Food Fraud Steals Your Dollars

from zerohedge.com

Tyler Durden's picture

New Study Shows: Food Fraud Soared 60% Last Year

Submitted by Tyler Durden on 01/23/2013 – 09:48

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.

U.S. Pharmacopeial Convention (USP), discovered rising numbers of fake ingredients in products from olive oil to spices to fruit juice.

 In a new database to be released Wednesday, and obtained exclusively by ABC News today, USP warns consumers, the FDA and manufacturers that the amount of food fraud they found is up by 60 percent this year.

What foods were tampered with most?

Pomegranate juice is diluted with grape or pear juice. Lemon juice labeled “100%” had anywhere from 10 to 35 percent lemon juice.

Fay says “It’s a little hard to mistake 100% for 10% when you are mixing up the batch and bottling it, don’t you think? It’s how food companies are managing their profits in an inflationary economy. They are substituting low-cost, or no cost ingredients such as water, for the more expensive food items in recipes. Yet the customer is ignorant of the switch, and manufacturers aren’t telling. The product’s price on the grocery shelf stays the same or goes up.”

For other articles on  stealth inflation see:

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