‘Pharma Bro’ Must Do His Time In Federal Prison, Not A Minimum Security Camp


Martin Shkreli was hoping to serve his seven-year sentence in a more comfortable setting.

“Pharma Bro” was hoping to serve his time in a minimum-security federal camp, but Martin Shkreli is headed to a New Jersey federal prison after his request was denied.

According to CNBC, Shkreli was transported from the federal jail where he has been since September to New Jersey’s low-security Fort Dix Federal Correctional Institution.

Shkreli, 35, in March had asked to be sent to the minimum-security camp adjacent to another federal prison in Pennsylvania, FCI Canaan.

Shkreli's lawyer Benjamin Brafman declined to comment Wednesday. Brafman previously said that Judge Kiyo Matsumoto's ruling that Shkreli was a public danger last September would prevent him from doing his time in a minimum-security camp.

Such camps are reserved for inmates who do not pose a threat to society, and unfortunately for Shkreli, are a much nicer place to spend one’s seven-year prison sentence.

Matsumoto had said Shkreli was a danger as she revoked his bail for, among other things, his bizarre offer to Facebook followers of $5,000 for each strand of hair they managed to pull off the head of Hillary Clinton, who at the time was in the midst of a book tour.

Shkreli was convicted last year of defrauding investors and manipulating the stock prices of his pharmaceutical company Retrophin.