Martin Shkreli is a free man. Shkreli walked out of prison a free man on Wednesday, May 18, and into a halfway house where he will be on home confinement until September 14.
A friend picked Shkreli up from prison in Pennsylvania on Wednesday.
“Picked up this guy hitchhiking. Says he’s famous,” he tweeted.
Picked up this guy hitchhiking. Says he’s famous. pic.twitter.com/7XrQaII7lq
— Edmund Sullivan (@edmundsullivan) May 18, 2022
The so-called “Pharma Bro” was once the most hated man in America.
Shkreli got the attention of the Federal Trade Commission (FTC) when he hiked the price of a life-saving AIDS drug by 5,000%.
After a federal investigation into his former company in 2017, Shkreli was sentenced to serve 7 years in prison for securities fraud.
A judge revoked his $5 million bond when he threatened Hillary Clinton while appealing his conviction.
While in prison, Shkreli agreed to pay $40 million to consumers to settle the price gouging allegations.
He was also ordered to pay $64.6 million he earned in profit from the price hike. And he is banned from ever working in the pharmaceutical industry again.