Bloomberg Law
July 26, 2017, 4:34 PM UTC

Shkreli Prosecutors End Four Weeks of Evidence as Case Nears End

Bloomberg Media

By Chris Dolmetsch and Misyrlena Egkolfopoulou, Bloomberg News

Prosecutors wrapped up their fraud case against Martin Shkreli after weeks of testimony that depicted the Retrophin Inc. co-founder as a Ponzi schemer who stole money from his hedge-fund investors to launch his drug company.

Shkreli’s lawyers rested their case as well on Wednesday.

They didn’t offer any witnesses, relying instead on intense cross-examination during the government’s case. Shkreli didn’t testify. Jurors may begin deliberating by week’s end.

Over four weeks of trial, investors in Shkreli’s two hedge funds testified that they were unable to recover their money from him, sometimes for ...

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