Former pharma exec Martin Shkreli being probed by the feds over accusations he's running his business from prison

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Former pharma exec Martin Shkreli being probed by the feds over accusations he's running his business from prison
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A recent Wall Street Journal report claims he used a cellphone (not allowed in prison) to post to social media and even fire an executive.

Federal authorities said Friday they are investigating claims that Martin Shkreli has been running his pharmaceutical company from behind bars using a contraband smartphone.

The Wall Street Journal reported this week that Shkreli has used a cellphone to call the shots at his drug company, Phoenixus AG, posting regularly to social media and even firing the company's chief executive a few weeks ago. Shkreli, 35, is serving a seven-year sentence for securities fraud at the Federal Correctional Institution at Fort Dix, New Jersey, a low-security prison complex about 40 miles from Philadelphia. He was found guilty of lying to investors in two failed hedge funds and cheating them out of millions.

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