Georgia Man Allegedly Sold $ 317 Million Worth Coronavirus Face Masks Which Never Existed

Introduction


A Georgia man attempted to trade $317 million valued coronavirus masks which never existed. Now the man named Paul Penn is facing charges for attempting to sell the coronavirus masks to the unnamed foreign government. Penn and his partners settled the deal around March and April to trade the coronavirus masks.


Federal Authorities Caught The Fraud 


The sellers who were in a deal with the Foreign Government to provide the shipment of coronavirus face masks urged the foreign government to send $317 million to a bank account. But luckily, the U.S. Secret Service interrupted in the deal before the sale was settled.


Now, only one person who is Paul Penn is arrested and charged in the case, and there are also two or more people who were also part of the fraud, as per the U.S. Attorney’s Office for the Southern District of Georgia. The fraud man, Penn, was acting as a middleman through his firm Spectrum Global Holdings in exchange for his commission.


Charges And Punishments


Paul Penn is now in the custody of the police, and he will face 20 years in prison if he convicts on the charges, as per documents registered by federal prosecutors in U.S. District Court on Thursday.


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