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Walmart closes $90 PS4 price-matching loophole

Reddit and Twitter users posted pictures of receipts showing how they obtained PlayStation 4 consoles for well under the retail price by showing fraudulent Amazon listings for price-matching.

By Ben Hooper
A Walmart store in Paramount, California. (UPI/Jim Ruymen)
A Walmart store in Paramount, California. (UPI/Jim Ruymen) | License Photo

BENTONVILLE, Ark., Nov. 20 (UPI) -- Walmart announced it has closed the loophole that allowed scammers to use fraudulent Amazon listings to get PlayStation 4 consoles for as little as $50.

The retail giant announced Nov. 13 it would price-match online retailers including Amazon.com for goods including the PlayStation 4, but Walmart said Thursday the policy has been updated after customers posted on Reddit and Twitter to brag about how they set up fake Amazon listings to buy the $400 video game consoles for as little as $90.

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Walmart said the policy no longer includes marketplace vendors, auction sites, third-party sellers or members-only sites.

"We can't tolerate fraud or attempts to trick our cashiers," the Walmart statement read. "This kind of activity is unfair to the millions of customers who count on us every day for honest value."

Some Twitter users posted pictures indicating individual Walmart stores had caught on to the scheme prior to the policy change.

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