NBI warns profiteers, busts P10M overpriced goods

The National Bureau of Investigation (NBI) has warned profiteers against selling overpriced healthcare products during the enhanced community quarantine.

NBI agents arrested store staff in Sta. Cruz, Manila, and seized 1,360 thermal scanners and 7,680 face masks worth over P10 million.

The thermal scanners were being sold at P8,000 each, an eight-fold increase from their original price of P1,000.

Charges are being prepared against the store owner and staff for violating the Price Act (Republic Act 7581) for alleged hoarding and profiteering.

In a separate operation, the NBI Rizal District Office raided a store in Taytay, Rizal, for selling overpriced isopropyl alcohol.

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