Federal prosecutors have charged a New York businessman with hoarding personal protective equipment (PPE) and reselling those items at price levels much higher than what is deemed fair and reasonable.
The Justice Department announced on Friday that it had filed a criminal complaint against Amardeep Singh, also known as Bobby Singh, in a federal court for allegedly violating the Defense Production Act (DPA), which prohibits the accumulation of medical supplies and devices designated by Department of Health and Human Services (HHS) Secretary Alex Azar as scarce with the purpose to hoard them or sell them for exorbitant prices. The prosecutors say this is the first hoarding and price gouging case brought under this law across the country.
