientific aptitude".

The asset forfeiture decision is only the latest bump in the road for Shkreli, who found himself with his bond revoked and in jail last September after a odd post on his Facebook account in which he placed an open bounty of $5,000 on a piece of Hillary Clinton's hair.

Shkreli received far less that the 20 years he faced under the sentencing guidelines.

"Whatever adverse media attention he has brought upon himself with his online presence is ... not before me", she said.

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In court a tearful Shkreli apologized: "I did not act appropriately".

Several days earlier, Matsumoto ordered Shkreli to surrender almost $7.4 million in assets, including the only copy of a one-of-a-kind album by the rap group Wu-Tang Clan valued at roughly $2 million.

Prosecutors had called for a sentence of at least 15 years, arguing that Shkreli had repeatedly lied and consistently chose to put profit and his public image before everything else. A House of Representatives oversight committee also subpoenaed Shkreli in 2016 as part of an investigation into accusations of profiteering.

Meanwhile, an account of his actions led even Shkreli's lawyer Benjamin Brafman to concede: "There are times when I want to punch him in the face". He walked away with 84 months and credit for time served which is significantly more than the 12 to 18 months Shkreli's defense team lobbied for an but less than half of what prosecutors were aiming for.

Some of his supporters sent letters asking Matsumoto not to lay down a harsh sentence. Fittingly, he will likely lose the album after being order to forfeit $7.36 million in assets.

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