Martin Shkreli Is Now in Federal Prison

Martin Shkreli wanted to serve out the remainder of his seven-year sentence at a minimum-security federal camp, but that request was denied and the 35-year-old "pharma bro" was transferred Tuesday to a federal prison in New Jersey. Shkreli, the infamous former pharmaceuticals company head convicted of defrauding hedge-fund investors and manipulating the stock of his former company, will serve out his sentence at Fort Dix Federal Correctional Institution, a low-security prison located on a military base about 80 miles from New York City. CNBC notes that "camps are considered safer for inmates and are relatively more pleasant places to do one's sentence," but says Shkreli may have been ineligible for a camp since a judge ruled him a public danger thanks to, among other things, his offer of a bounty for a strand of Hillary Clinton's hair. (More Martin Shkreli stories.)