Texas business profiting from the disaster, shamelessly inflating the price of commodities

Texas business profiting from the disaster, shamelessly inflating the price of commodities

While hundreds of thousands of concerned Americans collect humanitarian aid for victims of natural disasters in Texas, local businesses are cashing in on their own countrymen.

Outraged residents of the affected towns reported the godless speculation on prices. The greed of the owners and employees of certain retail outlets exceeds all limits.

Texas business profiting from the disaster, shamelessly inflating the price of commodities

So, one of the residents of Houston have published a photo taken in store Best Buy. In the picture — bottled water at $43 for a pack of 24 half-liter bottles.

One Houston resident sent me a pic of water he saw being sold for *$42* at a nearby Best Buy. They were kind enough to offer $29 bottles too pic.twitter.com/8dKz3sJJM1

— ken klippenstein (@kenklippenstein) August 29, 2017

In Vest Visa apologized for the incident, citing the incident a mistake, which allegedly occurred only in one store. In an official statement, assured the company that sells bottled water in bulk, and in this case, the price was inadvertently multiplied by the number of bottles.

Unfortunately, this is not an isolated case. As of Wednesday morning in the office of the Texas attorney General Ken Paxton received about 684 complaints in which people have reported speculation on the price of commodities, which is forbidden by Texas law.

$20 for a gallon of gasoline and $99 for the package of water — about such flagrant violations of the pricing said the press Secretary of the Prosecutor General Kali Lovorn edition AVS.

With unreasonably high prices encountered during the journalistic investigation and the publication KXAN: the hotel Best Western Plus him tried to take a triple room fee: the room, which on average should cost $119, he wanted to pass for $289.99.

Ken Paxton is calling on residents to Texas be sure to report such cases by number 800-621-0508 or via e-mail [email protected]

Violators will bear the legal penalty of a fine of $20 000 for each incident. If the victim’s age exceeds 65 years, the amount of penalty will increase to $250 000.

 

 

 

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