Scammers used fake product listings to steal from Walmart

JMH

Emeritus, Contributor
Joined
Apr 2, 2012
Posts
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On November 13, US retailer Walmart announced that they will officially start matching the price for items which are also sold for a lower price by online retailers. Less than a week later, the price matching policy has been amended to exclude marketplace vendors, third-party sellers, auction sites or sites requiring memberships.

What actually happened?

Well, a few days after the announcement, the website of Sears, another big US retailer, was hit by a glitch that made Wii U and 3DS bundles listed for sale at a price three or four times lower than usual. Some quick-witted individuals misused this for getting the same price for the items at several brick-and-mortar chain stores (including Walmart), and bragged about it online.

As the glitch was fixed rather quickly, some fraudsters found a new way to pull off the same trick: they set up bogus online listings with low prices for the devices on Amazon, took a screenshot, then deleted the listings.
Scammers used fake product listings to steal from Walmart
 

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