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Florida man pleads guilty in alleged medical equipment price gouging scheme
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Ocean Springs men sentenced to 7 years in prison, ordered to pay $16 3 million, in TRICARE fraud scheme
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New federal charges detail how Coast businessman exploited COVID fears across Southeast Anita Lee, The Sun Herald
Jan. 28 Sweeping federal charges against Ocean Springs businessman Kenneth Bryan Ritchey lay out in detail a conspiracy to snap up personal protective equipment and reap windfall profits during the early months of the COVID-19 pandemic at the expense of hospitals desperate to protect employees from the virus.
The indictment accuses Ritchey of working with 11 unnamed co-conspirators to buy and hoard PPE sold at inflated prices. He is accused of defrauding health care providers, including Veterans Affairs hospitals, of $1.8 million.
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Ocean Springs businessman hit with federal indictment for conspiracy, fraud involving PPE
Updated Jan 27, 2021;
GULFPORT, Mississippi Ocean Springs businessman Ken Ritchey has been indicted by a federal grand jury with multiple counts related to the hoarding of personal protective equipment and price gouging health care providers.
According to the U.S. Department of Justice, Ritchey was at the center of a $1.8 million scheme which included price gouging numerous U.S. Department of Veterans Affairs hospitals.
The justice department said Ritchey, 57, was charged with conspiracy to commit wire fraud and mail fraud, conspiracy to defraud the United States, conspiracy to commit hoarding of designated scarce materials and hoarding of designated scarce materials.