Martin Shkreli being escorted by law enforcement agents in New York
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US prosecutor explains why Martin Shkreli was arrested

Pharmaceutical boss Martin Shkreli has been arrested on fraud charges by the FBI.

The accusations are in relation to a drug company he previously headed, Retrophin, and a hedge fund, MSNB Capital Management, where he was a fund manager.

Mr Shkreli previously sparked outrage after sharply raising the price of an established medicine.

US federal prosecutor Robert Capers explained why the charges had been brought.

  • 17 Dec 2015