Now Playing
K99.1FM
On Air
No Program
Now Playing
K99.1FM

Posted: November 19, 2014

Report: Wal-Mart tricked into selling PS4's for just $90

By Mike Denison

Matching your competitors' prices tends to make customers happy.

But Wal-Mart may have found out the downside to that policy. 

CNBC reports that Wal-Mart announced that they would match online sellers' deals, including Amazon. With the PlayStation 4 console expected to be a hot seller, a few scammers got crafty.

Since anyone registered as an Amazon seller can easily make a legitimate-looking page, some scammers posted PS4's for sale for absurdly low prices -- $90 for a console that normally costs $400. They showed Walmart the fake pages, got store approval and walked home with a discount -- and then bragged about it on Twitter.

There are no reports of charges against the scammers so far. 

Read CNBC's full report

There are no comments yet. Be the first to post your thoughts. or Register.