NewsCrime

Actions

Martin Shkreli: 'Pharma bro' released early from federal prison

Martin Shkreli
Posted
and last updated

Martin Shkreli, who gained notoriety for raising the price of a life-saving AIDS drug and purchasing a one-of-a-kind Wu-Tang Clan album, was released early from federal prison Wednesday.

Shkreli's lawyer Benjamin Brafman confirmed to CNBC and The Wall Street Journal that his client was transferred to a halfway house once he was released from Allenwood prison in Pennsylvania "after completing all programs that allowed his prison sentence to be shortened.”

ABC News reported that the "Pharma Bro" only served five of his seven-year sentence before being released.

Shkreli was convicted in 2017 for defrauding investors out of more than $10 million.

In 2015, his company, Turing Pharmaceuticals, raised the price of Daraprim by 4,000%.

The cost of one pill went from $13.50 to $750.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Monday

10/13/2025

Mostly Cloudy

75° / 57°

13%

Tuesday

10/14/2025

Rain

62° / 51°

81%

Wednesday

10/15/2025

Partly Cloudy

65° / 51°

7%

Thursday

10/16/2025

Sunny

68° / 51°

5%

Friday

10/17/2025

Sunny

74° / 54°

5%

Saturday

10/18/2025

Sunny

78° / 56°

1%

Sunday

10/19/2025

Sunny

79° / 55°

0%

Monday

10/20/2025

Mostly Sunny

72° / 54°

4%