Grab yourself your favourite potable treat and take a deep celebratory glug: Martin Shkreli has been arrested for fraud. That's him up there, being led away.

By now, unfortunately, you know who Martin Shkreli is. He jacked the price of AIDS medicine Daraprim from $13.50 per pill to $750 after his pharmaceutical company, Turing Pharmaceuticals, acquired it. He then demonstrated his eternal smugness when it turned out he was the person who won Wu-Tang's Once Upon A Time In Shaolin at auction.

Then he said he'd pay Bobby Shmurda's $2 million bail - saying things like "He'd owe me one, obviously" and "He reminds me of me, quite frankly."

Even Donald Trump has bad things to say about him: "He looks like a spoiled brat to me. He's a hedge fund guy. I thought it was disgusting what he did."

Now, Shkreli has been arrested by the FBI on fraud charges. Angels are singing. He is suspected of using cash from Retrophin (a biotechnology company he launched in 2011) in order to pay off debts owed to investors from back in his hedge fund manager days.