‘Pharma bro’ Martin Shkreli released from prison

Martin Shkreli, the infamous "pharma bro" who was sentenced to prison for securities fraud, was released from prison and transferred to a federal halfway house.

Martin Shkreli, the infamous “pharma bro” who was sentenced to prison for securities fraud, was transferred to a halfway house operated by the Federal Bureau of Prisons after finishing programs that allowed his jail time to be shortened, according to a statement issued by his attorney.

Shkreli had been serving time in a federal prison in Allenwood, Pa., and was expected to be released in September. He remains in federal custody until Sept. 14, according to a spokesman for the Bureau of Prisons. There was no further comment from his attorney, Benjamin Brafman. Shkreli was twice previously denied an early release.

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