guilty

Martin Shkreli sentenced to 7 years in prison

Martin Shkreli cried as he apologized to investors at his Friday sentencing, where his attorney said that he sometimes wants to hug Shkreli, and other times punch him in the face.

Fyre Festival organizer, who spent $150K on a yacht for Blink-182, pleads guilty to wire fraud

Billy McFarland, the organizer behind the disaster that was last year’s supposedly luxe, beachside Fyre Festival, has plead guilty to two counts of wire fraud charges in federal court in Manhattan on Tuesday (3/6). Maybe if he hadn’t spent $150K on a yacht for Blink-182 (and nearly $20K on towels) things might have gone differently.