Philippine News Agency
2 nabbed for selling overpriced alcohol in Bulacan
Two individuals were arrested in Bulacan for hoarding and selling overpriced isopropyl alcohol.
One suspect, a Grab driver identified as Mark Marvin Dalawis, was apprehended in Marilao for selling one-gallon containers at PHP665 each, significantly higher than the DTI's suggested retail price of PHP500 to PHP550.
The other suspect, Ma. Monica Ann Valencia, owner of JCM wholesale store in Calumpit, was caught selling one-liter bottles for PHP230 each, exceeding the SRP of PHP125 to PHP130.
The Department of Trade and Industry (DTI) had previously set the suggested retail price for isopropyl alcohol.
Authorities confiscated hoarded alcohol from both operations.
The arrested suspects will face charges for violating the Price Act and the Consumer Act, as well as laws against hoarding and profiteering.
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