Martin Shkreli Faces Fraud And Conspiracy Charges

Turing Pharmaceutical CEO and former hedge fund manager Martin Shkreli has been indicted by federal officers in a multimillion dollar scheme related to his former company, Retrophin.

Dec 18, 2015

Turing Pharmaceutical CEO and former hedge fund manager Martin Shkreli has been indicted by federal officers in a multimillion dollar scheme related to his former company, Retrophin.

Latest in Operations
Today in Manufacturing Podcast
Sponsored
Today in Manufacturing Podcast
November 11, 2024
The Arleigh Class destroyer USS Nitze, DDG 94, sailing down the York River near Yorktown, Virginia.
Dwarfed by China in Shipbuilding, U.S. Looks to Build its Defense Base to Fend Off War
December 6, 2024
'Welcome to Nippon Steel' sign in front of Blast Furnace No. 1 at Nippon Steel's Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024.
Japan's Nippon Steel Sets Sights on Growing Overseas Market in Bid to Acquire U.S. Steel
December 6, 2024
I Stock 1733214249
Solving Thermal Management Through Material Selection
December 5, 2024
Related Stories
This photo released by the official website of the Iranian Defense Ministry on Friday, Dec. 6, 2024, shows the launching of Simorgh, or 'Phoenix,' rocket at Iran's Imam Khomeini Spaceport in rural Semnan province, Iran.
Operations
Iran Poised to 'Quite Dramatically' Increase Stockpile of Near Weapons-Grade Uranium
Biometric wearables pair with short-range wireless NFC technology in mobile workstations like ARISTA’s to expedite identification, authorized access and communication.
Operations
Biometric ID Drives Pharma Manufacturing Security and Efficiency
FlexBatch Phases are easier to design, create and maintain compared to state-based programming.
Operations
Breweries Providing Flexibility in Batch Control
How to Track Actual Costs and Ensure Profitability?
Sponsor Content
How to Track Actual Costs and Ensure Profitability?
More in Operations
Today in Manufacturing Podcast
Sponsored
Today in Manufacturing Podcast
Today in Manufacturing has a new podcast brought to you by the editors of Industrial Media. In each episode, we discuss the five biggest stories in manufacturing, and the implications they have on the industry moving forward.
November 11, 2024
The Arleigh Class destroyer USS Nitze, DDG 94, sailing down the York River near Yorktown, Virginia.
Operations
Dwarfed by China in Shipbuilding, U.S. Looks to Build its Defense Base to Fend Off War
The U.S. lacks the capacity to “deter and win a fight.”
December 6, 2024
'Welcome to Nippon Steel' sign in front of Blast Furnace No. 1 at Nippon Steel's Kashima Plant in Kashima, Japan on Friday, Dec. 6, 2024.
Operations
Japan's Nippon Steel Sets Sights on Growing Overseas Market in Bid to Acquire U.S. Steel
Nippon Steel Corp. has its eyes on India, Southeast Asia and the U.S.
December 6, 2024
I Stock 1733214249
Operations
Solving Thermal Management Through Material Selection
Successful thermal management is more critical than ever.
December 5, 2024
Biometric wearables pair with short-range wireless NFC technology in mobile workstations like ARISTA’s to expedite identification, authorized access and communication.
Operations
Biometric ID Drives Pharma Manufacturing Security and Efficiency
Pharmaceutical manufacturers are increasingly turning to wearable biometric ID products.
December 5, 2024
A worker packages popsicles at an artisanal factory in Salcedo, Ecuador, Nov. 28, 2024.
Operations
Power Shortages Melt Away Ecuadorian Town's Ice Cream Industry
Outages have halted production and storage, causing much of the product to melt.
December 4, 2024
I Stock 606006378
Operations
ABB Completes Acquisition of Aurora Motors
Aurora is a $4 million provider of vertical pump motors.
December 3, 2024
Even though the high impact nature of forging will eventually take its toll, the equipment can be kept productive for many decades with a regular Preventative Maintenance program from an OEM like Ajax-CECO-Erie Press.
Operations
Forging Greater Productivity With Next-Gen Preventative Maintenance
Proper maintenance of forging equipment is crucial to prevent costly downtime and repairs.
December 3, 2024
Siemens
Operations
Siemens Closes Acquisition of Danfoss Fire Safety
The move enhances Siemens’ fire suppression portfolio with high-pressure water mist.
December 3, 2024
Wildeck New Hq
Operations
Wildeck Completes Move to New Headquarters
The new campus is triple the size of the previous site.
December 3, 2024
The USS Zumwalt is seen at the Huntington Ingalls shipyard in Pascagoula, Miss., Thursday, Nov. 21, 2024.
Operations
Stealth Destroyer to Be Home for 1st Hypersonic Weapon on a U.S. Warship
Naval testing of the weapon system will begin as early as 2027.
December 2, 2024
Intel CEO Pat Gelsinger speaks while holding a new chip, called Gaudi 3, during an event called AI Everywhere in New York, on Dec. 14, 2023.
Operations
Intel CEO Gelsinger Retires
The company is facing a reduction in its in federal funding for computer chip plants.
December 2, 2024
L3Harris Technologies Facility in Burlington, Ontario, Canada.
Operations
U.S. Navy Awards L3Harris Nearly $1 Billion Communication Technology Contract
The company will manufacture critical radios used in a variety of air, ground and maritime platforms.
November 26, 2024
Image002
Operations
CK Supply Breaks Ground on $10M Missouri Expansion
The company said that the new facility would become a hub for the Kansas City region.
November 26, 2024
Tgiving
Operations
Creating the Perfect Thanksgiving Meal
Lessons in production planning, scheduling and the connected worker.
November 22, 2024