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Settlement reached with brothers accused in price gouging scheme

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Posted at 10:02 AM, Apr 21, 2020
and last updated 2020-04-21 10:02:48-04

(LEX 18) — Two Tennessee brothers accused of buying medical supplies with the intent to sell them at higher prices learn their punishment.

The Tennessee Attorney General's office learned in mid-March about an alleged price gougin scheme involving emergency and medical supplies by Matthew Colvin and Noah Colvin.

The two are accused of traveling along I-75 in Tennessee and Kentucky, buying 18,000 bottles of hand sanitizer, masks, thermometers and Clorox wipes.

Once officials contacted the Colvins, they gave all of their supplies to a Tennessee non-profit.

Some supplies were also distributed in Kentucky.

As punishment, the Colvins are prohibited from selling emergency supplies or medical supplies at a higher price.