Greg's Corner

Tagged: price gouging Toggle Comment Threads | Keyboard Shortcuts

• 

  Geebo 9:00 am on January 18, 2022 Permalink | Reply
  Tags: counterfeit goods ( 12 ), covid-19 ( 48 ), face masks ( 2 ), price gouging, Scams ( 1,224 )   

  Masks subject to price gouging and counterfeiting again 

  

  By Greg Collier

  With the new variants that COVID-19 seems to keep producing, many states have reinstituted mask mandates. According to the FDA and the Mayo Clinic, masks can not only help you from catching COVID-19, but helps prevent the transmission of COVID-19 as well. Along with preventative handwashing and getting vaccinated, masks are an essential part of trying to curb the tide of COVID-19 infections. But with the rise of demand for masks, scammers and bad actors are looking to prey on those who want to have a part in stopping the spread of COVID-19.

  According to the Better Business Bureau, 60% of KN95 masks sold in America are counterfeits. KN95 masks are one step below the N95 surgical masks that are used by medical professionals, but are still effective in reducing the spread of COVID-19. Many of these counterfeit masks are sold on websites that may not be the most reputable. A good way to tell if the retailer is questionable is the quality of pictures they use. If pictures of the masks are blurry or of a low resolution, there’s a good chance that the masks will be fakes, if you even receive the masks at all.

  Other retailer may decide to raise the prices of masks to an astronomical amount due to the demand. This is known as price-gouging and may be illegal in the retailer’s state if the retailer is in the US.

  When buying from an unknown retailer, it’s always good advice to do a web search of the retailer’s name along with the words ‘complaint’ or ‘scam’. Legitimate masks should also have the manufacturer’s name, logo, and model number printed on the mask.

   

  Leave a ReplyCancel reply
• 

  Geebo 8:00 am on August 30, 2021 Permalink | Reply
  Tags: Gulf Coast, hurricane ( 4 ), hurricane ida, natural disasters ( 17 ), price gouging, Scams ( 1,224 )   

  Price gouging, a concern in wake of hurricane 

  

  By Greg Collier

  With Hurricane Ida touching down in Louisiana, states of emergency have been declared in several Gulf Coast states. Typically, when a state of emergency is declared, laws go into effect that are designed to prevent price gouging. This is when vendors overcharge for products or services in order to maximize profit during a crisis. Historically, you might have seen gas stations and motels charging outlandish prices leading up to or in the wake of a hurricane. Some hardware and grocery stores have also been offenders of this practice in the past.

  Thanks to consumer protection laws in most storm-prone states, price gouging isn’t as much of a problem as it used to be. That’s not to say it still doesn’t happen. For example, if you were to travel to a state that’s not in a state of emergency to ride out the storm, you might encounter price gouging in the safe location. That’s also not to say that some vendors in the emergency areas won’t defy state law and try to gouge customers anyway.

  If you do happen to encounter price gouging, be sure to document it as well as you can. You can then report it to either the local police or the state’s Attorney General’s office. Some states even have price gouging hotlines that you can call if you’ve been victimized by a vendor. A quick web search should show you where price gouging can be reported in your area.

  We hope everyone who is living in the affected storm areas stays safe.

   
• 

  Geebo 8:00 am on June 9, 2021 Permalink | Reply
  Tags: charity scam ( 32 ), contractors ( 8 ), hurricanes, natural disasters ( 17 ), price gouging, Scams ( 1,224 )   

  How hurricane season scams could affect you 

  

  By Greg Collier

  With the hurricane season just underway, there are expected to be up to 20 named storms in the Atlantic this year. While not all of the named storms will make landfall, there is still potential for storm related damage to affect those in hurricane-prone areas. If the devastation from the storms aren’t bad enough, damaging storms can also bring all sorts of scammers out of the woodwork. Some of these scams can affect you even if you don’t live in the storm-ravaged area.

  If you do live in the storm area, you have to be aware of scam contractors. These are scammers claiming to be contractors who offer help to repair your home. According to the Better Business Bureau, these phony contractors travel from storm to storm, looking for victims. They’ll claim to be licensed, but they may not be licensed in your state. You should only deal with contractors that are licensed in your state. Another good way to avoid this scam is to get estimates from a few contractors. Also, you should never pay in advance as that could be an indication of a scam.

  Another act of fraud that almost inevitably happens with natural disasters is price gouging. This is when businesses will start charging outrageous prices for items or services that are in demand during a crisis. One of the biggest areas of price gouging comes from hotels when people are trying to find emergency lodging. Not only could this price gouging happen in your area, but it could also happen in areas not affected by the storm as shady proprietors could be expecting an influx of people escaping the storm.

