Chicago medical supply company owner convicted of price-gouging masks at the beginning of pandemic

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Chicago medical supply company owner convicted of price-gouging masks at the beginning of pandemic
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A Winnetka, Illinois, medical supply company owner was convicted Friday of price-gouging N-95 masks at the beginning of the COVID-19 pandemic.

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Krikor Topouzian, 62, was the owner of Concord Health Supply in Skokie, Illinois. In his capacity as company president, he accumulated around 79,160 N-95 masks between March and April 2020 at around $5.08 a pop.

Despite this and despite warnings from friends, customers and law enforcement that his prices were too high, Topouzian sold the masks at prices as high as $19.95 per single mask, a markup of 185% to 367% per mask.

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Winnetka business owner convicted for price gouging N95 masksWinnetka business owner convicted for price gouging N95 masksA Winnetka business owner has been convicted of price gouging N95 masks during the COVID-19 pandemic, marking the price up 367% per mask in some instances.
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