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Martin Shkreli continues to run business from prison, report says
Martin Shkreli reportedly runs his pharmaceutical company from prison on a contraband smartphone. Shkreli continues to run the remains of the drug company that once earned him the title of most hated man in America, according to a story in the Wall Street Journal. He was convicted of securities fraud and conspiracy in 2017. He has served 16 months of a seven-year sentence in federal prison.
Shkreli is reportedly running Phoenixus AG, formerly known as Turing Pharmaceuticals. In 2015, when Shkreli was the CEO, Turing raised the price of the lifesaving drug Daraprim used by AIDS patients from $13.50 a pill to $750 a pill. The price hike sparked a public outcry.
The Journal says that Shkreli anticipates the company will grow more successful while he's in prison. He believes the company, of which he owns 40%, could be worth $3.7 billion by the time he gets out of prison.
On one recent phone call, Shkreli fired Phoenixus CEO Kevin Mulleady, the Journal reported. Shkreli reportedly later changed his mind, agreeing to suspend Mulleady rather than fire him.
Cartoon villain performance art.
Previously: Martin Shkreli Points Fingers at Other Pharmaceutical Companies
Martin Shkreli Convicted of Securities Fraud Charges, Optimistic About Sentencing
Martin Shkreli Lists Unreleased Wu-Tang Clan Album on eBay
Martin Shkreli's $5 Million Bail Revoked for Facebook Post Seeking Hillary Clinton's Hair
Sobbing Martin Shkreli Sentenced to 7 Years in Prison for Defrauding Investors
Related: Drug Firm Offers $1 Version of $750 Turing Pharmaceuticals Pill
Mylan Overcharged U.S. Government on EpiPens
EpiPen Maker is Facing Shareholder Backlash
FDA Has Named Names of Pharma Companies Blocking Cheaper Generics [Updated]
U.S. Hospitals Band Together to Form Civica Rx, a Non-Profit Pharmaceutical Company
(Score: 4, Insightful) by Runaway1956 on Saturday March 09 2019, @03:54PM (13 children)
whack his pee-pee, and throw his ass into solitary, on bread and water.
The story here is not that Shkrelli is breaking some rules. The story is that the prison is incapable of controlling it's prisoners.
(Score: 3, Funny) by Anonymous Coward on Saturday March 09 2019, @04:46PM (4 children)
In my country, he is known as a businessman.
(Score: 3, Funny) by Anonymous Coward on Saturday March 09 2019, @06:21PM
Manafort, go back to your cell!
(Score: 1, Flamebait) by darkfeline on Sunday March 10 2019, @12:59AM (2 children)
To be fair, most organized criminals make much better businessmen than actual so-called businessmen.
Join the SDF Public Access UNIX System today!
(Score: 1, Touché) by Anonymous Coward on Sunday March 10 2019, @01:54AM (1 child)
Of course they do. It's a lot easier to be successful when you can literally "take out" your competition.
(Score: 2) by captain normal on Sunday March 10 2019, @03:41AM
Or, just make them an offer they can't refuse.
Everyone is entitled to his own opinion, but not to his own facts"- --Daniel Patrick Moynihan--
(Score: 0) by Anonymous Coward on Saturday March 09 2019, @05:08PM (2 children)
Bread and water? LOL. In solitary, they mush everything on your tray into a ball and give you a foodball, with no tray, and no cup you can use to splash the guards with.
(Score: 1, Informative) by Anonymous Coward on Saturday March 09 2019, @05:20PM (1 child)
https://en.wikipedia.org/wiki/Nutraloaf [wikipedia.org]
(Score: 2) by DannyB on Sunday March 10 2019, @11:03PM
after reading the Wikipedia article . . .
My Nutraloaf recipie:
* Meat: spam
* vegitable: some kind of super hot eye watering peppers
* grains: ???
The lower I set my standards the more accomplishments I have.
(Score: 1) by fustakrakich on Saturday March 09 2019, @06:33PM
No, it's not about being "incapable" by any means. The prison system is run like any other business.
La politica e i criminali sono la stessa cosa..
(Score: 0) by Anonymous Coward on Saturday March 09 2019, @11:11PM (1 child)
Yes. I'm wondering whether or not it's been confiscated and if not, why not, and how soon will the people who are responsible for confiscating it be sacked so that it can be confiscated.
Only problem with whacking his pee-pee is that there is no money to fund transgender surgeries!
(Score: 2) by DannyB on Sunday March 10 2019, @10:59PM
You misunderstand whacking it. (And I do not mean masturbation.) Rather, hitting it with, say, a night stick.
If you to the surgery you suggest, then you remove the effectiveness of this helpful conditioning treatment.
The lower I set my standards the more accomplishments I have.
(Score: 0) by Anonymous Coward on Saturday March 09 2019, @11:15PM
nah. how about FCI Florence.
That could possibly send a message. But when he gets out I'm sure he, Michael Miliken, Andrew Wiederhorn et al will get together and plot their revenge on us.
(Score: 0) by Anonymous Coward on Sunday March 10 2019, @02:58AM
Not from a visitor, because prisoners are strip searched after visits.
Not through the mail, because mail is strictly sorted.
We can't be certain that a correctional officer wasn't his supplier but it's the way to bet.