- Martin Shkreli has been released from prison and is being transported home for a while.
- Shkreli will be released from all federal custody on September 14, according to the US Bureau of Prisons.
- Shkreli was sentenced to seven years in prison after being found guilty of securities fraud in 2017.
Former pharmaceutical executive and so-called “Pharma Bro” Martin Shkreli was released early after his seven-year sentence had served less than five years and was sent to a home halfway through.
“While we were halfway through, I urged Mr. Shkreli not to comment further, and I will not have any further comments from him or me at this time,” his lawyer, Benjamin Brafman, told Insider.
Shkreli He posted a selfie to his Facebook page on Wednesday. “It’s easier to get out of real prison than Twitter prison.”
Earlier on Wednesday, a backer posted a photo of him with Shkreli wearing a gray sweatshirt.
—Edmund Sullivan (@edmundsullivan) 18 May 2022
Shkreli was found guilty of securities fraud in 2017 and is facing an anti-trust suit for raising the price of the rare life-saving anti-parasitic drug Daraprim by 5,000 percent.
Earlier this year, a federal judge barred him from the pharmaceutical industry for life. and ordered him to pay a $64.6 million fine.
Shkreli has been released from a Pennsylvania prison after serving part of his seven-year sentence and will be transferred to a “community confinement” program, the US Bureau of Prisons told Insider.
Shkreli is scheduled to be fully released from federal custody on September 14, according to the BOP website.