E-Commerce President Faces 10 Years in Prison for Alleged Price Fixing Scheme
An e-commerce company president pleaded guilty to “conspiring to fix prices for customized promotional products sold” to online U.S. customers, DOJ said Thursday. Gennex Media President Akil Kurji and co-conspirators agreed to fix prices as early as May 2014 until…
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at least June 2016, Justice said. He faces 10 years in prison and a $1 million fine, and 11 defendants have been charged for illegal activity associated with products like wristbands, lanyards, temporary tattoos and buttons. “Kurji and his co-conspirators used social media platforms and encrypted messaging applications, such as Facebook, Skype, and Whats[A]pp, to reach and implement their illegal agreement,” Justice said.