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'Pharma Bro' Martin Shkreli says he used 'poor judgment' in placing a $5,000 bounty for Hillary Clinton's hair

Sep 13, 2017, 04:44 IST

Martin Shkreli (C), chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals Inc, departs U.S. Federal Court after an arraignment following his being charged in a federal indictment filed in Brooklyn relating to his management of hedge fund MSMB Capital Management and biopharmaceutical company Retrophin Inc. in New York December 17, 2015.REUTERS/Lucas Jackson

Former pharmaceutical CEO Martin Shkreli apologized on Monday to a federal judge after offering a $5,000 bounty for some of Hillary Clinton's hair.

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In a letter addressed to Judge Kiyo Matsumoto, Shkreli wrote that he "used poor judgment" and "never intended to cause alarm or promote any act of violence."

"I wanted to personally apologize to this Court and my lawyers for the aggravation that my recent postings have caused," Shkreli wrote. "I understand now, that some may have read my comments about Mrs. Clinton as threatening, when that was never my intention when making those comments."

Shkreli, who was found guilty on two counts of securities fraud, caught the Secret Service's attention after he wrote a Facebook post last week that read: "The Clinton Foundation is willing to KILL to protect its secrets. So on HRC's book tour, try to grab a hair from her... Will pay $5,000 per hair obtained."

Following the post, he added a disclaimer, according to CNBC: "(this is satire, meant for humor and not an endorsement of violence against a truly wonderful public servant)."

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Federal prosecutors didn't find the post humorous and asked the court to revoke Shkreli's $5 million bail. Citing "escalating pattern of threats and harassment," prosecutors alleged that Shkreli was a "danger to his community," Fortune reported.

Read Shkreli's entire letter:

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