#CNBC Walmart’s lax vetting helped fuel a Marketplace boom, but came with fakes and frauds

Walmart’s lax vetting helped fuel a Marketplace boom, but came with fakes and frauds
Walmart’s marketplace is a key part of its strategy to grow profit faster than sales and compete with Amazon, but a CNBC investigation uncovered new details about the risks the retailer is taking. CNBC found dozens of third-party sellers who had stolen the identity of another business, and determined some of those sellers were listing counterfeit health and beauty products. CNBC’s Gabrielle Fonrouge joins ‘Squawk on the Street’ to discuss.

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