MOCI Warns Businesses against Hoarding, Hiking Onion Price

first_imgWilson Tarpeh, Minister of Commerce spe-US$6.00 for onion bagThe Ministry of Commerce and Industry, (MOCI) said it has received information on an alleged shortage of onion on the Liberian market, a situation that is contributing to hoarding and hiking of onion price on the market.“We want to inform the general public and consumers that there is an adequate supply of onion on the Liberian market as it is being speculated,” the ministry said in a statement issued on Monday.“Those engaged in price hiking of onions must stop, as the price of onions is US$6.00 or its equivalent in Liberian dollars,” the ministry said.The ministry has called on businesses involved in hoarding and hiking the price of onion to desist from such unscrupulous behavior as the act is a violation of the Competition law of Liberia, which provides penalty ranging from US$1.00 to US100,000.00 as a fine, the Ministry said.In the ministry’s mandate, “We regulate all prices of goods on the Liberian market for the benefit of both the consumers and the sellers. A consignment of about thirty containers of onion is expected to arrive in the country Friday, August 3, 2018.The ministry of Commerce and Industry remains committed in ensuring that the basic commodities are available and affordable within the commerce of Liberia.The release said, the Ministry has further instructed the inspectorate division to keep surveillance on the sale of onions in the various markets around the country to ensure that those involved stop or be fined.Meanwhile, the Ministry is appealing to the public to report anybody who is found hiking the price of onions or hoarding the product and other basic commodities on the market.The numbers to call are: on Lonestar Cell MTN 9911 or on Orange 6624.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Sound too good to be true? Deputies warn: Beware of con artists

first_img“If (victims) heard this from law enforcement one time, that that particular scenario is a scam, they wouldn’t have fallen for it.” The Santa Clarita station’s number of credit-card fraud and identity-theft cases increased from 284 in 2003 to 691 in 2005, Anderson said. In a recent case of fraud, an 89-year-old Santa Clarita Valley resident was contacted earlier this month and told he had won $1.5million from the fictitious Global National Lottery Sweepstakes, Anderson said. The catch was the “winner” was told to send $22,000 in supposed taxes, which he did, Anderson said. The money is now gone. Investigators say that in another common scam, a con artist will buy something from the victim with a worthless check or money order. The victim will receive a note for more than the cost of the item being sold. Claiming to have sent too much money by mistake, the con artist will ask the victim to wire over the difference in cash. That happened to one 63-year-old Santa Clarita resident, who on March20 advertised a couch for sale, sheriff’s Lt. Brenda Cambra said. The victim received a cashier’s check for $2,350, but the couch was selling for $500. The victim agreed to send $1,800 to a Canadian bank account and keep $50 for his troubles. On April 2, a bank notified the victim the cashier’s check was counterfeit, Cambra said. “Some people don’t fall for it, but a lot of people do because they think they’re entering into a business deal with somebody.” (661) 257-5253 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! SANTA CLARITA – A nearly new Hummer H3 offered online for a bargain price of $20,000, and all the seller wanted was a money transfer to a foreign bank. While not everyone would fall for the scam, investigators say that earlier this month a Santa Clarita resident did take the bait, and now the money is all but unrecoverable. For a Sheriff’s Department fraud team, the episode is another reminder of the need to educate the public about scams. Motivated by a rising number of identity-theft cases, authorities since October have given talks to local groups on avoiding fraud. “We’ve noticed that a lot of times the scams are pretty obvious,” said Sgt. James Anderson of the Santa Clarita station. last_img read more