New Study Shows: Food Fraud Soared 60% Last Year
Mike Krieger
ZeroHedge.com
01/23/2013
From 11-inch subways to under-quality coffee and from watered-down beer and fake beef, food fraud is on the rise. So what is food fraud anyway? Well, it’s sort of what you would expect. It’s when companies label food one way, but the truth turns out to be completely different. I have been predicting an escalation in this trend for years, since it was obvious that as inflation led to increases in food prices, companies would resort to this type of behavior to keep margins inflated. So in their latest study, the non-profit food fraud detectives at the U.S. Pharmacopeial Convention (USP) show us the extent of this extremely dangerous trend.
The Rest…HERE
