Spin Cycle

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Schneiderman launches price gouging probe

New York Attorney General Eric Schneiderman announced an investigation Monday into storm-related price gouging “after receive hundreds of complaints from consumers” across the state.

“Our office has zero tolerance for price gouging,” Schneiderman said in a statement. “We are actively investigating hundreds of complaints we’ve received from consumers of business preying on victims of Hurricane Sandy.”

The attorney general said the complaints originated from Long Island, New York City and the Hudson Valley.

The largest number of complaints center on gasoline prices, he said, but others focus on prices for generators, food, water and “hotels raising rates due to high demand.”

 

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