Businessman Charged in Scheme to Hoard Personal Protective Equipment and Price Gouge Health Care Providers Details Written by IVN
Jackson, Mississippi - A Mississippi businessman was charged with defrauding the United States and other health care providers in a $1.8 million scheme related to acquiring and hoarding personal protective equipment (PPE) and price gouging health care providers, including numerous U.S. Department of Veterans Affairs (VA) hospitals in critical need of PPE.
Nicholas L. McQuaid, Acting Assistant Attorney General of the Justice Department’s Criminal Division, Darren J. LaMarca, Acting U.S. Attorney of the Southern District of Mississippi, Michelle A. Sutphin, Special Agent in Charge of the FBI’s Jackson, Mississippi Field Office, Jeffrey A. Breen, Special Agent in Charge of the VA Office of Inspector General (OIG) South Central Field Office, and Jack Stanton, Acting Special Agent in Charge of U.S. Immigration and Customs En
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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, Mississippi (WAPT) An Ocean Springs businessman is facing charges of defrauding the United States and other health care providers in a $1.8 million scheme related to acquiring and hoarding personal protective equipment as well as price gouging health care providers, including the Department of Veterans Affairs.
Kenneth Bryan Ritchey, 57, was charged in an indictment in the Southern District of Mississippi 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, according to the indictment documents.
The indictment alleges that after the first case of COVID-19 was confirmed in the U.S., Ritchey hoarded personal protective equipment by buying from all possible sources, including home improvement stores and online retailers.
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