A Georgia man will spend nearly six months in jail after admitting trying to sell more than $ 300 million worth of N95 face masks, according to federal prosecutors that was for one foreign government not

The verdict came after Paul Penn, 64, of Johns Creek, Ga., pleaded guilty to conspiracy to commit wire fraud against Bobby L. Christine, the US. Attorney for the southern district of Georgia said in a statement Tuesday a judge also fined Penn 1$ 500 and ordered him to serve three years probation

“This case should act as a strong deterrent for those considering taking advantage of the Covid-19 pandemic to get rich through fraud,” said Glen M Kessler, the resident agent in charge of the Secret Service Savannah Office, said

Penn worked with unnamed co-conspirators through his company Spectrum Global Holdings LLC to act as an agent in the sale of 50 million 3M Model 1860 respirators to a foreign government, according to Christine’s office

Penn didn’t even have the masks to sell, but he was supposed to act as a broker for the sale price of $ 317 million in exchange for a cut, court records show that the price he quoted was 500 percent higher than normal market value for N95- Masks

The overseas government sent the money to complete the purchase All funds were returned after the US The Secret Service interrupted the transaction

“If not for the vigilance of the US. The secret service Paul Penn and his co-conspirators would have likely set the fuse on an international scandal by pulling a friendly foreign government for more than 300 million dollars, “said Christine.” Instead, they stopped the program before the criminals got a cent, and prevented these crooks from profiting from the pandemic fear ”

Efforts to reach Penn by phone at the numbers listed for his home and business on Thursday have been unsuccessful


World News – AU – Georgia man convicted after attempting to sell 50 million non-existent N95 masks to a foreign government

Source: https://www.nbcnews.com/news/us-news/georgia-man-sentenced-after-trying-sell-50m-nonexistent-n95-masks-n1256698