Martin Shkreli Officially Ordered to Turn Over Albums by Wu-Tang and Lil Wayne
The U.S. Department of Justice now controls the fates of 'Once Upon a Time in Shaolin' and 'Tha Carter V'
Published Mar 22, 2018It's official: Martin Shkreli must forfeit the sole copy of Wu-Tang Clan's Once Upon a Time in Shaolin album and Lil Wayne's Tha Carter V.
The decision comes after the pharma villain was sentenced to seven years in prison earlier this month for defrauding investors. As part of the ruling, Shkreli was also ordered fork over $7.3 million USD in assets.
Now, as Forbes reports, the United States Department of Justice officially has ordered Shkreli to turn over the albums as part of his assets.
In its filing, the Department of Justice wrote, "The United States hereby gives notice of its intent to dispose of the forfeited property in such manner as the United States Attorney General may direct."
Yes, this means that Jeff Sessions now controls the fate of Once Upon a Time in Shaolin and Tha Carter V — or at least in indirectly. Forbes reports the U.S. Attorney's Office for the Eastern District of New York will be taking over the actual forfeiture, meaning Sessions is only indirectly responsible as head of the Department of Justice.
In addition to having to pony up both albums, Shkreli must forfeit $5 million USD in a brokerage account, a stake in Vyera Pharmaceuticals, a Picasso painting and other assets.
All this being said, an appeal could be filed, meaning the saga of both albums could drag on even longer.