The 34-year-old pharmaceutical entrepreneur found guilty on three of eight federal charges that he deceived investors in a pair of failed hedge funds

Martin Shkreli, the hedge fund manager turned pharmaceutical entrepreneur once dubbed “the most hated man in America” has been found guilty on three of eight federal charges that he deceived investors in a pair of failed hedge funds.

The jury of seven women and five men reached their verdict on the fifth day of deliberations after a month-long federal fraud trial. Shkreli, nicknamed “Pharma Bro” for his willfully provocative behaviour, faced up to 20 years behind bars on the charges of securities fraud, conspiracy to commit securities fraud and conspiracy to commit wire fraud.

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