Martin Shkreli’s E-Trade Account Contains $45 Million
- 8 years ago
A recent legal filing reveals that ex-Turing Pharmaceuticals CEO, Martin Shkreli, has $45 million in an E-Trade account.
Martin Shkreli may have legal problems, but it appears he has the ample funds to help him fight them.
According to the New York Times, a court filing reveals that the controversial ex-Turing Pharmaceuticals CEO has an E-Trade brokerage account with assets totaling $45 million.
This sum explains how he was able to post the $5 million bond to remain free after being arrested on charges of securities fraud.
Now people also know how he was able to afford the $2 million he reportedly paid for the only copy of the Wu-Tang Clan’s new album.
However, it is unlikely he will make any more large purchases soon, as a judge recently granted a lien on the account, prohibiting any funds transfers out.
Martin Shkreli may have legal problems, but it appears he has the ample funds to help him fight them.
According to the New York Times, a court filing reveals that the controversial ex-Turing Pharmaceuticals CEO has an E-Trade brokerage account with assets totaling $45 million.
This sum explains how he was able to post the $5 million bond to remain free after being arrested on charges of securities fraud.
Now people also know how he was able to afford the $2 million he reportedly paid for the only copy of the Wu-Tang Clan’s new album.
However, it is unlikely he will make any more large purchases soon, as a judge recently granted a lien on the account, prohibiting any funds transfers out.