'Pharma Bro' Martin Shkreli jailed after offering money for Hillary Clinton's hair

Martin Shkreli.
(Image credit: Getty Images)

Martin Shkreli, the so-called "Pharma Bro" famous for jacking up the price of an AIDS drug by 5,000 percent but convicted of defrauding investors during his time as a hedge fund manager, was jailed Wednesday after a federal judge revoked his $5 million bail.

Prosecutors argued that Shkreli, who is set to be sentenced later this fall, has been spending his time harassing women online, notably when he announced on social media he would give $5,000 to anyone who got a strand of Hillary Clinton's hair. Shkreli apologized, and said he wasn't being serious. "He does not need to apologize to me," U.S. District Judge Kiyo Matsumoto said. "He should have apologized to the government, the Secret Service, and Hillary Clinton. This is a solicitation of assault. That is not protected by the First Amendment."

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us
Catherine Garcia, The Week US

Catherine Garcia is night editor for TheWeek.com. Her writing and reporting has appeared in Entertainment Weekly and EW.com, The New York Times, The Book of Jezebel, and other publications. A Southern California native, Catherine is a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.