Martin Shkreli’s former lawyer convicted of securities and wire fraud charges
The infamous “Pharma Bro” Martin Shkreli will have company in Club Fed as his former attorney Evan Greebel was convicted on Wednesday by a jury in Brooklyn’s federal court on two counts of securities fraud and conspiracy to commit wire fraud following an 11-week trial.
A jury deliberated since Christmas before reaching a decision to convict following the trial in front of U.S. District Court Judge Kiyo A. Matsumoto. Greebel was a former partner at the New York office of Katten Muchin Rosenman LLP, who served as outside counsel to Retrophin Inc, Shkreli’s former biopharmaceutical company.
“By helping Retrophin CEO Martin Shkreli steal millions of dollars and cover up Shkreli’s fraud, the defendant Evan Greebel betrayed the trust placed in him by Retrophin’s board of directors to represent the company’s best interests,” said acting U.S. Attorney for the Eastern District of New York Bridget M. Rohde.
“Today’s verdict sends a powerful message that this office, together with our law enforcement partners, will hold lawyers accountable when they use their legal expertise to facilitate the commission of crimes,” Rohde continued.