Pharma Bro Martin Shkreli May Be Slapped with More Fraud Charges

Shkreli appeared in U.S. District Court in Brooklyn on Tuesday on existing fraud charges where it was revealed that he'll face an additional indictment. He's been accused of illegally siphoning money from one of his companies to another to pay off bad market bets made by one of his companies.

The nature of the new charges was not released, but a new court hearing has been scheduled for June 6.

"I think today was a good day for Martin Shkreli," his attorney, Ben Brafman, said after the hearing on Tuesday
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