Martin Shkreli, the CEO of Turing Pharmaceuticals, a controversial company that gouged the price of an AIDS drug earlier in the year has been arrested on unrelated fraud charges according to multiple media reports.
From The New York Times:
“He was arrested in his Midtown Manhattan apartment, according to a law enforcement source, who declined to be identified because the indictment had not been unsealed. Federal prosecutors in Brooklyn were expected to hold a news conference on the charges later Thursday.”
The arrest is related to Shkreli’s time running Retrophin, another pharmaceutical company.
According to Bloomberg, who first reported on the arrest, Shkreli has been charged with illegally taking stock from the company and selling it for his own personal gain in order to pay off debts. He was previously forced out of the company by its board.
“Shkreli was the paradigm faithless servant,” a civil complaint filed by Retrophin and obtained by the New York Times said. “Starting sometime in early 2012, and continuing until he left the company, Shkreli used his control over Retrophin to enrich himself and to pay off claims of MSMB investors (who he had defrauded).”
More to come. Stay with Rise News.
Cover Photo Credit: Martin Shkreli/ Facebook
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There Are Now Robot Floor Cleaners At Miami International Airport
What’s News In This Story?
–Miami International Airport (MIA) is now home to two autonomous cleaning vehicles that help polish the floors of busy Concourse D.
–According to a press release announcing the program, the robots are programmable, self-driving machines that are capable of running for more than four hours at a time.
-The robots can polish up to 80,000 square-feet of terminal floor space in four hours, which is roughly equivalent to two football fields.
–C&W Services runs facilities maintenance at MIA and they claim the robots will free up time for their 672 on-site cleaning professionals to focus on other projects.
–“We’re excited to launch these customer-oriented cleaning initiatives at MIA, which is one of C&W Services’ most prominent U.S. partners,” said Milagros Diaz, Operations Director for C&W Services at MIA said in a statement.
–MIA sees over 44 million visitors each year and over 125,000 per day. It is one of the busiest airports in the United States.
——Here’s Something Completely Different: ——
The TV Weatherman Who Is Trying To Save Miami From Drowning
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Beginning Of The End? Venezuela Opposition Party Claims Victory In Blow To Chavistas
CARACAS, Venezuela — Leaders of Venezuela’s opposition claimed victory ahead of official results in Sunday’s crucial legislative elections that could alter the country’s balance of power after 17 years of socialist rule. Hours after polls closed, several opposition leaders took to the Internet to announce that they had won a majority of seats in the National… Read More
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This New Edible Water Bottle Might Be The Answer To Plastic Pollution
Design student Rodrigo García González is working on a concept of an edible water bottle, reports aol.com and the Smithsonianmag.com.
Americans use roughly 50 billion plastic bottles yearly, but the edible seaweed extract casing around the Ohoo could solve that. The casing itself is similar to that of tapioca pearls for bubble tea. However, despite the approachable idea, there are still some kinks to work out of the plan. González said that not all of testers have warmed up to the idea yet, comparing the texture to jellyfish or breast implants.
Another issue is the fragility of the casing. “This is a problem we’re trying to address with a double container,” González said to Smithsonian. “The idea is that we can pack several individual edible Oohos into a bigger Ooho container [to make] a thicker and more resistant membrane.” However, despite the problems, González said that a few beverage and food companies have approached him on marketing.
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