The Daily

Shkreli’s Quality Fraud (is not a one-off)

This legal concept is used by the Department of Justice to recover lost, wasted, or stolen money in the health care market. In 2016, I blogged about it in the context of prescription drug costs right here.

I was watching a Netflix show last night and Martin Shkreli (played by an actor) made an appearance partying and “disresepcting” the rap ensemble Wu-Tang Clan. This followed the news this week that he had been ordered to pay $64 million for his part in a Quality Fraud scheme discussed in my five-year-old post. The “Pharma Bro” has also been barred from the drug industry. You can bet that someone else has taken his place.

I be tossin, enforcin, my style is awesome
I’m causin more Family Feud’s than Richard Dawson

Wu-Tang Clan, going Tiger Style