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23°
Wednesday, dec 4
Tag:
Milk & Honey Ventures
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COVID Mask Seller From Brooklyn Pleads Guilty To Gouging NJ Grocers At 400% Markup
A Brooklyn company admitted that it illegally made a killing off a New Jersey grocery store chain by selling it COVID masks during the pandemic at a 400% markup, federal authorities said. Milk & Honey Ventures and two partners bought 250,000 KN95 filtering facepiece respirators from a foreign manufacturer, U.S. Attorney Philip R. Sellinger said Tuesday, March 29. MHV had never sold personal protective equipment before, Sellinger said. The company and one its partners sold 100,000 of the masks to a chain of New Jersey grocery stores at $5.25 per mask -- far in excess of prevailing marke…