Exec who jacked up price of a lifesaving drug is arrested

By Associated Press TOM HAYS ,

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Officials stand next to a poster board detailing Martin Shkreli's scheme during a news conference in New York, Thursday, Dec. 17, 2015. Shkreli, the former hedge fund manager vilified in nearly every corner of America for buying a pharmaceutical company a

Officials stand next to a poster board detailing Martin Shkreli's scheme during a news conference in New York, Thursday, Dec. 17, 2015. Shkreli, the former hedge fund manager vilified in nearly every corner of America for buying a pharmaceutical company a (Photo: Seth Wenig)

NEW YORK (AP) — Martin Shkreli, the former hedge fund manager and pharmaceutical-company CEO vilified for jacking up the price of a lifesaving drug more than fiftyfold, was arrested Thursday on securities fraud charges unrelated to the furor.

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