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What Martin Shkreli's Faces In Custody
Larry Levine --  Wall Street Prison Consultants Larry Levine -- Wall Street Prison Consultants
Los Angeles , CA
Friday, March 09, 2018


Martin Shkreli, the former CEO of Turing Pharmaceuticals was just handed a 70 month federal prison sentence for fraud by U.S. District Judge Kiyo Matsumoto in New York.

The cocky and arrogant 34 year old who cried in the courtroom at sentencing, was once dubbed the most hated man in America. In 2015 as head of Turing, he put in place a 5000% price increase of the HIV drug Daraprim raising it from $13.50 to $750 a dose.

Shkreli's future's now in the hands of the Federal Bureau of Prisons as to what type of prison to send him to, and where to house him. At this point in his judicial issues, federal prison is no stranger to Shkreli after spending several months a guest of the BOP, at the Federal Metropolitan Detention Center in Brooklyn, New York.

While most non-violent Federal Inmates who received such light sentences go to so called minimum security "Club Fed" Federal Prison Camps, Shkreli's crime could carry a higher custody penalty due to his offer to pay a $5000 bounty to anyone who could get a lock of Hillary Clinton's hair.

During most of his pre-trial supervision, he was out on bond with relative freedom but that ended after he jokingly made the online offer about Clinton. Judge Matsumoto angrily revoked his bail and threw him in jail. Shkreli's threatening comments could cause him to have what the BOP calls a "Public Safety Factor" to be placed on him, and that he be given a "Management Variable as Threat to the Community" causing Shkreli to be designated "behind the wire" as they say, to a low security (FCI) Federal Correctional Institution.

I'm Larry Levine and before starting Wall Street Prison Consultants, I served a ten year federal sentence at 11 Correctional Facilities after being convicted of charges related to Securities Fraud, Narcotics Trafficking, Racketeering, Obstruction of Justice and Machine Guns. I have a working knowledge on how inmates with Shkreli's type of crime are treated and where they are sent.

The differences between a minimum security camp and low security FCI for an inmate can be drastic.

  • Camps have no perimeter fences or armed security.
  • FCI's have two secure barbed wire fences with roving security patrols armed with Machine Guns.
  • Camp housing unit doors are never locked.
  • FCI inmates are locked in their housing units at night.
  • Camps generally house non-violent white-collar offenders.
  • FCI's can house bank robbers, drug dealers and those convicted of sex crimes
  • Camps house inmate serving up to 10 years or less.
  • FCI's house inmates serving 10 to 20 years.
  • Camps have relatively few correctional workers.
  • FCI's have a high ratio of staff to inmates.
  • Camps have few incidents of inmate on inmate violence.
  • FCI's are known to have stabbings, inmate on inmate violence and occasional riots.

If Shkreli's lawyers were on their toes, they may have given him advice about claiming he had a drug or alcohol problem and entering the Federal Bureau of Prison's (RDAP) Residential Drug Abuse Program, which could allow him to get released up to 12 months early. But due to Shkreli's implied threats against Clinton, the BOP could deny his eligibility for early release as the RDAP program policy prohibits inmates with violence from getting released early.

For a man who once was once paid millions, his employment compensation will now be valued in pennies as the BOP only pays it inmates from 12 to 40 centers per hour.  If he can manage to keep his smart mouth and arrogant attitude in check, he might just make it through his sentence without having an angry inmate knock out a few of his teeth behind the wall.

Wall Street Prison Consultants




Larry Levine
Wall Street Prison Consultants
Los Angeles, CA