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Martin Shkreli, ‘Pharma Bro,’ Released From Prison

2022-05-19 184 Dailymotion

Martin Shkreli, ‘Pharma Bro,’ , Released From Prison.<br />NPR reports Martin Shkreli, the pharmaceutical <br />executive who once raised the price of a <br />life-saving drug by 5,000%, is now out of prison.<br />Shkreli will reportedly transfer <br />to community confinement.<br />Known as the "pharma bro," Shkreli <br />is expected to be released from the <br />Bureau of Prisons by September 14.<br />Sharing a selfie in a recent <br />Facebook post, Shkreli wrote.<br />Getting out of real prison is easier than getting out of Twitter prison. , Martin Shkreli, via Facebook.<br />Shkreli was found guilty on <br />two counts of securities fraud and <br />another count of conspiracy to <br />commit securities fraud in 2017.<br />A federal judge ruled Shkreli must forfeit all capital gained from his fraud scheme.<br />As part of a court ruling involving <br />the forfeiture of $7.4 million.<br />the United States sold the lone copy <br />of the Wu-Tang Clan record, 'Once Upon a <br />Time in Shaolin,' which Shkreli owned.<br />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.<br />Shkreli raised prices on Daraprim <br />from $13.50 per pill to $750.<br />In January, a U.S. District Judge forced Shkreli to repay the $64.6 million he received from hiking the price of Daraprim.<br />Shkreli has been banned from the pharmaceutical industry indefinitely

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