Illinois man charged with price-gouging in mask sales

Regional News

In this illustration dated February 26, 2020, protective N-95 face masks lie on a table at an office in Washington, DC. (Photo by EVA HAMBACH/AFP via Getty Images)

CHICAGO (AP) — A northern Illinois businessman is facing federal charges of price gouging customers seeking to purchase of protective masks at the height of the COVID-19 pandemic.

Krikor Topouzian of Winnetka was charged Thursday in a criminal information with violating anti-price gouging laws. The misdemeanor charge carries a maximum of one year in prison.

The 60-year-old owner of a Skokie-based medical supply company is accused of accumulating in March and April about 80,000 respirator masks for roughly just over $5 each. Topouzian later sold nearly 40,000 of the masks to customers for prices as high as $19.95 per mask.

Prosecutors allege nearly all the sales were made to individual customers.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Don't Miss

More Don't Miss

Trending Stories