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Eugene

(61,900 posts)
Thu Mar 7, 2019, 06:52 PM Mar 2019

'Pharma bro' Martin Shkreli running business from N.J. prison with smuggled cell phone, report says

Source: NJ Advance Media

‘Pharma bro’ Martin Shkreli running business from N.J. prison with smuggled cell phone, report says

Updated 5:06 PM; Today 2:49 PM

By Jeff Goldman | NJ Advance Media for NJ.com

The brash pharmaceutical executive serving seven years in a low-security federal prison in New Jersey after raising the price of a drug 5,000 percent is running his business from prison using a cell phone smuggled into the facility, according to a report.

Martin Shkreli, who is housed in a 12-man cell at Federal Correctional Institution, Fort Dix is still heavily involved in Phoenixus, his private Swiss drug company, WSJ.com reported. The FBI is aware of Shkreli’s activities and is investigating the so-called “pharma bro” and his associates.

Until recently Shkreli was posting missives on Twitter from the phone. He even fired his CEO - who was on a safari in Africa- over the phone, the report said.

The 35-year-old was sentenced to seven years in prison for securities fraud.

-snip-


Read more: https://www.nj.com/news/2019/03/pharma-bro-martin-shkreli-running-business-from-nj-prison-with-smuggled-cell-phone-report-says.html

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Related: Martin Shkreli Steers His Old Company From Prison—With Contraband Cellphone (Wall Street Journal)
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'Pharma bro' Martin Shkreli running business from N.J. prison with smuggled cell phone, report says (Original Post) Eugene Mar 2019 OP
Lock him up! TwilightZone Mar 2019 #1
Remember: this asshole is in prison NOT because he raised drug prices but because he cheated CurtEastPoint Mar 2019 #2
Prison authorities say they are investigating 'pharma bro' Shkreli Eugene Mar 2019 #3

CurtEastPoint

(18,649 posts)
2. Remember: this asshole is in prison NOT because he raised drug prices but because he cheated
Thu Mar 7, 2019, 07:09 PM
Mar 2019

rich people.

Eugene

(61,900 posts)
3. Prison authorities say they are investigating 'pharma bro' Shkreli
Fri Mar 8, 2019, 08:01 PM
Mar 2019

Source: Reuters

BUSINESS NEWS MARCH 8, 2019 / 4:17 PM / UPDATED 2 HOURS AGO

Prison authorities say they are investigating 'pharma bro' Shkreli

Brendan Pierson
3 MIN READ

NEW YORK (Reuters) - The U.S. Bureau of Prisons said on Friday it was investigating former drug company executive Martin Shkreli’s conduct in prison after the Wall Street Journal reported he was still helping run his old company using a contraband cellphone.

“When there are allegations of misconduct, they are thoroughly investigated and appropriate action is taken if such allegations are proven true,” the Bureau of Prisons said in a statement. “This allegation is currently under investigation.”

The investigation was first reported by the Journal.

The bureau said that possessing a contraband cellphone was considered a severe offense and could result in discipline, including being separated from the inmate population and having visits restricted. It also said that possessing a contraband phone could lead to criminal charges.

-snip-


Read more: https://www.reuters.com/article/us-usa-crime-shkreli/prison-authorities-say-they-are-investigating-pharma-bro-shkreli-idUSKBN1QP2CB
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