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Fri Dec 1, 2017, 03:35 PM

Martin Shkreli may have to forfeit assets, including $2M Wu-Tang Clan album

Dec. 1 (UPI) -- Prosecutors asked a federal judge in New York on Friday to force former pharmaceutical executive and hedge fund manager Martin Shkreli to forfeit $7.4 million in assets.

That could include $5 million in bail money, and a one-of-a-kind rap album by hip-hop group Wu-Tang Clan -- titled Once Upon a Time in Shaolin -- which Shkreli bought for $2 million last year.

Prosecutors said they were also interested in Shkreli's holdings in Turing Pharmaceuticals, a Lil Wayne album The Carter V, a Picasso painting and an Enigma machine from World War II.

"We will vigorously oppose the government motion," Shkreli's lawyer Ben Brafman told CNN.

Read more: https://www.upi.com/Top_News/US/2017/12/01/Martin-Shkreli-may-have-to-forfeit-assets-including-2M-Wu-Tang-Clan-album/3281512146489/

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Reply Martin Shkreli may have to forfeit assets, including $2M Wu-Tang Clan album (Original post)
TexasTowelie Dec 2017 OP
Initech Dec 2017 #1
Leghorn21 Dec 2017 #2
TexasTowelie Dec 2017 #5
irisblue Dec 2017 #3
Me. Dec 2017 #4
shenmue Dec 2017 #6
Bradshaw3 Dec 2017 #7
Solly Mack Dec 2017 #8

Response to TexasTowelie (Original post)

Fri Dec 1, 2017, 03:38 PM

1. Damn... I was really hoping they would have stolen it back by now.

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Response to TexasTowelie (Original post)

Fri Dec 1, 2017, 03:38 PM

2. Towelie please stop, I cannot deal with any more FANTASTIC NEWS today!!

Nah, on second thought, I CAN DEAL!

Thank you!!

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Response to Leghorn21 (Reply #2)

Fri Dec 1, 2017, 03:47 PM

5. This is turning into a blessed Friday.

It's a terrible time to be a Republican or an asshole (not that they are mutually exclusive).

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Response to TexasTowelie (Original post)

Fri Dec 1, 2017, 03:39 PM

3. 😀😀😀😄😄😄😀😀😀👍

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Response to TexasTowelie (Original post)

Fri Dec 1, 2017, 03:46 PM

4. To The Greatest With You

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Response to TexasTowelie (Original post)

Fri Dec 1, 2017, 03:57 PM

6. Hope they put it on Spotify

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Response to TexasTowelie (Original post)

Fri Dec 1, 2017, 04:03 PM

7. Dems should make him a poster boy in 2018

Yes he's a clown and obviously out there as far as being a greedy asshole, but in the end is he really any different than the repubs or their donor class puppeteers who just aren't as obvious? I say put him in ad after ad across the country and say here is your repub party example in all their unadulterated glory.

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Response to TexasTowelie (Original post)

Fri Dec 1, 2017, 04:18 PM

8. Such a beautiful thing.

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