- Martin Shkreli is out of jail and earning $2,500 a month working as a consultant at a law firm.
- Shkreli is also living in Queens with his sister, per a report by the US Probation Office.
A year after getting out of jail, Martin Shkreli — also known as "Pharma Bro" — is earning $2,500 as a consultant for a law firm, and living with his sister in Queens, New York.
A new report by the US Probation Office, released on Tuesday, states that Shkreli is "currently employed as a consultant for the Law Office of Christopher K. Johnston LLC." He was released from jail in May 2022.
It also stated that he "maintains residence with his sister in Queens, New York," and displays "positive adjustment" to his new life.
The ex-Turing Pharmaceuticals CEO was found guilty in 2017 of securities fraud, and was sentenced to seven years in jail in 2018.
He is best known for raising the price of a rare life-saving drug by 5,000%, for which he faced a separate antitrust lawsuit. After Turing Pharmaceuticals acquired the US rights to Daraprim — an antiparasitic pill taken by immunocompromised patients like AIDS victims — the drug's price shot up from $13.50 per pill to $750.
Shkreli defended the price hike, saying at a Forbes Healthcare Summit in 2015: "It's a business. We're supposed to make as much money as possible."
He was given a lifetime ban from the pharmaceutical industry and fined $64.6 million, which is how much he earned in profits from hiking up the price of the drug.
However, Shkreli was released from jail early in May 2022, after which he was transferred to a halfway house, where he lived until September.
Upon getting out of jail, he posted a selfie of himself on Facebook, saying: "Getting out of real prison is easier than getting out of Twitter prison." He was likely referring to how he was suspended from the platform in 2017 for harassing a journalist.
The US Probation Office report also stated that in February, the probation officer noticed that Shkreli had failed to participate in his mandatory 20 hours of community service per month, saying that he was "struggling with his mental health."
In April, he told the officer that he had completed his service, per the report. It stated that he would be "re-referred for mental health treatment" due to "self-reported struggles."
The report did not specify what those struggles were.
Shkreli's lawyer did not immediately respond to Insider's requests for comment sent outside regular business hours.