NY Businessman Charged With Hoarding and Price-Gouging Under Defense Production Act

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    U.S. Attorney for the Eastern District of New YorkA Long Island businessman who portrayed himself as a philanthropist for donating medical supplies to health-care workers and first responders was actually a profiteer who hoarded masks and gowns desperately needed by hospitals and then sold them at a massive markup, federal authorities say.Amardeep Singh—better known as Bobby Singh on his self-congratulatory Instagram account—allegedly continued to price-gouge even after being cited by the Nassau County Department of Consumer Affairs and the state Attorney General’s office, according to a criminal complaint.Now Singh is facing federal charges of violating the Defense Production Act—the first such criminal case since the start of the coronavirus crisis. He is expected to surrender next week, prosecutors said.Read more at The Daily Beast.

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