Brothers Accused Of Price Gouging Medical Supplies Face State Probe - News Summed Up

Brothers Accused Of Price Gouging Medical Supplies Face State Probe


Two brothers accused of profiting off of coronavirus fears by buying up thousands of bottles of hand sanitizer and medical masks to resell at inflated prices have been ordered to halt operations amid an investigation by the Tennessee Attorney General’s Office. Matt Colvin and Noah Colvin of Hixson, Tennessee, were served a complaint from the AG’s office on Saturday shortly after they showed off their incredible stash of goods to media outlets. Colvin said he doesn’t believe what he was doing was price gouging, in part because alcohol-based hand sanitizer is expensive to ship, since it is considered a hazardous material. “Just because it cost me $2 in the store doesn’t mean it’s not going to cost me $16 to get it to your door,” Colvin told the Times. WRCB Matt Colvin stands with medical supplies that he said he purchased from stores in Tennessee and Kentucky to sell online for a profit.


Source: Huffington Post March 15, 2020 22:42 UTC



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