Coronavirus: Brothers donate 17,700 bottles of hand sanitiser after failing to sell for profit
Matt and Noah Colvin give away medical supplies after online retailer Amazon stopped their sales for price gouging
Thousands of bottles of hand sanitiser and packs of antibacterial wipes and medical masks have been donated after a failed attempt by two brothers to resell them for profit during the US coronavirus outbreak.
Boxes were taken from a storage unit and the home of Matt Colvin of Hixson, Tennessee,on Sunday, local media reported.
The items, including 17,700 bottles of hand sanitiser, were donated to a local church and some supplies will head to Kentucky.
Mr Colvin and his brother, Noah, had cleared store shelves of the items before online retailer Amazon stopped their sales and the state attorney general sent a cease-and-desist letter.
The purchases were first featured in a story in the New York Times in which the brothers drove to stores scooping up supplies around Chattanooga on March 1 - the day after the first US coronavirus death was announced.
Noah Colvin then drove about 2,100 kilometers over three days across Tennessee and Kentucky, filling a rented truck while his brother stayed home preparing for more supplies he had ordered.
Matt Colvin said he posted 300 bottles of hand sanitiser for sale on Amazon between $8 and $70 each and immediately sold them all.
“It was crazy money,” he told the newspaper.
The next day, Amazon pulled Matt Colvin's items along with thousands of other similar listings, citing price gouging. Some of the sellers behind the listings were suspended, while EBay soon banned U.S. sales of sanitizers and masks.
Matt Colvin had turned Amazon sales into a six-figure career starting in 2015, advertising Nike shoes and pet toys and by following popular trends.
In early February, when the coronavirus was spreading in China, the former Air Force technical sergeant bought 2,000 “pandemic packs” from a local liquidation firm that were left over from a defunct company. He bought them at $3.50 per pack and resold them at a substantial profit.
When public demand for sanitisers and wipes started to skyrocket, Matt and Noah Colvin went to work buying them up.
Tennessee Governor Bill Lee declared a state of emergency on Thursday. Part of that included the triggering of an anti-price gouging law.
“We will not tolerate price gouging in this time of exceptional need, and we will take aggressive action to stop it,” Herbert H Slatery III, the Tennessee attorney general, said in a statement Saturday night.
The case involving the Colvins remains under investigation.
The Kentucky attorney general Daniel Cameron said that “this is a time where we have to focus on helping our neighbours, not profiting from them”.
Updated: March 16, 2020 08:45 AM