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Judi Lynn

(164,155 posts)
Fri Mar 8, 2019, 08:21 PM Mar 2019

Notorious 'Pharma Bro' is facing another investigation while behind bars -- this time from the Bureau [View all]

Source: AlterNet/Wall Street Journal

Notorious ‘Pharma Bro’ is facing another investigation while behind bars — this time from the Bureau of Prisons
written by Alex Henderson March 8, 2019

Martin Shkreli, the disgraced pharmaceutical executive who has been serving a seven-year prison sentence on fraud and conspiracy charges, is facing an investigation from the Bureau of Prisons after the Wall Street Journal reported that he had been using a cell phone to conduct business behind bars.

In the United States’ federal prison system, inmates are forbidden to have cell phones—even in a minimum security facility like the one Shkreli was sent to—and Shkreli could face either a fine or an additional year of prison time if convicted.

The Wall Street Journal reported on Thursday that despite Shkreli’s incarceration, he “remains the shadow power” at his pharmaceutical company, Phoenixus AG.

. . .

Several years ago, Shkreli was given the derogatory nickname “Pharma Bro” in media coverage of his activities. In 2015, Shkreli was inundated with negative publicity after raising the price of Daraprim (a drug used by some AIDS patients) from $13.50 per pill to $750 per pill.

Read more: https://www.alternet.org/2019/03/notorious-pharma-bro-is-facing-another-investigation-while-behind-bars-this-time-from-the-bureau-of-prisons/?utm_source=push_notifications

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