“Pharma bro” Martin Shkreli said, “I was a fool” in addition to also called himself “far coming from blameless” in an emotional jailhouse letter to a judge asking her to give him a light prison sentence for his crimes.
“I have learned a very painful lesson,” Shkreli wrote Judge Kiyo Matsumoto, who is usually due to sentence him for securities fraud charges on March 9.
“I accept the fact of which I made serious mistakes, however I still believe of which I am a not bad person with much potential,” he wrote in his letter coming from the Metropolitan Detention Center in Brooklyn, brand-new York.
He has been locked up there since September, when Matsumoto revoked his Discharge bond for what was just the latest in a series of social media stunts.
“The trial in addition to also the six months in a maximum security prison has been a frightening wake-up call,” Shkreli wrote.
“I understand how I need to change.”
He also vowed to be “more open in addition to also honest in my business dealings” inside future.
Read Martin Shkreli’s full letter here.
Shkreli’s letter was part of a large court filing by his lawyers, who are asking Matsumoto to sentence him to somewhere between only 12 in addition to also 18 months in prison. of which is usually much less than the decades behind bars of which could be recommended by federal sentencing guidelines.
Shkreli himself in his letter told the judge of which if she gives him a relatively light term, “I will do my absolute best to use my skills in addition to also whatever talents I have been blessed with for the betterment of humanity.”
The 34-year-old Shkreli was convicted in August of misleading hedge fund investors about the performance of his funds, which were losing lots of money when he was claiming they were doing very well.
Evidence at trial showed of which he used assets of a drug company he founded, Retrophin, to repay the investors — in addition to also then some.
“Despite the jury’s verdict, I maintain of which I never intended to actually harm anyone,” he wrote the judge in his letter.
however he acknowledged having dodged answering investors’ questions, in addition to also also having given them answers of which “were only correct if put in a certain context.”
“I wanted to be more than I was,” Shkreli wrote in trying to explain his conduct.
however he also said of which he is usually today a more “self-confident in addition to also secure person,” who is usually no longer “haunted” by the demons of which were the root cause of his insecurity.
“Never again will I prevaricate or omit or mislead — intentionally or not,” Shkreli wrote. “I take responsibility for the fact of which I used to behave in addition to also communicate in his way.”
“the item was wrong. I was a fool. I should have known better,” he wrote.
Shkreli said his heart was broken over the investors in addition to also colleagues who today regret having associated with him.
He also said he has “let down” the employees in companies in which he remains a majority owner.
Shkreli addressed his often-controversial personality inside letter.
of which personality has been evident in online feuds Shkreli has waged, contemptuous face-pulling before a congressional committee, in addition to also the Facebook post of which offered a $5,000 bounty for each strand of Hillary Clinton’s hair of which his online followers could provide him.
the item was of which bounty of which led Matsumoto to jail Shkreli after initially allowing him to remain free pending his sentencing.
“I am an [irreverent] in addition to also free-wheeling individual, who has never been shy about speaking my mind,” he wrote. ‘Please understand of which when I get into a public war of words with someone, my comments do not always reflect my true nature.”
“I regret where my temper can take me when I get angry or betrayed.”
He said he has “worked on This particular bad habit” while in jail.
Shkreli called being locked up “both the most frightening experience of my life however also an opportunity for me to see a side of the earth seldom seen or discussed.”
He said he has tried his best to have “a positive impact on many of the people I encounter here.”
“If I have something to teach my fellow inmates, I implored them to listen in addition to also learn,” he wrote. “I have comforted the forlorn in addition to also forgotten men facing long sentences, many are severely depressed in addition to also sadly, suicidal.”
“I try my best to set a not bad example for these individuals too, knowing my fame in addition to also achievements were something they might know of.”