July 5, 2025 Breaking News, Latest News, and Videos

Santa Monica Spa Owner Pleads Guilty to Hoarding and Price Gouging N95 Masks

Niki Schwarz of owner of Tikkun Holistic Spa pleads guilty to one misdemeanor count of hoarding and price gouging

By Sam Catanzaro

A Santa Monica spa owner has pled guilty to hoarding and price gouging N95 masks.

On Tuesday, Santa Monica resident Niki Schwarz, owner of Tikkun Holistic Spa at 1460 4th Street, pled guilty in Los Angeles federal court to one misdemeanor count of hoarding and price gouging. The crime carries a statutory maximum sentence of one year in federal prison.

In an October plea agreement, Schwarz admitted that in February she began accumulating N95 respirators in anticipation of a shortage that would be caused by COVID-19. According to the U.S. Attorney’s Office, from the beginning of February until the end of June, Schwarz accumulated nearly 20,000 N95 masks that had been manufactured by 3M (list price ranging from $1.02 to $1.27) and Alpha Pro (list price of 86 cents).

In March, the United States government designated N95 respirators as “scarce materials” under the Defense Production Act of 1950 due to the overwhelming need of health care providers dealing with COVID-19 patients to use personal protective equipment.

Schwarz admitted that she obtained the N95 respirators for the purpose of reselling them at above-market rates, and that she sold the masks for up to $15 each.

Schwarz “accumulated and resold the masks at prices in excess of the prevailing market prices willfully, that is, with knowledge that masks had been designated as scarce materials and with knowledge that accumulation of the designated materials to resell in excess of prevailing market prices was unlawful,” according to the plea agreement.

On March 1, an associate informed Schwarz that the associate was going to stop selling N95 masks because she believed it was crime – and that price gouging could result in one year in prison – but Schwarz continued to sell the masks at inflated prices.

in News
<>Related Posts

Hama Sushi Hosts Weekly Music and Comedy Open Mics

July 5, 2025

July 5, 2025

The venue, a Venice Beach staple since 1979, has recently expanded its legendary happy hour to the entire patio Hama...

Connections Breakfast to Network Local Business Professionals in Malibu

July 5, 2025

July 5, 2025

The event, sponsored by Malibu Country Mart, will feature a breakfast mixer where attendees can meet new contacts  A Connections...

12th Annual Gopher Scramble Golf Tournament to Benefit Venice Heritage Museum

July 5, 2025

July 5, 2025

The museum opened to the public in March 2024 at the Main Street Design Center with its inaugural exhibition, “This...

Michael Madsen, Star of Reservoir Dogs and Kill Bill, Dies at 67 in Malibu

July 4, 2025

July 4, 2025

Actor Remembered for His Intense Performances and as a Poet  Actor Michael Madsen, known for his distinctive gravelly voice and...

Ruskin Group Theatre to Stage ‘The Fantasticks’

July 4, 2025

July 4, 2025

A timeless tale of young love and life’s bittersweet beauty, the show is reimagined with modern flair for contemporary audiences...

Film Review: F1: The Movie

July 4, 2025

July 4, 2025

FILM REVIEWF1: THE MOVIERated PG-13155 MinutesReleased June 27th F1: The Movie will envelop you in a racecar. You will be...

Big Blue Bus Launches Prohibition Order Program to Bolster Safety

July 4, 2025

July 4, 2025

The orders, which can range from 30 days to one year, target offenses that threaten the safety and comfort of...

Col. Eric Swenson Honored by LA for Historic Debris Removal Effort

July 3, 2025

July 3, 2025

Swenson, with a distinguished military background including a Ph.D. and multiple master’s degrees from Penn State and other institutions, has...

(Video) A visit to New York Bagel & Deli in Santa Monica

July 3, 2025

July 3, 2025

Authentic NY Style Bagels with Extra Creamy Cream Cheese and Multi-Cultural Desserts. Located at 2216 Wilshire Blvd. A visit to...

(Video) Legacy, Reimagined: Architecture, Design & Construction by Home Front Build Los Angeles

July 2, 2025

July 2, 2025

Go To Homefrontbuild.com For More Information @home_front_build Legacy, Reimagined: Architecture, Design & Construction by Home Front Build Los Angeles. Go...

(Video) Gladstone’s Malibu Prepares for Reopening after Surviving Palisades Fires

July 2, 2025

July 2, 2025

With One Half of its Structure Slightly Charred and Undergoing Repairs, Gladstone’s Malibu is Reopening its Patio Space Just in...

Santa Monica Public Library Launches Community Mapping Survey

July 2, 2025

July 2, 2025

The initiative aims to shape the library’s programs and services to better meet community needs, fostering an inclusive and accessible...

Third Street Promenade Loses Bibibop Asian Grill

July 2, 2025

July 2, 2025

Bibibop opened at the Santa Monica location in 2017 after taking over a former ShopHouse space Bibibop Asian Grill, a...

Proposed Rebuilding Authority for Wildfire Recovery Sparks Local Control Debate

July 2, 2025

July 2, 2025

Plan Aims to Streamline Rebuilding but Raises Questions Over Community Input A proposed “Resilient Rebuilding Authority” to oversee recovery from...

Pentagon Orders Troop Drawdown in LA: 150 National Guard Members Reassigned to Wildfire Duty

July 2, 2025

July 2, 2025

Federal Forces Begin Partial Withdrawal From Protest Response as California Leaders Push Back U.S. Northern Command announced Tuesday that 150 National Guard...