Martin Shkreli was taken into custody Thursday morning
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Martin Shkreli, the hedge fund manager and drug company CEO, became a lightning rod in September when he raised the cost of Dararim by 5,000 percent. Daraprim, the common name for the drug pyrimethamine, is the only medication for treatingtoxoplasmosis, an infection contracted from cat parasites that can cause birth defects. It is also used as a co-treatment for HIV infections, some cancers and malaria.
A law enforcement source confirmed that Shkreli was arrested by the FBI at his home in Manhattan Thursday on security fraud charges, CBS News senior investigative producer Pat Milton reports. He is being processed at FBI headquarters in New York and is expected to be arraigned later today in Federal Court in Brooklyn.