PS5 Scalpers Are Now Buying Stock Before It’s Even On Sale
With the continuing worldwide scarcity of new consoles, scalping has been a particular issue, especially in the UK. Now, it seems, PS5 scalpers have found a way to buy stock before it’s even officially on sale.
On the morning of January 26th, the UK department store Argos was set to drop a new shipment of Sony‘s new console. But, according to IGN, a group of PS5 scalpers had managed to pillage that restock a full day earlier.
The group has been using a paid-for Discord channel to share tricks for buying up swathes of stock, which its members then resell on eBay at massive markups.
In this case, members had found a way to access the site that allowed them to buy the stock before others even knew it was on sale; they then shared that link with other members.
The group has been publicly gloating about the scam. Like Metro, we will not be sharing their name here, as we have no interest in contributing to their undeserved fame.
According to GameSpot, PS5 scalpers made over $82 million in revenue within a month of the console’s release last November.
Furthermore, Bloomberg reported that this has had the ripple effect of lowering sales of physical games for the system. This could have potentially very real financial consequences for Sony. It seems that government ban can’t come fast enough! be sure to keep an eye out for the Amazon listings for the PS5 here. Amazon usually gets a sizeable amount of restock whenever such reports of retailers getting a new wave of PS5 stock happen.