Martin Shkreli, ‘Pharma Bro,’ Released From Prison

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Published on May 19, 2022 - Duration: 01:31s

Martin Shkreli, ‘Pharma Bro,’ Released From Prison

Martin Shkreli, ‘Pharma Bro,’ , Released From Prison.

NPR reports Martin Shkreli, the pharmaceutical executive who once raised the price of a life-saving drug by 5,000%, is now out of prison.

Shkreli will reportedly transfer to community confinement.

Known as the "pharma bro," Shkreli is expected to be released from the Bureau of Prisons by September 14.

Sharing a selfie in a recent Facebook post, Shkreli wrote.

Getting out of real prison is easier than getting out of Twitter prison.

, Martin Shkreli, via Facebook.

Shkreli was found guilty on two counts of securities fraud and another count of conspiracy to commit securities fraud in 2017.

A federal judge ruled Shkreli must forfeit all capital gained from his fraud scheme.

As part of a court ruling involving the forfeiture of $7.4 million.

The United States sold the lone copy of the Wu-Tang Clan record, 'Once Upon a Time in Shaolin,' which Shkreli owned.

While in charge of Turing Pharmaceuticals, Shkreli rapidly raised prices on Daraprim, an antiparasitic drug used by AIDS patients and those with weakened immune systems. Shkreli raised prices on Daraprim from $13.50 per pill to $750.

In January, a U.S. District Judge forced Shkreli to repay the $64.6 million he received from hiking the price of Daraprim.

Shkreli has been banned from the pharmaceutical industry indefinitely

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