  There are also charity scams to look out for. After every major storm, scammers will start posing as charities looking to pressure you into making a donation to them. These phony charities will often have generic sounding names like ‘Storm Relief Fund’ for example. If you want to financially help those affected by the storm it’s always a safe bet to donate to the Red Cross. You can also check the Better Business Bureau’s Give.org to see if the charity you want to donate to is legitimate or not.

  Even if you don’t live in a hurricane-prone area, the area you live in probably has its own share of natural disasters. Whether it’s blizzards, floods, wildfires, tornadoes, or what have you, these scams will move into your area if a natural disaster occurs.

   
• 

  Geebo 9:00 am on February 19, 2021 Permalink | Reply
  Tags: FEMA ( 9 ), hotel scam ( 5 ), price gouging, Scams ( 1,224 ), texas ( 22 ), winter weather ( 6 )   

  More cold weather scams to be aware of 

  

  By Greg Collier

  When we think of natural disasters, we normally think of things like hurricanes, tornadoes, floods, and earthquakes. However, the current brutal winter conditions that a large part of the country are currently enduring is also a natural disaster. As such, the current climate crisis is bringing scammers out of the woodwork. We’ve already touched upon how scammers are using the power outages to steal your information or gain access to your home, but other scams are starting to emerge as well.

  In Texas, where residents have been the hardest hit by the cold, FEMA is warning residents about a scam propagating on social media. In this scam, fake social media accounts are posing as FEMA and are listing a phone number for residents to call so they can be provided with a free hotel room. As of the time of this writing, FEMA is not providing any hotel room assistance, however, they are providing other emergency services to the Lone Star State. FEMA hasn’t stated what the purpose of this scam is, but one could assume it’s designed to steal your identity, money, or both.

  While Texas is feeling the brunt of the current weather situation, other states are dealing with the record-breaking weather as well. States in The Great Plains and Midwest are also dealing with rolling blackouts, just not on the level of Texas. Like any other natural disaster, this has the potential for some retailers and lodgings to start price gouging. Most states have laws preventing vendors from excessively raising their prices during a time of crisis. If you encounter price gouging, it’s recommended that you document the incident and report it to the state’s Attorney General office. Price gouging can also happen where an emergency has not been declared, so be on the lookout for that if you’re leaving your current state for a neighboring state that may not be going through the same crisis.

   
• 

  Geebo 9:00 am on March 5, 2020 Permalink | Reply
  Tags: coronavirus ( 40 ), medical scams ( 21 ), phishing ( 73 ), price gouging, Scams ( 1,224 )   

  Coronavirus scams are as bad as the disease 

  

  The coronavirus crisis has not gotten any better over the past few weeks. Tragically, it has claimed more lives and more cases are being reported every day. The crisis has created such a climate of fear that scammers have tried to seize every opportunity to take advantage of that fear. It’s gotten so bad that Amazon has removed one million products that made false coronavirus claims and Facebook has cracked down on misleading ads about coronavirus. This is not something that either of these companies does lightly. Just about every State Attorney General has also warned their constituents to wary of scams related to the outbreak.

  When we first discussed coronavirus scams, we discussed phishing attacks that are used to infect your device with malware. Those phishing attacks have become more sophisticated as many of them are now trying to disguise their emails as coming from places like the World Health Organization or the Centers for Disease Control. A great way to tell that these emails are fake is checking the email address it was sent from. If it’s from the WHO the email address would end in who.int while the CDC’s would end in cdc.gov. You should also always hover your cursor over any links contained in the email to see exactly where the links may take you. The odds are they’ll take you to a site infested with malware or one designed to try to steal your personal information.

  [youtube https://www.youtube.com/watch?v=bcDoiSgrrzI%5D

  We’ve also previously discussed how con artists from all over the world are trying to sell snake oil cures. Again, as of the time of this post, there is no vaccine or cure for the coronavirus. Anyone who is trying to tell you otherwise is either woefully misinformed or trying to sell you something that is at best a placebo and at worst toxic and dangerous.

  Much like when a natural disaster occurs, price gouging is also being committed for legitimate supplies that will be useful if everyday services become disrupted. Bottled water is one of those items as are surgical masks. Speaking of the masks, you shouldn’t be going out to buy a crate of masks unless advised by a medical professional. Surgical masks are designed to keep the wearer from spreading any infection and doesn’t prevent wearers from getting one. Not only that, but there are also counterfeiters who are selling bogus masks that don’t do anything at all. There have also been reports that bogus websites have been popping up claiming to sell masks and other items that aren’t selling anything at all. Instead, they’re just stealing your financial information.

