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.
