Martin Shkreli Is Released from Prison Early

Martin Shkreli 

Photographer: Drew Angerer/Getty Images

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Martin Shkreli, the “Pharma Bro” who gained notoriety for unapologetically raising drug prices, has been released from federal prison in Pennsylvania and transferred to a halfway house.

Shkreli was sentenced in 2018 to 7 years in prison after being convicted of securities fraud for lying to investors and for manipulating shares of Retrophin Inc., a biotech company he founded. He was released early from a low-security federal prison in Allenwood, Pennsylvania.