  Even the greedy among us are being scammed by buying into phony investments that promise a return when you supposedly invest in companies that will supposedly cure the virus. On the flip side, the charitable among us are at risk as well as many scammers will be posing as charities that either claim to be researching a cure or helping those affected by the disease. Always carefully research any charity you think is worth donating to.

  For more information please check the Federal Trade Commission’s website about coronavirus scams.

  As always, if you want to keep abreast of the ever-changing situation please go to the websites for the World Health Organization, or the Centers for Disease Control.

   
• 

  Geebo 7:10 am on August 29, 2019 Permalink | Reply
  Tags: florida ( 30 ), Hurricane Dorian ( 3 ), price gouging   

  State launches price gouging app ahead of hurricane 

  

  Hurricane Dorian is expected to make landfall in Florida as a Category 3 hurricane within the next few days. Governor Ron DeSantis has already declared a state of emergency in preparation for the potentially devastating storm. Whenever a hurricane is expected residents in the affected area will always be in a mad scramble for supplies and lodging that they might need during the emergency. Unfortunately, this can lead to price gouging with some vendors and hotels as they may look to take advantage of the situation. However, the Sunshine State has taken steps to try to combat price gouging.

  [youtube https://www.youtube.com/watch?v=LuJO1m–nhU%5D

  The Florida Attorney General’s Office has released a smartphone app called ‘No Scam’ that is designed to help Florida residents to report price gouging. The app is available on both Apple and Android phones. The app will allow residents to add pictures and copies of receipts from their phone speeding up the reporting process. Florida takes price gouging very seriously as those caught artificially inflating prices can be fined $1,000 per infraction and can be fined up to $25,000 in a 24 hour period.

  For whatever reason, if the app were to give you any kind of trouble you can still report price gouging to Florida’s Price Gouging Hotline at 1-866-966-7226, or their website at myfloridalegal.com. It is recommended that you either keep your receipt or take a picture of the inflated charge before submitting a report.

   
• 

  Geebo 9:07 am on September 12, 2018 Permalink | Reply
  Tags: Hurricane Florence ( 2 ), north carolina ( 15 ), price gouging, south carolina ( 5 ), Virginia ( 9 )   

  Price gouging a real concern during a hurricane 

  

  With the impending arrival of Hurricane Florence looking to be a storm of a lifetime event in the Mid-Atlantic, three states have declared states of emergency. Those states being South Carolina, North Carolina, and Virginia. The hurricane is expected to make landfall in one those states later this week. To make matters worse, whenever a hurricane is set to hit an area, there are usually those whose intent is to make a king’s ransom of profit over helping those in need during a time of crisis.

  Price gouging is when a merchant or lodging provider charge an exorbitant amount for their goods or services during a crisis when need is in high demand. Thankfully, the three states mentioned, all have laws in place to prevent price gouging when a state of emergency has been declared. With so many people looking for supplies, fuel, or alternative lodging, it’s refreshing to see governments looking to make sure that people in need aren’t being taken advantage of.

  However, that doesn’t mean that price gouging won’t occur. For example, if you were to leave the area where an emergency has been declared, you may be at the mercy of an unscrupulous vendor. If you live in South Carolina and evacuate to Georgia, where a state of emergency has not been declared, you may see an exorbitant price increase for food, gas, and lodging. If you are in a state that has declared an emergency some vendors may still take to price gouging in defiance of the law. If that is the case, these articles from North Carolina, South Carolina, and Virginia all have the information you need to contact the proper authorities.

  To everyone who is facing the wrath of this potentially devastating storm, please stay safe.

   
• 

  Geebo 10:10 am on September 11, 2017 Permalink | Reply
  Tags: florida ( 30 ), Hurrican Irma, price gouging   

  Florida suffers price gouging in wake of Hurricane Irma 

  

  Before Hurricane Irma even made landfall in Florida, the state Attorney General’s office received over 8,000 complaints about price gouging. In what has unfortunately become the norm during natural disasters, some retailers took it upon themselves to raise the prices on such necessities as gas, food, water and lodging. Some reports have indicated that some gas stations in the affected area raised their prices to $8 a gallon during the evacuation period. While some may call this just a simple case of supply and demand, price gouging like this is illegal in Florida and the Attorney General has been serious about fining infractions.

  Violators can be fined $1,000 per infraction and can be fined up to $25,000 in a 24 hour period. Now, with the devastation in the area becoming even more widespread, price gouging is even expected to rise. The way the state determines price gouging is that they compare prices from 30 days prior to the date of the infraction and see if the price has been raised in an outrageous fashion.

  If you feel a retailer is taking advantage of the Hurricane you can report them to the state’s Price Gouging Hotline at 1-866-966-7226, or their website at myfloridalegal.com. It is recommended that you either keep your receipt or take a picture of the inflated charge before submitting a report.