Texas Attorney General Just Issued an Ultimatum to Price Gougers in Flood Emergency

The Texas Attorney General has received hundreds of complaints of price gouging of essential goods like water since Harvey made landfall in the Southeastern part of the state over the weekend.

Among the more than 500 complaints Attorney General Ken Paxton’s office has received include reports of $99 for a single case of water, $10 per gallon of gasoline and hotels tripling their prices, Paxton told CNBC‘s Closing Bell.

In the wake of this greed, he warns gougers, “we’re going to find you.  Once we find you we are going to pursue you, so stop. It’s better to stop than be found out,” and has promised a crackdown.

Even large corporations like Best Buy, Home Depot and Exxon were in on the act, charging exorbitant amounts for cases of water.

“The Office of the Attorney General currently has received 550 complaints and 225 emails sent to an emergency address set up for consumers, and more are coming in pretty consistently,” Kayleigh Lovvorn, a media relations official at the Texas Attorney General, told Grit Post, adding that there would also likely be price gouging for home repair and construction services as well.

Texas state law defines price gouging as a false, misleading or deceptive act or practice to take advantage of a disaster declared by the Governor through the sale of leasing fuel, food, medicine or another necessity at an exorbitant or excessive price.

As one Houston resident demonstrates in a Facebook video, price gouging can be done by businesses or individuals who buy up goods of necessity and resell them at much higher prices on their own.

Why no one can find water. Sickens my stomach. I had to stop

Nai-post ni Marcus Griffin noong Biyernes, Agosto 25, 2017

Paxton told FOX News during an interview that price gouging carries a $20,000 fine, but price gouging a senior citizen can lead to fines of $250,000.