Since COVID-19 pandemic started to scare the world, profiteers have been pandemic too!
Many have tried to take advantage even in difficult times, this guy from Chattanooga, Tennessee admit in a New York Times interview. Brothers Matt and Noah Colvin bought up all of the hand sanitizer and antibacterial wipes after the first U.S. coronavirus death that was reported March 1, with the intent to resell them at a profit as public panic started.
Matt Colvin reportedly told the Times, revealing that his first 300 bottles of hand sanitizer was immediately sold for $8 and $70 apiece - multiple times higher than the original price he had paid for the items.
But Amazon and eBay pulled his items as online platform are cracking down on sellers for price gouging. Shocked Colvin brothers realized that they had haul over 17,000 hand sanitizers, with not a single item to sell them out.
“It’s been a huge amount of whiplash. From being in a situation where what I’ve got coming and going could potentially put my family in a really good place financially to ‘What the heck am I going to do with all of this?’” he admitted.
“If I can make a slight profit, that’s fine,” he said. “But I’m not looking to be in a situation where I make the front page of the news for being that guy who hoarded 20,000 bottles of sanitizer that I’m selling for 20 times what they cost me,” Colvin said in a report.
Amazon and eBay were were praised for cracking down on profiteers.
This f*cking asshole drove around small towns and bought up all their hand sanitizers and now he can’t sell them because Amazon and EBay said no. That’s EXACTLY what he (and others like him) gets. https://t.co/FeS5yKztHD— Perma-Bitchfaced and Unbothered (@OverlySarcasmic) March 14, 2020
This jackass went and bought up all the hand sanitizer, wanting to profit off of supply mayhem that he helped to create.— BrooklynDad_Defiant! (@mmpadellan) March 14, 2020
Now Amazon and eBay won't let him. Good.
Let this be a lesson: DON'T BE AN ASSHOLE. Leave some sanitizer for the rest of us. https://t.co/45bPHe0sYK
The government should confiscate it all and distribute it freely. I could see a small profit but doing it to take advantage and contributing to the shortage... Shame on him.— Mrs Myers (@Mari_NYCtoCLE) March 14, 2020
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