ALBANY – A Troy businessman received three years of probation Thursday for hoarding and price gouging masks at the start of the pandemic last year, federal prosecutors said.
Imran Selcuk, 35, of Troy, previously pleaded guilty to a misdemeanor in the case, admitting to hoarding and price gouging in violation the Defense Production Act of 1950.
He admitted that, at the start of the pandemic in March 2020, he purchased about 100,000 KN95 facemasks and 25,000 surgical-style facemasks at $1 and 50 cents apiece and then offered them for sale at his Troy pizza restaurant and through a website for as much as 10 times his acquisition cost, prosecutors said.
He also admitted that his website falsely indicated that the KN95 masks were certified by the FDA, when the FDA does not “certify” masks, officials said.
Selcuk was also ordered to pay a $2,500 fine.
The case was investigated by Homeland Security Investigations with assistance from the U.S. Postal Inspection Service and was prosecuted by Assistant U.S. Attorneys Michael D. Gadarian and Joshua R. Rosenthal.
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