Martin Shkreli was ordered by a federal judge to forfeit nearly US$7.4 million, in a win for prosecutors who say the hedge-fund manager turned pharmaceutical executive cheated his investors.
Judge Kiyo Matsumoto said that in order to satisfy that award amount, Shkreli must forfeit his interest in a set of assets.
Benjamin Brafman, Shkreli's lead defense attorney, did not immediately respond to a message seeking comment on the decision.
Shkreli has been behind bars since September when a judge found he broke the terms of his bail by offering social media followers money for a hair sample from then-presidential candidate Hillary Clinton.
Sharma Time At WGC
An 8.2 magnitude natural disaster struck Mexico City in September, with the area hit by another powerful quake in February. I hit it into the bush and then hit it on the green, which is better get a five and walk away from there.
In August, a jury convicted Shkreli of securities fraud while he was a portfolio manager at a hedge fund.
Vyera was formerly known as Turing Pharmaceuticals, which Shkreli founded and gained infamy for in 2015 after raising the price of its anti-parasite drug Daraprim by more than 5,000 percent. They said he spent investor funds on personal expenses "to maintain the image of a successful hedge fund manager".
Although the $10.4 million loss will result in a higher recommended sentence under federal guidelines, Matsumoto is not required to follow those guidelines.
The decision came four days before a scheduled hearing at which Shkreli faces a potential maximum prison sentence of 20 years.