PlayStation 4 Scam Hits Wal-Mart


Wal-Mart Stores, Inc. (NYSE:WMT) announced that it will price match other retailers, including some online retailers like, Inc. (NASDAQ:AMZN), but that plan has apparently backfired. Some shoppers were able to scam the big box retailer into selling them a PlayStation 4 for a mere $90.

Play Quizzes 4

PlayStation 4 Scam

How the scam works

NBC News reports that scammers have taken advantage of Amazon’s third party marketplace. Any Amazon member who is registered for a selling account on the e-commerce site can create what look to be real sale pages and list anything for sale.

How Value Investors Can Win With Tech And “Fallen” Growth Stocks

Valuation Present ValueMany value investors have given up on their strategy over the last 15 years amid concerns that value investing no longer worked. However, some made small adjustments to their strategy but remained value investors to the core. Now all of the value investors who held fast to their investment philosophy are being rewarded as value Read More

Since Wal-Mart said it will match Amazon’s prices, it means the big box chain had to honor its promise when someone listed the PlayStation 4 for $90. Shoppers simply take a picture of the webpage and show it to a Wal-Mart cashier when they go to check out at the store.

Playstation 4: Scammers take advantage of Wal-Mart’s policy

Apparently there aren’t many Wal-Mart employees who try to verify whether the webpages showing the ultra-low price of the PlayStation 4 are real. And with all the employee complaints about how the company treats them, this doesn’t come as much of a surprise. Not that it makes what the scammers are doing OK though.

According to NBC News, “many” shoppers were able to buy gaming consoles for $90. Users of both Twitter Inc (NYSE:TWTR)’s platform and Reddit posted photos of their receipts showing that they were able to get Wal-Mart to honor its price matching policy for the fake price on Amazon.

And here’s someone who pulled the same stunt with the Xbox One:

Apparently some Wal-Mart locations are starting to catch on, as one Twitter user posted a sign they said was in a Wal-Mart store:

The Consumerist suggests that the idea for this scam came after Sears Holdings Corp (NASDAQ:SHLD) made a major blunder in setting the price for the Nintendo at $60.

Updated on

Sheeraz is our COO (Chief - Operations), his primary duty is curating and editing of ValueWalk. He is main reason behind the rapid growth of the business. Sheeraz previously ran a taxation firm. He is an expert in technology, he has over 5.5 years of design, development and roll-out experience for SEO and SEM. - Email: sraza(at)
Previous article Could Mysterious Object Be Russia's Space Weapon?
Next article Longevity and the Rise of the West: Lifespans of the European Elite, 800-1800

No posts to display