FUBU founder and Shark Tank investor Daymond John accused of trying to sell face masks to the state of Florida at a huge mark-up...
From The Miami Herald
The price would have been one of the highest the state would agree to pay for the highly coveted N95 protective mask: $7 a piece for 1 million masks.
The source of the offer had cachet and seemed legit. He was Daymond John, CEO of the Shark Group and one of the stars of the popular TV show “Shark Tank.” He said he could get them for Florida but the cost would be more than three times the market price for the masks, which normally sell for under $2 each.
Deals had been falling through for weeks and Jared Moskowitz, director of the Florida Department of Emergency Management, decided the state would pay any price to get them into the hands of desperate healthcare workers in COVID-19 hot zones in Florida.
“This was not somebody off the street, this was Daymond John,’’ Moskowitz said. “He came to me and said, ‘I’ve been in the clothing business. I have connections with factories in China.’ ”
