Transcript for Martin Shkreli Live Streams After Bail Release
morning about the so-called most hated man in America. Martin Shkreli shot to fame or infamy after dramatically hiking the price of a life-saving drug then he got arrested then he got fired and overnight he hit the internet with a rather interesting live stream and ABC's Mara schiavocampo is on the story. Hey, Mara. Reporter: Hey, Dan, interesting indeed. He was speaking. He was playing a guitar, just hanging out overall for hours, Shkreli is an avid live streamer and on Friday he took to youtube to give his followers an update in an almost five-hour stream. One thing he did not discuss those serious allegations of fraud that have been brought against him. I can't really talk about business or any allegations or anything like that. I can't answer any questions about that whatsoever. This morning, martin Shkreli, the disgraced hedge fund CEO and so-called bad boy of pharmaceuticals turning heads. Good to be back. Live streaming himself on youtube Friday less than 24 hours after getting out of jail on $5 million bail. Sorry I couldn't live stream yesterday. Had a lot going on. Reporter: He sure did. On Friday the 32-year-old resigned from his post as CEO of turing pharmaceuticals, the company that blew up the price of a drug by 5,000% to $750 per tablet. Shkreli was arrested Thursday morning on unrelated fraud charges. Shkreli essentially ran his companies like a Ponzi scheme. Reporter: Those allegations didn't appear to faze him. Yesterday on his live stream Shkreli was seen talking on the phone, playing internet games. And strumming his guitar. ? Reporter: But those charges are no laughing matter. Court documents allege that the top exec scored millions from investors and when he lost their money through a series of bad trades, he took money from new investors to pay off the old ones. And then he launched a company called retrophin, acquiring old drugs and selling them for higher prices. According to investigators using that money to pay off his hedge fund investors. Shkreli has pleaded not guilty to the charges keeping mum about his legal battle on his live stream. My lawyers say don't, don't talk so I'm not going to talk. Reporter: Now up to 800 people were watching that live stream at any given time. If convicted of all charges Shkreli faces up to 20 years in prison. He seems to be in a good mood for now. Galvanizing democrats and republicans, nobody likes him. One thing everybody can agree on. Over to Ron with another
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