Shkreli Prison Release Bid Amid Novel Coronavirus Pandemic Concerns Denied

Mealey's (May 19, 2020, 2:56 PM EDT) -- BROOKLYN, N.Y. — A federal judge in New York on May 16 ruled that convicted fraudster Martin Shrkeli will remain in prison and not be granted permission to serve the remainder of his 84-month prison sentence for bilking investors of millions of dollars in investments in home confinement so he can conduct research on a treatment for COVID-19, the disease caused by the novel coronavirus, because he has failed to demonstrate any “extraordinary and compelling” reasons to mandate such action (United States v. Martin Shkreli, No. 15-cr-637, E.D. N.Y.)....