A federal judge ordered Martin Shkreli, who was convicted of fraud last year, to forfeit $7.4 million. This forfeiture includes a Picasso painting, his $5 million bail posting, and the one-of-a-kind Wu Tang Clan album, "Once Upon a Time in Shaolin." Don't worry, though -- after he pays the fine he'll still have $27.1 million.
From Click on Detroit:
Shkreli was convicted of fraud for deceiving investors and misusing their money while he was a portfolio manager at a hedge fund. He faces sentencing at Brooklyn Federal Court on Friday, and could potentially get up to 20 years in prison.
Former Los Angeles County Sheriff Lee Baca, the corrupt law enforcement chief who was fond of giving himself awards, campaigning against marijuana legalization, encouraging prison rape, wrongfully imprisoning people, locking up nonviolent people who possessed drugs, and horribly mistreating inmates, lost his court appeal for obstructing justice and lying to federal authorities. He could spend […]
Two gentlemen sneaked into the backroom of the Monarch bar in San Francisco, CA and helped themselves to a bartender’s wallet containing $500 and a bottle of liquor. A security camera captured the action. This occurred Sunday night April 4th at WERD/Sunset After-Party. Somehow these guys gained entry into our employee area. You can watch […]
Sergei “Fly” Vovnenko, a Russo-Ukrainian cybercrook who stalked and harassed security journalist Brian Krebs — at one point conspiring to get him arrested by sending him heroin via the Silk Road — has been arrested. According to Krebs, Vovnenko was a prolific credit-card crook, specializing in dumps of stolen Italian credit-card numbers, and faces charges […]
Things break, and even in this disposable world, there’s a need to fix them. Up until recently, that’s been the crusty bottle of glue in your junk drawer, which is just as liable to coat your fingers as the thing you actually want to repair. Looks like there’s finally a Star Trek-level solution on the […]
Paying for things is all too easy online these days, and that’s why managing your money has gotten so hard. We’ve all done it: You sign up for a streaming subscription or gym membership, blow past the free trial date, and it becomes a part of your monthly expenses. Some of us juggle so many […]
We all know those gifts we get “for the kids,” the ones that parents are secretly more excited to open. Drones are a perfect example, but there’s a model out there that really doubles down on that appeal. Introducing the Space Fighter Building Block Drones, a series of space fighter drones that are a blast […]