Scammers used fake product listings to steal from Walmart
Posted on 24 November 2014.
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.