Former pharmaceutical exec Martin Shkreli released from prison

[groundloop]

Source: Reuters

Martin Shkreli, the former pharmaceutical executive known for raising the price of a lifesaving drug more than 40-fold, has been released from prison, where he had been serving a seven-year term for fraud.

The early release of the 39-year-old Shkreli from a low security prison in Allenwood, Pennsylvania was confirmed on Wednesday by the prison and by Benjamin Brafman, who represented Shkreli at his 2017 criminal trial.

"Martin Shkreli has been released from Allenwood prison and transferred to a BOP halfway house after completing all programs that allowed for his prison sentence to be shortened," Brafman said in a statement, referring to the Federal Bureau of Prisons.

Shkreli is eligible to be released completely from federal custody on Sept. 14. His confinement is now overseen by a New York office that helps prisoners reenter society.

Read more: https://www.reuters.com/world/us/former-pharmaceutical-exec-martin-shkreli-released-prison-2022-05-18/

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In January a judge banned Shkreli for life from the drug industry, and in February another judge barred him from ever serving as an officer or director of public companies.

[TheRealNorth]

1. He'll be TFG's pick for the next Secretary of Commerce

[BluesRunTheGame]

3. I was gonna say VP.

[lastlib]

12. Or a VP at Trump Org.

[Auggie]

2. Two words: Private Equity

That's where Shkreli will surface IMO.

[Warpy]

4. Yeah, that's what worked for him before, he just got greedy.

He'll have to serve a long parole and I doubt his PO is going to be amused if he starts his old tricks any time soon.

At the halfway house, he'll most likely find himself working a typical post prison job at first, stocking shelves at a Wally's.

I don't think he looks the same way he did when he went in. He might have lost that backpfeifengesich.

[oldsoftie]

6. No, it will ALWAYS be deserving of more than that

[lastlib]

14. With a felony conviction, he'll be barred from the investment industry.

Maybe he can work for tRump Org.

[Auggie]

17. Okay. But private equity has its tentacles into everything.

[oldsoftie]

5. One of the very few times I'd support a "random" street beating.

If anyone deserves it its him. He should be banned from anything related to the stock market as well.

[lastlib]

15. Having a felony conviction, he is barred from the securities industry.

He can't get any kind of securities license, and can't work for anyone who is regulated. Pretty much closes that door for him.

[Evolve Dammit]

7. Don't expect any behavioral change but can always hope...

[Ford_Prefect]

8. IMHO he should be very careful crossing the street, or the parking lot.

Some people have very long memories.

Nothing more than an observation on my part...

[cab67]

9. or eating out.

[JI7]

10. I see him as being more of a threat to others

[lastlib]

16. I wouldn't wish any harm to him, or advocate an act of violence against him......

but I have some good heavy dimensional lumber if someone wants some....for a project......

[LudwigPastorius]

11. Maybe someone on Facebook should offer a $10,000 reward for a handful of his hair.

I have a feeling that this guy will eventually be back inside. I doubt a few years at Club Fed scared him straight.

[BWdem4life]

18. Hope that wiped the smirk off his face. nt

[The Jungle 1]

19. Do a map search of Allenwood prison

Football field, track, baseball field, tennis courts. I didn't see a golf course which is a surprise.