“Pharma Bro” Martin Skhreli was convicted of securities fraud, sentenced to seven years in jail, and ordered to forfeit $7,360,450.00, including his one-of-a-kind Wu-Tang Clan album “Once Upon a Time in Shaolin”.
Let’s review the Judge’s Order and Skhreli’s sentence.
Our hopes for a court’s intervention in the #adpocaylpse were dashed when the Judge in the ZombieGoBoom case dismissed the entire matter after considering both parties’ positions.
The Judge said that the YouTube Terms of Service are clear and unambiguous. Ambiguity or worse would be required to find that the Terms are either unconscionable or in breach of the implied covenant of good faith.
A lawsuit has been filed against Wells Fargo for yet another kind of fraud. This time, the bank is accused of closing customer accounts without investigating reported fraudulent activity and refusing the pay back the money. Worse, they allegedly mistreated and then fired the whistleblower who had the courage to internally report the problem.