Federal Authorities Charge Santa Rosa Attorney with Conspiring to Sell Medical Masks at Inflated Prices
“Federal authorities in New York have charged a Santa Rosa attorney with conspiring to sell one million protective masks in short supply during the coronavirus pandemic at a steep markup, in violation of the Defense Production Act invoked by President Donald Trump,” reports Kerry Benefield in The Press Democrat.
“Kent Bulloch, 56, of Santa Rosa, and William Young Sr., 64, of Arizona, are accused in a criminal complaint unsealed Tuesday in Brooklyn of attempting to sell the masks at prices inflated by as much as 50%, according to a complaint filed by federal prosecutors in New York. Bulloch was arrested in Santa Rosa on Monday night.”
“Bulloch and Young allegedly sought investors to sell one million KN95 respirator masks at double or triple their purchase price, according to the complaint. Bulloch allegedly tried to conceal the markup and the scheme by creating an escrow agreement that falsely stated the profits would not exceed the federal limit of 10%, according to the complaint.”
