JACKSON, MS (WLOX) - Rajinder Singh, 50, of Madison was arrested Wednesday on a charge of price gouging during a state of emergency, according to Attorney General Jim Hood's Office.
Singh's arrest stems after he allegedly raised his gas prices 17 cents over his usual profit margin.
According to the Attorney General's Office, a business owner cannot increase their average profit margin on products once the governor issues a disaster declaration with a price gouging prohibition. The business owner can increase their prices once the executive order is rescinded.
This week, hundreds of people have contacted the Attorney General's Office about price gouging primarily of gasoline. The price gouging prohibition covers other products like bottled water and hotel rooms.
Several investigators with the attorney general's office have been dispatched across the entire emergency impacted areas. More arrests are expected.
This case is being investigated by Richie McCluskey and Bo Luckey and will be prosecuted by Special Assistant Attorney General Patrick Beasley of the Attorney General's Consumer Protection Division.
Singh was booked into the Hinds County Detention Center. His court date has not been set yet.