BusinessPostCorner.com
No Result
View All Result
Thursday, May 15, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

‘Pharma bro’ Martin Shkreli now lives on $2,500 monthly

May 23, 2023
in Business
Reading Time: 2 mins read
A A
0
‘Pharma bro’ Martin Shkreli now lives on ,500 monthly
ShareShareShareShareShare

Martin Shkreli, the former pharmaceutical chief executive officer who served almost seven years in prison for securities fraud, is earning $2,500 a month consulting for a law firm and living with his sister in Queens, New York, according to the US Probation Office.

Shkreli, 40, has had a mostly “positive adjustment” since being released from prison last year and is currently employed by the Law Office of Christopher K. Johnston LLC, according to a probation report filed Tuesday in federal court in Brooklyn, New York.

The report did not elaborate on Shkreli’s duties or say how or when he got the job. Neither the law firm nor Shkreli’s attorney immediately responded to messages seeking comment.

The former Turing Pharmaceuticals CEO did have an initial delay in carrying out his mandatory community service of 20 hours a month, which resulted in a technical violation of his supervision, according to the filing. Shkreli blamed the delay on scheduling conflicts and mental health issues and has been in compliance since April 3.

Shkreli also completed his mandatory therapy appointments last year, the probation office said, but he will be “re-referred for mental health treatment” due to his “self-reported struggles.” The filing didn’t elaborate on what those struggles were.

Dubbed “the most hated man in America” after he raised the price of a potentially life-saving drug by 5,000%, Shkreli was convicted in 2017 of defrauding investors in two hedge funds. In May 2022, he was released four months early from a low-security federal prison in Allenwood, Pennsylvania, and transferred to a halfway house.

Shkreli was once a multimillionaire who adorned his walls with a Picasso, drank rare wines, owned an Enigma encryption machine used by the Nazis in World War II, letters by Charles Darwin and Ada Lovelace, the English mathematician celebrated as the first mechanical general purpose computer inventor, and famously bought the only copy of the Wu-Tang Clan’s Once Upon a Time in Shaolin. Those possessions were all later sold to cover his penalties and liabilities.

Subscribe to Well Adjusted, our newsletter full of simple strategies to work smarter and live better, from the Fortune Well team. Sign up today.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Meta Touts Accessibility-Relevant Voice Control Improvements, More In Latest Ray-Ban Stories Update

Next Post

JPMorgan: U.S. Virgin Islands helped Jeffrey Epstein

Next Post
JPMorgan: U.S. Virgin Islands helped Jeffrey Epstein

JPMorgan: U.S. Virgin Islands helped Jeffrey Epstein

Candy Crush is using AI to help solve puzzles, but some game makers worry it’s jeopardizing their livelihoods

Candy Crush is using AI to help solve puzzles, but some game makers worry it’s jeopardizing their livelihoods

May 12, 2025
UK must ‘do everything’ to rebuild trade with EU

UK must ‘do everything’ to rebuild trade with EU

May 8, 2025
Ramp and Stripe Announce Stablecoin-Backed Corporate Cards

Ramp and Stripe Announce Stablecoin-Backed Corporate Cards

May 12, 2025
Republicans discuss raising SALT cap to K, Johnson says

Republicans discuss raising SALT cap to $30K, Johnson says

May 8, 2025
GOP eyes endowment tax hike in escalation of Ivy League feud

GOP eyes endowment tax hike in escalation of Ivy League feud

May 9, 2025
Here are the winners and losers in the Republican tax bill

Here are the winners and losers in the Republican tax bill

May 14, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

UK to allow foreign states 15% stake in newspapers

UK to allow foreign states 15% stake in newspapers

May 15, 2025
Airbnb’s new app for ‘services’ is getting shot down by critics — here’s why CEO Brian Chesky should be thrilled

Airbnb’s new app for ‘services’ is getting shot down by critics — here’s why CEO Brian Chesky should be thrilled

May 15, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!