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Spokane, Washington  Est. May 19, 1883

Shkreli jury begins deliberations in federal fraud trial

Former biotech CEO Martin Shkreli, center, leaves federal court with his attorney Benjamin Brafman, left, Thursday, July 27, 2017, in New York. (Julie Jacobson / Associated Press)
Associated Press

NEW YORK – Jurors are deliberating in the federal securities fraud trial of former pharmaceutical CEO Martin Shkreli.

They got the case Monday in New York.

On Friday, they heard closing arguments by prosecutors accusing Shkreli of looting his own drug company to pay back disgruntled investors in two failed hedge funds he ran.

The defense insisted there were no victims because everyone got their original investments back and even made hefty profits.

The 34-year-old Shkreli is best known for jacking up the price of a life-saving drug by 5,000 percent and for trolling his critics online.