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Monday, December 21, 2015

The $2 Million Wu-Tang Album Might Be Up For Grabs Again…

Posted by Unknown on 11:00 AM

ifwt_martin-shkreli-wu-tang-album-

It’s been quite the month for disgraced pharmaceutical exec Martin Shkreli. After his original “claim to fame” was jacking the price of an AIDS/cancer pill from $13.50 to $750 each, he then became known as the guy who purchased the one-of-one, $2 million Wu-Tang album, Once Upon A Time In Shaolin. Reveling in his newfound internet infamy, Shkreli then announced plans to bail out Bobby Shmurda. Things went left shortly afterward, however.

Marisa Mendez: Twitter || Instagram

As we reported, Shkreli was indicted by the FBI for $65 million worth of securities fraud. If prosecutors determine any of the $65 mil was used to purchase the album, they could immediately file a forfeiture action to seize it. And according to reports, it’s actually likely that the album will be a target, as it’s considered “an expensive asset that could easily be auctioned off to pay the restitution judgment.”

I’m interested to see where this goes!

Source: TMZ

The post The $2 Million Wu-Tang Album Might Be Up For Grabs Again… appeared first on In Flex We Trust.



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