Shkreli's Wu-Tang Album, Picasso Eyed for Forfeiture

Peter Foley  Bloomberg  Getty Images

A Picasso and the only known copy of a secret Wu Tung Clan album are among the assets demanded Thursday by federal prosecutors, estimating that Martin Shkreli's securities fraud earned him more than $7.3 million.

Federal prosecutors say "Pharma Bro" Martin Shkreli owes the U.S. government almost $7.4 million in forfeitures and authorities Friday filed a motion with U.S. District Judge Kiyo Matsumoto of the Eastern District of NY pointing to some of Shkreli's personal assets that could help make up the difference.

In court papers, prospectors wrote that the $7.3 million total represents "a conservative computation of the proceeds Shkreli personally obtained as a result of his three different securities fraud crimes of conviction". He was found not guilty on five other counts.

Martin Shkreli, left, talks with reporters while standing next to his attorney Benjamin Brafman after leaving federal court in NY on August 4, 2017.

Even after being convicted, Shkreli struggled to repress his quirky instincts and to stay off social media.

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Taking exception to some portions of Sharma's petition, the court said it was "unwarranted and scurrilous". The ban by Bihar, ruled by a JD-U-BJP coalition, follows that by BJP ruled Madhya Pradesh and Rajasthan.

Additionally, there was mention of Shkreli's copy of what may be "Tha Carter V", the lost double-album from rap legend Lil Wayne.

He is now imprisoned in a Brooklyn jail after he was convicted of securities fraud in August.

It had amassed bids of more than $1 million before Shkreli was remanded into custody in September for offering to pay his Facebook followers to grab Hillary Clinton's hair. "Accordingly, forfeiture of any assets is not an appropriate remedy".

Martin Shkreli, CEO of Turing Pharmaceutical, being arrested on securities fraud allegations.

In his eBay listing, Shkreli said he has not "carefully listened to the album", and the work remains the subject of intrigue.

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