‘Pharma bro’ Martin Shkreli now lives on $2,500 monthly
Martin Shkreli, a former pharmaceutical executive who served nearly seven years in prison for securities fraud, is earning $2,500 a month advising a law firm and living with his sister in Queens, New York, according to the US Probation Office.
Shkreli, 40, has had mostly “positive adjustment” since being released from prison last year and is now employed by the Attorney General’s Office of Christopher K. Johnston LLC, according to a probation sentence. report filed Tuesday in federal court in Brooklyn, New York.
The report does not detail Shkreli’s duties or say how or when he got the job. Neither Shkreli’s law firm nor lawyers immediately responded to messages seeking comment.
According to the filing, the former Turing Pharmaceuticals CEO was initially late in performing his mandatory 20-hour-a-month community service, resulting in a technical breach of his supervision. Shkreli blamed the delay on scheduling conflicts and mental health issues and has been complying since April 3.
The probation office said Shkreli also completed mandatory therapy appointments last year, but he would be “re-referred for mental health treatment” due to “strugglings he self-reported”. fox”. The filing does not explain in detail what those struggles are.
Dubbed “America’s Most Hated Man” after raising the price of a potentially life-saving drug by 5,000%, Shkreli has sentenced in 2017 about defrauding investors in two hedge funds. In May 2022, he was launched four months early from a low-security federal prison in Allenwood, Pennsylvania, and transferred to a makeshift home.
Shkreli was once a millionaire who adorned his walls with a Picasso painting, drank rare wines, owned an Enigma coding machine used by the Nazis during the Second World War , letters from Charles Darwin and Ada Lovelace, the English mathematician celebrated as the inventor of the first mechanical general-purpose computer, and famously purchased the only copy of the Wu-Tang Clan’s Once upon a time in Shaolin. All of those assets were later sold to cover his penalties and liability.