A
real-estate agent in California is facing a misdemeanor charge for allegedly trying to take advantage of a couple who lost their home in the Eaton Fire. The investigation into Mike Kobeissi began when a complaint was filed with the state Department of Justice after the couple tried to rent a new home following Governor Gavin Newsom's emergency order, which protects fire victims from price gouging.

    The California Attorney General's office has sent over 500 warning letters to hotels and landlords accused of price gouging. The office is also pursuing multiple active investigations into similar cases.

    Kobeissi was charged with price gouging after allegedly raising the rental price for a home in La Canada Flintridge by more than 10% just days after Newsom issued the state of emergency declaration. The couple had applied to rent the home but decided against it when they were informed that the price would increase by 38%.

    Violators of California's price gouging statute can face up to one year in county jail and/or a fine of $10,000. They may also be subject to civil enforcement actions including fines and mandatory restitution.

    The public is encouraged to report possible price gouging incidents to the Attorney General's office or local authorities.