Illinois news: Man charged with price-gouging in mask sales

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CHICAGO — 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. 



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Editor is WebTech Group (WTG). WTG is a web hosting, design, SEO, press release distribution company and news agency located in St. Louis, Missouri. Site is owned and operate multiple news sites in the region. Our objective with STLNewsMissouri.com is to offer readers a one-stop news site for Missouri news. We aggregate news from news media across the state. We do not aggregate news from all sources. We pick from those that offer RSS feeds and pick the best with eliminating those that might produce the same news stories, written differently.
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