Here is the money quote, from the ever capable Ms. Tirrell:
“…On the other hand, if the judge accepts prosecutors’ claims, then the guidelines could recommend a prison term of up to 300 months or more for Shkreli…..”
That’s… 25 years. I suspect he will be sentenced to a little less than that; and he’ll actually be incarcerated for… around a decade.
In addition, Bloomberg is reporting that his mother was in the courtroom for the first time since his arrest in December of 2015.
More as I learn it — but I do feel for his mom. No mom (or dad) ever wants to see their adult issue… in the dock.
UPDATED @ 4 PM EST — The New York Law Journal has it that the able Judge Matsumoto was inclined (preliminarily) to exclude the acquitted conduct wire frauds (which pushed the total losses well over $20 million), thus:
“…Matsumoto said during the hearing that she was “leaning against” the government tossing in the additional $10 million for the acquitted wire fraud conspiracy charge, but pushed back against arguments by Shkreli’s defense team that there was no actual loss to the investors, saying it runs counter to precedent set by the U.S. Court of Appeals for the Second Circuit.
“I think that your definition of loss runs contrary to what the circuit defines as actual loss,” the judge said to Brafman during oral arguments….”
Now you know — and should the able judge so rule, that would put us in the “one decade range” of actual incarceration, I have long been predicting.
TRIVIAL UPDATE on Sunday morning (02.25.2018):
Deadspin has deep-faked Marty (and done so, quite poorly — and hilariously so), but truly, it did make me laugh, given that Meg Tirrell — and now the New York Post had remarked on the record — to the effect that he looked to have “filled out” a bit (by lifting his mattress, rolled up — about 700 to 1,000 reps a day?), during his five months, in the Brooklyn MDC (for obvious reasons, inmates aren’t allowed actual dumbbells):
That’s a grin, right? Namaste…