Troy businessman pleads guilty to hoarding and price gouging

ALBANY, N.Y. — A Troy business owner recently pleaded guilty to hoarding and price gouging in violation of the Defense Production Act of 1950 (DPA).
The announcement was made by Acting U.S. Attorney Antoinette T. Bacon and Kevin Kelly, Special Agent in Charge of the Buffalo Field Office of Homeland Security Investigations (HSI).
“ [Imran Selcuk, 35, of Troy,] saw the pandemic as an opportunity to rip off Capital Region residents and prey upon their fears,” Bacon stated.
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“He purchased thousands of masks from overseas and offered them for sale at highly inflated prices when masks were scarce and the pandemic had just started to take hold. This office will continue to work in coordination with the COVID-19 Hoarding and Price Gouging Task Force to prevent greedy profiteers from taking advantage of this emergency for illicit gain," Bacon explained.

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