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

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

Shkreli, 40, has had a generally “positive adjustment” since being released from prison last year and now works at the Law Office of Christopher K. Johnston LLC, according to a trial. report was filed Tuesday in federal court in Brooklyn, New York.

The report did not detail Shkreli’s duties or say how or when he got the job. The law firm or Shkreli’s attorney did not immediately respond to messages seeking comment.

The former Turing Pharmaceuticals CEO had the first delay in performing his mandatory community service of 20 hours a month, resulting in a technical violation of his administration, 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 appointment last year, the probation office said, but he was “re-referred for mental health treatment” because of his “self-reported struggles.” The filing did not detail what the struggles were.

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

Shkreli was once a multimillionaire who decorated his walls with a Picasso, drank rare wines, owned an Enigma encryption machine used by the Nazis in World War II, writes Charles Darwin and Ada Lovelace, the English mathematician who is celebrated as the first mechanical general purpose computer. inventor, and famously bought the Wu-Tang Clan’s only copy Once Upon a Time in Shaolin. Those properties were later sold to pay off his fines and debts.

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