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AP National Business

‘Pharma Bro’ Shkreli freed from prison for halfway house

House Committee on Oversight and Government Reform
By
May 18, 2022 1:49 PM
Published 1:16 PM

By LARRY NEUMEISTER
Associated Press

NEW YORK (AP) — Convicted pharmaceutical executive Martin Shkreli has been freed from prison after serving much of a seven-year prison sentence for lying to hedge fund investors and cheating investors in a drug company. Shkreli’s attorney, Ben Brafman, said in a statement Wednesday that the 39-year-old Shkreli was released from a prison in Allenwood, Pennsylvania. He said his client was transferred to a Bureau of Prisons halfway house after completing programs that enabled him to earn early release. The lawyer also says he encouraged Shkreli to make no statement. In a release, the Federal Bureau of Prisons confirmed Shkreli’s release, saying the halfway house stint will end in mid-September.

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