Martin Shkreli is an American former hedge fund manager and convicted felon.
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Shkreli is the co-founder of the hedge funds;
- Elea Capital,
- MSMB Capital Management and
- MSMB Healthcare; the co-founder and former chief executive officer (CEO) of the pharmaceutical firms Retrophin and Turing Pharmaceuticals (now Vyera Pharmaceuticals); and the former CEO of start-up software company Gödel Systems, which he founded in August 2016.
Martin Shkreli age
Shkreli was born on March 17, 1983, in Coney Island Hospital in the New York City borough of Brooklyn to Albanian and Croatian immigrant parents
Martin Shkreli prison sentence
In 2017, Shkreli was charged and convicted in federal court on two counts of securities fraud and one count of conspiring to commit securities fraud, unrelated to the Daraprim controversy.
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Shkreli was sentenced to seven years in federal prison and up to $7.4 million in fines and in the civil case, he was fined a further $64.6 million to be given to victims nationwide.
Martin Shkreli released
Prior to May 2022, Shkreli was held at the low-security federal prison in Allenwood, Pennsylvania, with an expected release date in September 2022.
On May 18, 2022, it was announced that Shkreli had been released early.
According to Shkreli’s lawyer Benjamin Brafman, the decision was made after Shkreli completed “all programmes that allowed for his prison sentence to be shortened”.
Shkreli was moved to a halfway house and will be fully released in September 2022.
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