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Defense Production Act

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Fed Judge Fines NJ Firm $67,668 For Jacking Up Price Of N95 Masks By 400% Fed Judge Fines NJ Firm $67,668 For Jacking Up Price Of N95 Masks By 400%
Fed Judge Fines NJ Firm $67,668 For Jacking Up Price Of N95 Masks By 400% A Mahwah-based company that admitted selling N95 protective masks at a 400% markup to a grocery store chain at the beginning of the pandemic was fined $67,668 by a federal judge. TSC Agency LLC -- a logistics and freight forwarding company located off southbound Route 17 near the State Line Diner -- will also remain on probation for a year under the terms of a plea deal with the government, U.S. Attorney Philip R. Sellinger said on Tuesday, April 26. TSC and two partners bought 250,000 of the filtering facepiece respirators at $1.09 apiece mask from a foreign manufacturer in mid-March 2020…

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by Jerry DeMarco
News
Feds: Price-Gouging NJ Company Admits Giving ‘Mask Up’ New Meaning Feds: Price-Gouging NJ Company Admits Giving ‘Mask Up’ New Meaning
Feds: Price-Gouging NJ Company Admits Giving ‘Mask Up’ New Meaning Representatives of a Mahwah-based company admitted selling N95 protective masks at a 400% markup to a grocery store chain at the beginning of the coronavirus pandemic, federal authorities said. TSC Agency and two partners bought 250,000 of the filtering facepiece respirators at $1.09 apiece mask from a foreign manufacturer in mid-March 2020, Acting U.S. Attorney Rachael Honig said. TSC then sold 100,000 of the masks to the unidentified chain for $5.25 each, violating federal price-gouging laws, she said. The logistics company – located on Lethbridge Plaza off southbound Route 17 near the S…

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by Jerry DeMarco
Police & Fire
Feds: Jersey Shore Used Car Dealer Tried To Sell Masks To NYC At 400% Markup In $45M Scheme Feds: Jersey Shore Used Car Dealer Tried To Sell Masks To NYC At 400% Markup In $45M Scheme
Feds: Jersey Shore Used Car Dealer Tried To Sell Masks To NYC At 400% Markup In $45M Scheme A Jersey Shore used car dealer tried to sell desperately-needed personal protective equipment to New York City officials at a 400% markup as part of a $45 million COVID-19 price-gouging scheme, federal authorities charged. Ron Romano, 58, of Manalapan also tried to sell some of the same 3M-brand N95 masks to Florida emergency management officials at a nearly 500% markup during the pandemic’s height, they said Tuesday. Romano not only wasn’t licensed to sell the masks – he didn’t have any, Manhattan U.S. Attorney Geoffrey Berman said. Romano, who owns Roman Chariot Auto Sales in Manalapan, …

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by Jerry DeMarco
Police & Fire
Feds: 192,000 Respirator Masks, More Seized From Black Market Dealer Sent To NJ, NY Front Lines Feds: 192,000 Respirator Masks, More Seized From Black Market Dealer Sent To NJ, NY Front Lines
Feds: 192,000 Respirator Masks, More Seized From Black Market Dealer Sent To NJ, NY Front Lines A total of 192,000 N95 respirator masks and other personal protective equipment seized from a black market dealer busted by the FBI is being sent to the front lines of the fight against the coronavirus in New Jersey and New York, federal authorities announced Thursday. The distributed equipment also includes 130,000 surgical masks, procedure masks, N100 masks, surgical gowns, disinfectant towels, particulate filters, bottles of hand sanitizer, and bottles of spray disinfectant, they said. The equipment was seized from Baruch Feldheim, 43, who federal authorities said had enough black market…

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by Jerry DeMarco